MENA: Market for Floor, Wall Or Ceiling Coverings Of Plastics 2024

Market Size for Floor, Wall Or Ceiling Coverings Of Plastics in MENA

The MENA's market for floor, wall or ceiling coverings of plastics shrank modestly to $X in 2023, falling by X% against the previous year. In general, consumption posted a notable expansion. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Production of Floor, Wall Or Ceiling Coverings Of Plastics in MENA

In value terms, production of floor, wall or ceiling coverings of plastics dropped to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a moderate increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production of attained the peak level at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

Exports of Floor, Wall Or Ceiling Coverings Of Plastics

Exports in MENA

For the fourth year in a row, MENA recorded growth in shipments abroad of floor, wall or ceiling coverings of plastics, which increased by X% to X square meters in 2023. In general, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum in 2023 and are expected to retain growth in the near future.

In value terms, exports of floor, wall or ceiling coverings of plastics contracted slightly to $X in 2023. Over the period under review, exports saw prominent growth. The growth pace was the most rapid in 2022 with an increase of X%. As a result, the exports attained the peak of $X, and then shrank slightly in the following year.

Exports by Country

In 2023, Turkey (X square meters) represented the key exporter of floor, wall or ceiling coverings of plastics, making up X% of total exports. It was distantly followed by the United Arab Emirates (X square meters), committing an X% share of total exports. Israel (X square meters), Egypt (X square meters) and Saudi Arabia (X square meters) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to plastic floor, wall and ceiling coverings exports from Turkey stood at X%. At the same time, Egypt (X%), the United Arab Emirates (X%) and Israel (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2023. By contrast, Saudi Arabia (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Israel (X p.p.) and Saudi Arabia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest plastic floor, wall and ceiling coverings supplier in MENA, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with an X% share of total exports. It was followed by Israel, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Turkey amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Israel (X% per year).

Export Prices by Country

In 2023, the export price in MENA amounted to $X per square meter, shrinking by X% against the previous year. Overall, the export price saw a slight reduction. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The level of export peaked at $X per square meter in 2017; however, from 2018 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Egypt ($X per square meter), while the United Arab Emirates ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the other leaders experienced more modest paces of growth.

Imports of Floor, Wall Or Ceiling Coverings Of Plastics

Imports in MENA

In 2023, imports of floor, wall or ceiling coverings of plastics in MENA skyrocketed to X square meters, increasing by X% compared with the previous year. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports of attained the peak figure at X square meters in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, imports of floor, wall or ceiling coverings of plastics soared to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by X%. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X square meters) and Iraq (X square meters) represented the largest importers of floor, wall or ceiling coverings of plastics in 2023, reaching near X% and X% of total imports, respectively. Turkey (X square meters) held the next position in the ranking, followed by Saudi Arabia (X square meters). All these countries together took approx. X% share of total imports. Yemen (X square meters), Israel (X square meters), Libya (X square meters), Kuwait (X square meters), Morocco (X square meters), Iran (X square meters), Algeria (X square meters), Egypt (X square meters) and Oman (X square meters) held a minor share of total imports.

From 2012 to 2023, the biggest increases were recorded for Iraq (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic floor, wall and ceiling coverings importing markets in MENA were Turkey ($X), the United Arab Emirates ($X) and Saudi Arabia ($X), with a combined X% share of total imports. Iraq, Israel, Morocco, Yemen, Libya, Kuwait, Algeria, Iran, Egypt and Oman lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Iraq, with a CAGR of X%, 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

The import price in MENA stood at $X per square meter in 2023, picking up by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2017 to 2023, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Saudi Arabia ($X per square meter), while Iraq ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Iran (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform