MENA: Cement Pipe Market 2024

Cement Pipe Market Size in MENA

The MENA's cement pipe market shrank to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Cement Pipe Production in MENA

In value terms, cement pipe production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a pronounced increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Cement Pipe Exports

Exports in MENA

In 2022, shipments abroad of pipes and other articles of cement increased by X% to X units, rising for the seventh year in a row after two years of decline. In general, exports showed prominent growth. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, cement pipe exports contracted to $X in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of export peaked at $X in 2021, and then shrank in the following year.

Exports by Country

Turkey represented the major exporting country with an export of about X units, which reached X% of total exports. Israel (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Saudi Arabia (X%) and Tunisia (X%). Kuwait (X units) held a little share of total exports.

Exports from Turkey increased at an average annual rate of X% from 2012 to 2022. At the same time, Israel (X%), Tunisia (X%) and Saudi Arabia (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. By contrast, Kuwait (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Israel, Saudi Arabia, Tunisia and Kuwait increased by X, X, X and X percentage points, respectively.

In value terms, Turkey ($X), Israel ($X) and Saudi Arabia ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Israel, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, which is down by X% against the previous year. In general, the export price, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The level of export peaked at $X per unit in 2021, and then reduced in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per unit), while Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced more modest paces of growth.

Cement Pipe Imports

Imports in MENA

In 2022, imports of pipes and other articles of cement in MENA dropped sharply to X units, waning by X% on the previous year. In general, imports saw a pronounced setback. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, cement pipe imports declined to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates represented the largest importer of pipes and other articles of cement in MENA, with the volume of imports finishing at X units, which was approx. X% of total imports in 2022. Israel (X units) held the second position in the ranking, followed by Kuwait (X units) and Iraq (X units). All these countries together held approx. X% share of total imports. Algeria (X units), Bahrain (X units), Jordan (X units), Oman (X units), Morocco (X units), Djibouti (X units), Lebanon (X units), Libya (X units) and Turkey (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to cement pipe imports into the United Arab Emirates stood at X%. At the same time, Kuwait (X%), Bahrain (X%), Djibouti (X%), Oman (X%), Israel (X%), Jordan (X%), Lebanon (X%) and Libya (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, Morocco (X%), Iraq (X%), Algeria (X%) and Turkey (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates, Israel, Kuwait, Bahrain, Oman, Djibouti and Jordan increased by X, X, X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X), Israel ($X) and Kuwait ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Kuwait, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per unit in 2022, jumping by X% against the previous year. Import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cement pipe import price increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2016 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per unit), while Djibouti ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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