MENA: Market for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone 2024

Market Size for Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in MENA

The MENA's market for building blocks and bricks of cement, concrete or artificial stone stood at $X in 2023, with an increase of X% against the previous year. The total consumption indicated resilient growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Production of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone in MENA

In value terms, production of building blocks and bricks of cement, concrete or artificial stone totaled $X in 2023 estimated in export price. The total production indicated a resilient expansion from 2012 to 2023: its value 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, production decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production of hit record highs at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Exports of Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Exports in MENA

In 2023, shipments abroad of building blocks and bricks of cement, concrete or artificial stone decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. The volume of export peaked at X tons in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of building blocks and bricks of cement, concrete or artificial stone expanded to $X in 2023. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports of hit record highs at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

Exports by Country

In 2023, Turkey (X tons) represented the key exporter of building blocks and bricks of cement, concrete or artificial stone, generating X% of total exports. Iran (X tons) held the second position in the ranking, followed by Saudi Arabia (X tons) and the United Arab Emirates (X tons). All these countries together took near X% share of total exports. The following exporters - Palestine (X tons), Egypt (X tons) and Kuwait (X tons) - each finished at an X% share of total exports.

Turkey experienced a relatively flat trend pattern with regard to volume of exports of building blocks and bricks of cement, concrete or artificial stone. At the same time, Egypt (X%), Kuwait (X%), Iran (X%), the United Arab Emirates (X%) and Palestine (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 Iran (X p.p.), the United Arab Emirates (X p.p.), Egypt (X p.p.), Kuwait (X p.p.) and Palestine (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of 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 ($X) remains the largest building blocks and bricks of cement, concrete or artificial stone supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Turkey stood at X%. In the other countries, the average annual rates were as follows: Saudi Arabia (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2023, rising by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

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 ($X per ton), while Iran ($X per ton) 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 Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone

Imports in MENA

In 2023, supplies from abroad of building blocks and bricks of cement, concrete or artificial stone decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Overall, imports continue to indicate a mild slump. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2023, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of building blocks and bricks of cement, concrete or artificial stone shrank to $X in 2023. Over the period under review, imports, however, saw a mild increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2023, the growth of imports of remained at a lower figure.

Imports by Country

Israel was the major importer of building blocks and bricks of cement, concrete or artificial stone in MENA, with the volume of imports reaching X tons, which was near X% of total imports in 2023. Djibouti (X tons) ranks second in terms of the total imports with an X% share, followed by Oman (X%) and Kuwait (X%). The following importers - Iraq (X tons), Syrian Arab Republic (X tons) and Turkey (X tons) - together made up X% of total imports.

Israel was also the fastest-growing in terms of the building blocks and bricks of cement, concrete or artificial stone imports, with a CAGR of X% from 2012 to 2023. At the same time, Syrian Arab Republic (X%), Djibouti (X%), Kuwait (X%), Oman (X%) and Turkey (X%) displayed positive paces of growth. By contrast, Iraq (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Israel, Djibouti, Kuwait, Oman and Syrian Arab Republic increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Israel ($X) constitutes the largest market for imported building blocks and bricks of cement, concrete or artificial stone in MENA, comprising X% of total imports. The second position in the ranking was held by Djibouti ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Israel stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Djibouti (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2023, the import price in MENA amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price saw a moderate expansion. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked in 2023 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Iraq (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform