Middle East: Prefabricated Building Market 2020

Prefabricated Building Market Size in Middle East

The revenue of the prefabricated building market in Middle East amounted to $X in 2017, declining by -X% against the previous year. The prefabricated building consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016, with an increase of X% against the previous year. In that year, the prefabricated building market attained their peak level of $X, and then declined slightly in the following year.

Prefabricated Building Production in Middle East

In 2017, approx. X units of prefabricated buildings of wood, iron or steel were produced in Middle East; stabilizing at the previous year. The prefabricated building production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when the output figure increased by X% y-o-y. Over the period under review, the prefabricated building production attained its peak figure volume in 2017, and is likely to continue its growth in the immediate term.

Prefabricated Building Exports in Middle East

The exports amounted to X units in 2017, coming up by X% against the previous year. The total exports indicated a strong growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017, when exports increased by X% against the previous year. Over the period under review, the prefabricated building exports attained its maximum volume of X units in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, prefabricated building exports stood at $X in 2017. The total exports indicated a prominent expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the prefabricated building exports attained its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Prefabricated Building Exports by Country in Middle East

In 2017, the United Arab Emirates (X units), distantly followed by Turkey (X units) and Israel (X units) represented the key exporters of prefabricated buildings of wood, iron or steel, together creating X% of total exports. The following exporters - Kuwait (X units), Lebanon (X units) and Saudi Arabia (X units) together made up X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Kuwait (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Israel ($X), Turkey ($X) and the United Arab Emirates ($X) were the countries with the highest levels of exports in 2017, together comprising X% of total exports. Kuwait, Lebanon and Saudi Arabia lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries , Kuwait (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Prefabricated Building Export Prices by Country in Middle East

The prefabricated building export price in Middle East stood at $X per thousand units in 2017, declining by -X% against the previous year. The prefabricated building export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, an increase of X% year-to-year. Over the period under review, the export prices for prefabricated buildings of wood, iron or steel reached its maximum level of $X per thousand units in 2016, and then declined slightly in the following year.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Kuwait ($X per thousand units), while the United Arab Emirates ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Saudi Arabia (+X% per year), while the other leaders experienced more modest paces of growth.

Prefabricated Building Imports in Middle East

The imports totaled X units in 2017, falling by -X% against the previous year. The prefabricated building imports continue to indicate a slight curtailment. The most prominent rate of growth was recorded in 2014, with an increase of X% y-o-y. In that year, the prefabricated building imports reached their peak volume of X units. From 2015 to 2017, growth of the prefabricated building imports stood at a somewhat lower level.

In value terms, prefabricated building imports stood at $X in 2017. The total imports indicated a moderate increase from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the prefabricated building imports decreased by -X% against 2014 indices. Over the period under review, the prefabricated building imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Prefabricated Building Imports by Country in Middle East

Saudi Arabia represented the main importing country with an import of about X units, which amounted to X% of total imports. The United Arab Emirates (X units) took the second position in the ranking, followed by Qatar (X units), Iraq (X units) and Oman (X units). All these countries together took near X% share of total imports. The following importers - Iran (X units) and Bahrain (X units) each recorded a X% share of total imports.

Saudi Arabia was also the fastest growing in terms of the prefabricated buildings of wood, iron or steel imports, with a CAGR of +X% from 2007 to 2017. At the same time, Bahrain (+X%) displayed positive paces of growth. By contrast, Iraq (-X%), Oman (-X%), the United Arab Emirates (-X%), Iran (-X%) and Qatar (-X%) illustrated a downward trend over the same period. Qatar (X%), the United Arab Emirates (X%), Iraq (X%) and Oman (X%) significantly strengthened its position in terms of the global imports, while Bahrain and Saudi Arabia saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported prefabricated buildings of wood, iron or steel in Middle East, making up X% of global imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global imports. It was followed by Qatar, with a X% share.

In Saudi Arabia, prefabricated building imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and Qatar (-X% per year).

Prefabricated Building Import Prices by Country in Middle East

The prefabricated building import price in Middle East stood at $X per thousand units in 2017, picking up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2012, when the import prices increased by X% y-o-y. In that year, the import prices for prefabricated buildings of wood, iron or steel reached their peak level of $X per thousand units. From 2013 to 2017, growth of the import prices for prefabricated buildings of wood, iron or steel failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Iran ($X per thousand units), while Bahrain ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Qatar (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform