Middle East: Unwrought Copper Alloy Market 2020

Unwrought Copper Alloy Market Size in Middle East

The revenue of the unwrought copper alloy market in Middle East amounted to $X in 2017, growing by X% against the previous year. The unwrought copper alloy consumption continues to indicate a temperate setback. The most prominent rate of growth was recorded in 2017, with an increase of X% against the previous year. The level of unwrought copper alloy consumption peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Unwrought Copper Alloy Production in Middle East

In 2017, production of unwrought copper alloy in Middle East stood at X tons, approximately reflecting the previous year. The unwrought copper alloy production continues to indicate a modest increase. The pace of growth was the most pronounced in 2016, with an increase of X% y-o-y. Over the period under review, the unwrought copper alloy production attained its peak figure volume in 2017, and is likely to see steady growth in the near future.

Unwrought Copper Alloy Exports in Middle East

In 2017, unwrought copper alloy exports in Middle East amounted to X tons, coming up by X% against the previous year. The total exports indicated a strong increase 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. Based on 2017 figures, the unwrought copper alloy exports increased by +X% against 2012 indices. The pace of growth was the most pronounced in 2017, when it surged by X% against the previous year. In that year, the unwrought copper alloy exports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, unwrought copper alloy exports totaled $X in 2017. The total exports indicated a remarkable 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. Based on 2017 figures, the unwrought copper alloy exports increased by +X% against 2015 indices. In that year, the unwrought copper alloy exports attained their peak level, and are likely to continue its growth in the immediate term.

Unwrought Copper Alloy Exports by Country in Middle East

Turkey represented the largest exporter of unwrought copper alloy in Middle East, with the volume of exports accounting for X tons, which was near X% of total exports in 2017. It was distantly followed by Saudi Arabia (X tons), Israel (X tons), the United Arab Emirates (X tons), Lebanon (X tons) and Yemen (X tons), together achieving X% share of total exports. Iran (X tons) occupied the minor share of total exports.

From 2007 to 2017, average annual rates of growth with regard to unwrought copper alloy exports from Turkey stood at +X%. At the same time, Lebanon (+X%), Yemen (+X%), Saudi Arabia (+X%), the United Arab Emirates (+X%) and Israel (+X%) displayed positive paces of growth. Moreover, Lebanon emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. By contrast, Iran (-X%) illustrated a downward trend over the same period. Iran (X%) significantly strengthened its position in terms of the global exports, while the United Arab Emirates, Yemen, Lebanon, Saudi Arabia and Turkey saw its share reduced by -X%, -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest unwrought copper alloy supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of global exports. It was followed by Israel, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Turkey totaled +X%. In the other countries, the average annual rates were as follows: Saudi Arabia (+X% per year) and Israel (-X% per year).

Unwrought Copper Alloy Export Prices by Country in Middle East

The unwrought copper alloy export price in Middle East stood at $X per ton in 2017, picking up by X% against the previous year. The unwrought copper alloy export price continues to indicate a temperate drop. The growth pace was the most rapid in 2017, an increase of X% year-to-year. The level of export price peaked of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

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

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (-X% per year), while the other leaders experienced a decline in the export price figures.

Unwrought Copper Alloy Imports in Middle East

In 2017, approx. X tons of unwrought copper alloy were imported in Middle East; coming up by X% against the previous year. The unwrought copper alloy imports continue to indicate a drastic shrinkage. The pace of growth was the most pronounced in 2017, with an increase of X% against the previous year. The volume of imports peaked of X tons in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, unwrought copper alloy imports stood at $X in 2017. The unwrought copper alloy imports continue to indicate a slight deduction. Over the period under review, the unwrought copper alloy imports attained its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Unwrought Copper Alloy Imports by Country in Middle East

Turkey was the major importer of unwrought copper alloy in Middle East, with the volume of imports reaching X tons, which was near X% of total imports in 2017. The United Arab Emirates (X tons) took the second position in the ranking, distantly followed by Iran (X tons). All these countries together took approx. X% share of total imports. Bahrain (X tons), Lebanon (X tons), Saudi Arabia (X tons) and Israel (X tons) occupied the weak share of total imports.

From 2007 to 2017, average annual rates of growth with regard to unwrought copper alloy imports into Turkey stood at -X%. At the same time, Iran (+X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. Saudi Arabia and Lebanon experienced a relatively flat trend pattern. By contrast, Bahrain (-X%), the United Arab Emirates (-X%) and Israel (-X%) illustrated a downward trend over the same period. The United Arab Emirates (X%), Turkey (X%), Israel (X%) and Bahrain (X%) significantly strengthened its position in terms of the global imports, while Iran saw its share reduced by -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported unwrought copper alloy in Middle East, making up X% of global imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global imports. It was followed by Iran, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Turkey was relatively modest. In the other countries, the average annual rates were as follows: the United Arab Emirates (-X% per year) and Iran (+X% per year).

Unwrought Copper Alloy Import Prices by Country in Middle East

The unwrought copper alloy import price in Middle East stood at $X per ton in 2017, coming down by -X% against the previous year. The import price indicated a measured expansion from 2007 to 2017: its price 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 appeared the most rapid in 2013, when it surged by X% year-to-year. Over the period under review, the import prices for unwrought copper alloy reached its maximum level of $X per ton in 2016, and then declined slightly in the following year.

Import prices varied noticeably by the country of destination; the country with the highest import price was Saudi Arabia ($X per kg), while Iran ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform