Middle East: Market for Iron Or Steel Doors, Thresholds For Doors And Windows 2024

Market Size for Iron Or Steel Doors, Thresholds For Doors And Windows in the Middle East

In 2022, the Middle Eastern market for iron or steel doors, thresholds for doors and windows decreased by -31.6% to $X, falling for the fourth consecutive year after seven years of growth. In general, 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 failed to regain momentum.

Production of Iron Or Steel Doors, Thresholds For Doors And Windows in the Middle East

In value terms, production of iron or steel doors, thresholds for doors and windows shrank rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, posted strong growth. The growth pace was the most rapid in 2021 with an increase of 49% against the previous year. Over the period under review, production of attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Iron Or Steel Doors, Thresholds For Doors And Windows

Exports in the Middle East

In 2022, overseas shipments of iron or steel doors, thresholds for doors and windows decreased by -1% to X units for the first time since 2019, thus ending a two-year rising trend. Total exports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +9.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.2% against 2017 indices. The pace of growth was the most pronounced in 2013 when exports increased by 38% against the previous year. The volume of export peaked at X units in 2021, and then shrank in the following year.

In value terms, exports of iron or steel doors, thresholds for doors and windows rose slightly to $X in 2022. Total exports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.5% against 2016 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 47% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Turkey prevails in windows structure, resulting at X units, which was approx. 86% of total exports in 2022. It was distantly followed by the United Arab Emirates (X units), mixing up a 7.9% share of total exports. Saudi Arabia (X units) held a relatively small share of total exports.

Turkey was also the fastest-growing in terms of the iron or steel doors, thresholds for doors and windows exports, with a CAGR of +12.2% from 2012 to 2022. At the same time, the United Arab Emirates (+3.5%) displayed positive paces of growth. Saudi Arabia experienced a relatively flat trend pattern. From 2012 to 2022, the share of Turkey increased by +18 percentage points.

In value terms, Turkey ($X) remains the largest iron or steel window and door supplier in the Middle East, comprising 79% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey amounted to +9.6%. In the other countries, the average annual rates were as follows: the United Arab Emirates (+7.2% per year) and Saudi Arabia (+3.6% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per unit, surging by 2.9% against the previous year. In general, the export price, however, recorded a mild slump. The pace of growth was the most pronounced in 2021 an increase of 14%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Saudi Arabia ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.6%), while the other leaders experienced mixed trends in the export price figures.

Imports of Iron Or Steel Doors, Thresholds For Doors And Windows

Imports in the Middle East

In 2022, the amount of iron or steel doors, thresholds for doors and windows imported in the Middle East declined rapidly to X units, with a decrease of -21.9% compared with the previous year. Over the period under review, imports showed a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of iron or steel doors, thresholds for doors and windows fell to $X in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by 88% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, Iraq (X units), distantly followed by Qatar (X units), the United Arab Emirates (X units), Oman (X units), Israel (X units) and Turkey (X units) represented the largest importers of iron or steel doors, thresholds for doors and windows, together comprising 84% of total imports. Iran (X units) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of +15.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel window and door importing markets in the Middle East were the United Arab Emirates ($X), Iraq ($X) and Turkey ($X), with a combined 44% share of total imports. Israel, Qatar, Oman and Iran lagged somewhat behind, together accounting for a further 25%.

In terms of the main importing countries, Israel, with a CAGR of +14.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per unit, surging by 24% against the previous year. Overall, the import price recorded a moderate increase. The pace of growth appeared the most rapid in 2014 when the import price increased by 75%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per unit), while Qatar ($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 (+6.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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