GCC: Fruit-Preparation Industrial Machinery Market 2024

Fruit-Preparation Industrial Machinery Market Size in GCC

The GCC fruit-preparation industrial machinery market stood at $X in 2023, stabilizing at the previous year. Overall, consumption, however, saw a buoyant increase. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Fruit-Preparation Industrial Machinery Production in GCC

In value terms, fruit-preparation industrial machinery production rose to $X in 2023 estimated in export price. In general, production saw a resilient increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Fruit-Preparation Industrial Machinery Exports

Exports in GCC

In 2023, shipments abroad of industrial machinery for the preparation of fruits, nuts or vegetables decreased by X% to X units, falling for the third year in a row after two years of growth. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

In value terms, fruit-preparation industrial machinery exports dropped to $X in 2023. In general, exports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates prevails in exports structure, amounting to X units, which was near X% of total exports in 2023. Bahrain (X units) took the second position in the ranking, followed by Kuwait (X units) and Oman (X units). All these countries together held near X% share of total exports. Saudi Arabia (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 industrial machinery for the preparation of fruits, nuts or vegetables. Oman, Saudi Arabia and Kuwait experienced a relatively flat trend pattern. Bahrain (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 exports from 2012-2023, the share of Bahrain (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 ($X) remains the largest fruit-preparation industrial machinery supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports. It was followed by Bahrain, with a X% share.

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

Export Prices by Country

The export price in GCC stood at $X per unit in 2023, growing by X% against the previous year. Over the period under review, the export price recorded resilient growth. The pace of growth was the most pronounced in 2020 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2021 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 Saudi Arabia ($X per unit), while Oman ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Fruit-Preparation Industrial Machinery Imports

Imports in GCC

In 2023, imports of industrial machinery for the preparation of fruits, nuts or vegetables in GCC declined notably to X units, shrinking by X% compared with 2022. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked at X units in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

In value terms, fruit-preparation industrial machinery imports declined to $X in 2023. Overall, imports showed a perceptible shrinkage. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2023, the growth of imports failed to regain momentum.

Imports by Country

The United Arab Emirates represented the largest importer of industrial machinery for the preparation of fruits, nuts or vegetables in GCC, with the volume of imports accounting for X units, which was approx. X% of total imports in 2023. Qatar (X units) held the second position in the ranking, distantly followed by Oman (X units), Kuwait (X units) and Bahrain (X units). All these countries together held near X% share of total imports.

The United Arab Emirates was also the fastest-growing in terms of the industrial machinery for the preparation of fruits, nuts or vegetables imports, with a CAGR of X% from 2012 to 2023. Bahrain, Oman and Kuwait experienced a relatively flat trend pattern. 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 ($X) constitutes the largest market for imported industrial machinery for the preparation of fruits, nuts or vegetables in GCC, comprising X% of total imports. The second position in the ranking was held by Oman ($X), with a X% share of total imports. It was followed by Qatar, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in the United Arab Emirates amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Oman (X% per year) and Qatar (X% per year).

Import Prices by Country

In 2023, the import price in GCC amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price, however, showed a abrupt decline. 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 the United Arab Emirates ($X per unit), while Qatar ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform