GCC - Iron or Steel Anchors, Grapnels - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGCC: Market for Iron Or Steel Anchors, Grapnels 2024
Market Size for Iron Or Steel Anchors, Grapnels in GCC
For the fourth year in a row, the GCC metal anchors and grapnels market recorded decline in sales value, which decreased by X% to $X in 2023. Overall, consumption continues to indicate a noticeable slump. As a result, consumption reached the peak level of $X. From 2014 to 2023, the growth of the market remained at a lower figure.
Production of Iron Or Steel Anchors, Grapnels in GCC
In value terms, metal anchors and grapnels production reduced to $X in 2023 estimated in export price. In general, production, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.
Exports of Iron Or Steel Anchors, Grapnels
Exports in GCC
In 2023, after two years of decline, there was significant growth in overseas shipments of iron or steel anchors, grapnels, when their volume increased by X% to X units. Overall, exports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2020 when exports increased by X%. As a result, the exports attained the peak of X units. From 2021 to 2023, the growth of the exports failed to regain momentum.
In value terms, metal anchors and grapnels exports skyrocketed to $X in 2023. In general, exports continue to indicate a prominent increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2023, the growth of the exports failed to regain momentum.
Exports by Country
The United Arab Emirates dominates exports structure, reaching X units, which was approx. X% of total exports in 2023. It was distantly followed by Kuwait (X units), mixing up an X% share of total exports. Bahrain (X units), Oman (X units) and Qatar (X units) followed a long way behind the leaders.
The United Arab Emirates experienced a relatively flat trend pattern with regard to volume of exports of iron or steel anchors, grapnels. At the same time, Kuwait (X%), Qatar (X%) and Oman (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2023. By contrast, Bahrain (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.), Kuwait (X p.p.), Oman (X p.p.) and Qatar (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest metal anchors and grapnels supplying countries in GCC were Qatar ($X), the United Arab Emirates ($X) and Kuwait ($X), with a combined X% share of total exports.
Kuwait, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the export price in GCC amounted to $X per unit, surging by X% against the previous year. Overall, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2023, the export prices remained at a lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced more modest paces of growth.
Imports of Iron Or Steel Anchors, Grapnels
Imports in GCC
In 2023, the amount of iron or steel anchors, grapnels imported in GCC surged to X units, jumping by X% on the year before. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports reached the peak of X units. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.
In value terms, metal anchors and grapnels imports soared to $X in 2023. Over the period under review, imports, however, recorded a noticeable contraction. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.
Imports by Country
The United Arab Emirates prevails in imports structure, amounting to X units, which was approx. X% of total imports in 2023. Qatar (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Oman (X%). The following importers - Bahrain (X units) and Kuwait (X units) - each recorded a X% share of total imports.
From 2012 to 2023, average annual rates of growth with regard to metal anchors and grapnels imports into the United Arab Emirates stood at X%. At the same time, Kuwait (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2023. Bahrain experienced a relatively flat trend pattern. By contrast, Oman (X%) and Qatar (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Oman (X p.p.) and Qatar (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United Arab Emirates ($X) constitutes the largest market for imported iron or steel anchors, grapnels in GCC, comprising X% of total imports. The second position in the ranking was held by Qatar ($X), with an X% share of total imports. It was followed by Oman, with a X% share.
In the United Arab Emirates, metal anchors and grapnels imports plunged by an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Qatar (X% per year) and Oman (X% per year).
Import Prices by Country
In 2023, the import price in GCC amounted to $X per unit, declining by X% against the previous year. Overall, the import price showed a perceptible descent. The growth pace was the most rapid in 2019 an increase of X%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Kuwait ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for metal anchors and grapnels in GCC. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25992911 - Iron or steel anchors, grapnels and parts thereof (excluding masonry anchors)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in GCC, split by region and country
- Trade (exports and imports) in GCC
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Bahrain
- Kuwait
- Oman
- Qatar
- Saudi Arabia
- United Arab Emirates
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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