GCC: Market for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips 2024

Market Size for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in GCC

The GCC chain scoops and sliders market shrank modestly to $X in 2022, waning by X% against the previous year. Overall, consumption, however, recorded resilient growth. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in GCC

In value terms, chain scoops and sliders production dropped to $X in 2022 estimated in export price. Overall, production, however, posted a resilient expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Exports in GCC

In 2022, after four years of growth, there was significant decline in shipments abroad of chain scoops, sliders, runners, end pieces and narrow strips, when their volume decreased by X% to X tons. Over the period under review, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of X%. The volume of export peaked at X tons in 2021, and then fell notably in the following year.

In value terms, chain scoops and sliders exports shrank markedly to $X in 2022. Overall, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates prevails in exports structure, accounting for X tons, which was near X% of total exports in 2022. Saudi Arabia (X kg) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to chain scoops and sliders exports from the United Arab Emirates stood at X%. At the same time, Saudi Arabia (X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2022. The United Arab Emirates (X p.p.) and Saudi Arabia (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 United Arab Emirates ($X) remains the largest chain scoops and sliders supplier in GCC, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates amounted to X%.

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the export price, however, showed a noticeable decline. The most prominent rate of growth was recorded in 2019 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the United Arab Emirates totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%).

Imports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Imports in GCC

In 2022, imports of chain scoops, sliders, runners, end pieces and narrow strips in GCC reduced rapidly to X tons, with a decrease of X% on the previous year. In general, imports faced a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, chain scoops and sliders imports fell rapidly to $X in 2022. Overall, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates represented the key importer of chain scoops, sliders, runners, end pieces and narrow strips in GCC, with the volume of imports resulting at X tons, which was near X% of total imports in 2022. It was distantly followed by Kuwait (X tons), comprising a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to chain scoops and sliders 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 2012-2022. While the share of Kuwait (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United Arab Emirates (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported chain scoops, sliders, runners, end pieces and narrow strips in GCC, comprising X% of total imports. The second position in the ranking was taken by Kuwait ($X), with a X% share of total imports.

In the United Arab Emirates, chain scoops and sliders imports declined by an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in GCC stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chain scoops and sliders import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Kuwait totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%).

Source: IndexBox Platform

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