MENA: Tow-Behind Air Compressor Market 2024

Tow-Behind Air Compressor Market Size in MENA

The MENA's tow-behind air compressor market totaled $X in 2022, increasing by X% against the previous year. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Tow-Behind Air Compressor Production in MENA

In value terms, tow-behind air compressor production expanded remarkably to $X in 2022 estimated in export price. The total production indicated resilient growth from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Tow-Behind Air Compressor Exports

Exports in MENA

In 2022, shipments abroad of air compressors mounted on a wheeled chassis for towing increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports continue to indicate a temperate expansion. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, tow-behind air compressor exports skyrocketed to $X in 2022. Overall, exports saw a prominent expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Turkey represented the largest exporting country with an export of around X units, which reached X% of total exports. Tunisia (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by the United Arab Emirates (X%).

Turkey experienced a relatively flat trend pattern with regard to volume of exports of air compressors mounted on a wheeled chassis for towing. At the same time, Tunisia (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. Tunisia (X p.p.) and the United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Turkey saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) emerged as the largest tow-behind air compressor supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (X% per year) and Tunisia (X% per year).

Export Prices by Country

The export price in MENA stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Tunisia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced a decline in the export price figures.

Tow-Behind Air Compressor Imports

Imports in MENA

For the third year in a row, MENA recorded growth in overseas purchases of air compressors mounted on a wheeled chassis for towing, which increased by X% to X units in 2022. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The volume of import peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, tow-behind air compressor imports expanded rapidly to $X in 2022. Over the period under review, imports, however, showed a deep setback. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Turkey was the major importer of air compressors mounted on a wheeled chassis for towing in MENA, with the volume of imports recording X units, which was approx. X% of total imports in 2022. The United Arab Emirates (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Morocco (X%). Qatar (X units), Algeria (X units), Iran (X units), Kuwait (X units), Lebanon (X units), Egypt (X units), Bahrain (X units) and Iraq (X units) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Morocco (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported air compressors mounted on a wheeled chassis for towing in MENA, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by Qatar, with a X% share.

From 2012 to 2022, 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: Turkey (X% per year) and Qatar (X% per year).

Import Prices by Country

The import price in MENA stood at $X per unit in 2022, declining by X% against the previous year. In general, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kuwait ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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