MENA: 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 MENA

In 2022, the MENA's market for iron or steel doors, thresholds for doors and windows decreased by -30.9% to $X, falling for the fourth consecutive year after seven years of growth. Over the period under review, consumption, however, recorded 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 MENA

In value terms, production of iron or steel doors, thresholds for doors and windows reduced dramatically to $X in 2022 estimated in export price. In general, production, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 when the production volume increased by 49%. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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

Exports in MENA

After two years of growth, overseas shipments of iron or steel doors, thresholds for doors and windows decreased by -0.3% to X units in 2022. Total exports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +9.7% 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 +44.8% against 2017 indices. The most prominent rate of growth was recorded in 2013 with an increase of 39% against the previous year. The volume of export peaked at X units in 2021, and then dropped slightly 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 a strong increase from 2012 to 2022: its value increased at an average annual rate of +7.7% 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 +83.4% against 2016 indices. The pace of growth was the most pronounced in 2021 with an increase of 47% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Turkey dominates windows structure, reaching X units, which was approx. 85% of total exports in 2022. It was distantly followed by the United Arab Emirates (X units), comprising a 7.8% share of total exports. Saudi Arabia (X units) held a little 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 +17 percentage points.

In value terms, Turkey ($X) remains the largest iron or steel window and door supplier in MENA, comprising 77% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with an 11% share of total exports.

In Turkey, exports of iron or steel doors, thresholds for doors and windows increased at an average annual rate of +9.6% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: 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 MENA amounted to $X per unit, growing by 4.2% against the previous year. Overall, the export price, however, showed a mild descent. The growth pace was the most rapid in 2021 when the export price increased by 14% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 MENA

In 2022, the amount of iron or steel doors, thresholds for doors and windows imported in MENA declined remarkably to X units, waning by -17.1% compared with 2021. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. Over the period under review, imports of attained the peak figure 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 shrank slightly to $X in 2022. In general, imports, however, posted a mild increase. The growth pace was the most rapid in 2014 with an increase of 76%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, Iraq (X units), followed by Qatar (X units), Egypt (X units), Libya (X units), Morocco (X units), the United Arab Emirates (X units), Oman (X units), Algeria (X units), Israel (X units) and Turkey (X units) were the main importers of iron or steel doors, thresholds for doors and windows, together comprising 85% of total imports.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of +16.0%), 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 MENA were Egypt ($X), the United Arab Emirates ($X) and Iraq ($X), together accounting for 33% of total imports.

In terms of the main importing countries, Egypt, with a CAGR of +17.1%, saw 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 MENA amounted to $X per unit, with an increase of 16% against the previous year. In general, the import price enjoyed a slight expansion. The pace of growth appeared the most rapid in 2014 when the import price increased by 64%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the import prices failed to regain momentum.

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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