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

Market Size for Floor, Wall Or Ceiling Coverings Of Plastics in the Middle East

The Middle Eastern market for floor, wall or ceiling coverings of plastics declined modestly to $X in 2023, shrinking by X% against the previous year. Overall, consumption showed a temperate expansion. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Production of Floor, Wall Or Ceiling Coverings Of Plastics in the Middle East

In value terms, production of floor, wall or ceiling coverings of plastics contracted to $X in 2023 estimated in export price. Over the period under review, production, however, saw a pronounced increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production of reached the peak level at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.

Exports of Floor, Wall Or Ceiling Coverings Of Plastics

Exports in the Middle East

For the fourth year in a row, the Middle East recorded growth in shipments abroad of floor, wall or ceiling coverings of plastics, which increased by X% to X square meters in 2023. Over the period under review, exports enjoyed resilient growth. The pace of growth appeared the most rapid in 2022 when exports increased by X%. Over the period under review, the exports of reached the maximum in 2023 and are expected to retain growth in the immediate term.

In value terms, exports of floor, wall or ceiling coverings of plastics declined slightly to $X in 2023. In general, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then contracted modestly in the following year.

Exports by Country

Turkey represented the key exporting country with an export of around X square meters, which amounted to X% of total exports. It was distantly followed by the United Arab Emirates (X square meters), constituting an X% share of total exports. Israel (X square meters) and Saudi Arabia (X square meters) followed a long way behind the leaders.

Turkey was also the fastest-growing in terms of the floor, wall or ceiling coverings of plastics exports, with a CAGR of X% from 2012 to 2023. At the same time, the United Arab Emirates (X%) and Israel (X%) displayed positive paces of growth. By contrast, Saudi Arabia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Turkey increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2023, the average annual growth rate 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 the Middle East amounted to $X per square meter, waning by X% against the previous year. Over the period under review, the export price showed a perceptible curtailment. The most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per square meter in 2017; however, from 2018 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per square meter), while the United Arab Emirates ($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 mixed trends in the export price figures.

Imports of Floor, Wall Or Ceiling Coverings Of Plastics

Imports in the Middle East

In 2023, approx. X square meters of floor, wall or ceiling coverings of plastics were imported in the Middle East; picking up by X% on 2022. Total imports indicated a measured increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports of attained the maximum at X square meters in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of floor, wall or ceiling coverings of plastics surged to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 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) were the key importers of floor, wall or ceiling coverings of plastics in 2023, finishing at near X% and X% of total imports, respectively. Turkey (X square meters) ranks next in terms of the total imports with a X% share, followed by Saudi Arabia (X%), Yemen (X%) and Israel (X%). Kuwait (X square meters) held a minor share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Iraq (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Saudi Arabia ($X) appeared to be the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Iraq, Israel, Yemen and Kuwait lagged somewhat behind, together comprising a further X%.

Iraq, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries 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 the Middle East stood at $X per square meter in 2023, growing by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X%. As a result, import price attained the peak level of $X per square meter. From 2017 to 2023, 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 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 Turkey (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform