Metal Stud-Link Chain Market Overview in Middle East
The revenue of the metal stud-link chain market in the Middle East soared to $ in 2018, with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2008 with an increase of % against the previous year. Over the period under review, the market hit record highs at $ in 2013; however, from 2014 to 2018, consumption failed to regain the momentum.
In the United Arab Emirates, metal stud-link chain consumption increased at an average annual rate of +% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Iran (-% per year) and Iraq (+% per year).
In value terms, the largest metal stud-link chain markets in the Middle East were the United Arab Emirates ($), Iraq ($) and Iran ($), with a combined % share of the total market.
Iraq recorded the highest growth rate of market size, in terms of the main consuming countries over the period under review, while metal stud-link chain market for the other leaders experienced more modest paces of growth.
The countries with the highest levels of metal stud-link chain per capita consumption in 2018 were the United Arab Emirates ( kg per persons), Bahrain ( kg per persons) and Kuwait ( kg per persons).
From 2007 to 2018, the biggest increases were in Bahrain, while metal stud-link chain per capita consumption for the other leaders experienced more modest paces of growth.