MENA: Linoleum Market 2024

Linoleum Market Size in MENA

The MENA's linoleum market was estimated at $X in 2023, approximately equating the previous year. In general, consumption, however, saw a noticeable reduction. As a result, consumption attained the peak level of $X. From 2015 to 2023, the growth of the market remained at a lower figure.

Linoleum Production in MENA

In value terms, linoleum production stood at $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable contraction. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Linoleum Exports

Exports in MENA

In 2023, overseas shipments of linoleum increased by X% to X square meters, rising for the second year in a row after six years of decline. Over the period under review, exports, however, continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of X square meters. From 2016 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, linoleum exports skyrocketed to $X in 2023. In general, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2022 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, Turkey (X square meters) was the largest exporter of linoleum, constituting X% of total exports. The United Arab Emirates (X square meters) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Egypt (X%) and Syrian Arab Republic (X%). The following exporters - Saudi Arabia (X square meters) and Jordan (X square meters) - each amounted to a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to linoleum exports from Turkey stood at X%. At the same time, Egypt (X%) and the United Arab Emirates (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. Jordan experienced a relatively flat trend pattern. By contrast, Syrian Arab Republic (X%) and Saudi Arabia (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.), the United Arab Emirates (X p.p.), Egypt (X p.p.), Syrian Arab Republic (X p.p.) and Jordan (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.

In value terms, Turkey ($X) remains the largest linoleum supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Egypt ($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 totaled X%. In the other countries, the average annual rates were as follows: Egypt (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The export price in MENA stood at $X per square meter in 2023, growing by X% against the previous year. Export price indicated strong growth from 2012 to 2023: its price 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, linoleum export price increased by X% against 2020 indices. 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 reached the maximum in 2023 and is likely to see gradual growth in the near future.

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 ($X per square meter), while the United Arab Emirates ($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 Egypt (X%), while the other leaders experienced more modest paces of growth.

Linoleum Imports

Imports in MENA

In 2023, approx. X square meters of linoleum were imported in MENA; picking up by X% against the previous year's figure. Overall, imports, however, showed a perceptible shrinkage. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X square meters. From 2014 to 2023, the growth of imports remained at a lower figure.

In value terms, linoleum imports expanded remarkably to $X in 2023. In general, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

Turkey was the main importing country with an import of about X square meters, which finished at X% of total imports. It was distantly followed by Yemen (X square meters), the United Arab Emirates (X square meters), Bahrain (X square meters) and Iraq (X square meters), together making up a X% share of total imports. The following importers - Iran (X square meters) and Kuwait (X square meters) - each finished at an X% share of total imports.

Imports into Turkey increased at an average annual rate of X% from 2012 to 2023. At the same time, Bahrain (X%), Iran (X%), the United Arab Emirates (X%), Iraq (X%) and Kuwait (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2023. By contrast, Yemen (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.), the United Arab Emirates (X p.p.), Bahrain (X p.p.), Iraq (X p.p.), Iran (X p.p.), Kuwait (X p.p.) and Yemen (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported linoleum in MENA, comprising X% of total imports. The second position in the ranking was held by Yemen ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Turkey was relatively modest. In the other countries, the average annual rates were as follows: Yemen (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The import price in MENA stood at $X per square meter in 2023, which is down by X% against the previous year. In general, the import price showed a pronounced decline. The most prominent rate of growth was recorded in 2015 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2016 to 2023, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Iraq ($X per square meter), while Yemen ($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 Iraq (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform