MENA: Non-Electric Motor Handtools Market 2024

Non-Electric Motor Handtools Market Size in MENA

In 2022, the MENA's non-electric motor handtools market decreased by X% to $X, falling for the second consecutive year after two years of growth. The total consumption indicated a temperate expansion 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, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Non-Electric Motor Handtools Production in MENA

In value terms, non-electric motor handtools production totaled $X in 2022 estimated in export price. Overall, production posted a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Non-Electric Motor Handtools Exports

Exports in MENA

Non-electric motor handtools exports soared to X units in 2022, surging by X% on the previous year. In general, exports showed a buoyant increase. The growth pace was the most rapid in 2019 with an increase of X%. The volume of export peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, non-electric motor handtools exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

Exports by Country

In 2022, the United Arab Emirates (X units) was the main exporter of handtools, hydraulic or with a self-contained non-electric motor, committing X% of total exports. Turkey (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Lebanon (X%) and Israel (X%). Tunisia (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest non-electric motor handtools supplying countries in MENA were the United Arab Emirates ($X), Turkey ($X) and Israel ($X), with a combined X% share of total exports.

Among the main exporting countries, Israel, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, falling by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per unit), while Tunisia ($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.

Non-Electric Motor Handtools Imports

Imports in MENA

In 2022, after three years of growth, there was significant decline in purchases abroad of handtools, hydraulic or with a self-contained non-electric motor, when their volume decreased by X% to X units. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of import peaked at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, non-electric motor handtools imports dropped slightly to $X in 2022. Over the period under review, imports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X units), Iraq (X units), Iran (X units), Lebanon (X units) and the United Arab Emirates (X units) was the key importer of handtools, hydraulic or with a self-contained non-electric motor in MENA, mixing up X% of total import. Algeria (X units), Morocco (X units), Libya (X units) and Israel (X units) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Lebanon (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constitutes the largest market for imported handtools, hydraulic or with a self-contained non-electric motor in MENA, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Iran, with a X% share.

From 2012 to 2022, 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: the United Arab Emirates (X% per year) and Iran (X% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per unit, rising by X% against the previous year. Overall, the import price, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per unit), while Iraq ($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 more modest paces of growth.

Source: IndexBox Platform

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