MENA: Electroplating Machine Market 2024

Electroplating Machine Market Size in MENA

After two years of growth, the MENA's electroplating machine market decreased by X% to $X in 2022. Over the period under review, consumption, however, continues to indicate a perceptible setback. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Electroplating Machine Production in MENA

In value terms, electroplating machine production expanded notably to $X in 2022 estimated in export price. Overall, production, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Electroplating Machine Exports

Exports in MENA

In 2022, the amount of machines for electroplating, electrolysis or electrophoresis exported in MENA declined to X units, which is down by X% on the previous year. Over the period under review, exports faced a abrupt slump. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, electroplating machine exports expanded significantly to $X in 2022. Overall, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey represented the major exporting country with an export of around X units, which amounted to X% of total exports. It was distantly followed by the United Arab Emirates (X units), committing a X% share of total exports. Israel (X units) and Saudi Arabia (X units) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to electroplating machine exports from Turkey stood at X%. At the same time, Saudi Arabia (X%) and Israel (X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. By contrast, the United Arab Emirates (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Turkey, Israel and Saudi Arabia increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest electroplating machine supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Israel, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Turkey totaled X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Israel (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 posted mild growth. The growth pace was the most rapid in 2013 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (X%), while the other leaders experienced mixed trends in the export price figures.

Electroplating Machine Imports

Imports in MENA

After two years of growth, supplies from abroad of machines for electroplating, electrolysis or electrophoresis decreased by X% to X units in 2022. Overall, imports continue to indicate a mild contraction. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, electroplating machine imports contracted dramatically to $X in 2022. In general, imports recorded a abrupt shrinkage. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Turkey was the main importing country with an import of about X units, which finished at X% of total imports. The United Arab Emirates (X units) held the second position in the ranking, distantly followed by Morocco (X units), Egypt (X units) and Iran (X units). All these countries together held approx. X% share of total imports. The following importers - Qatar (X units), Israel (X units), Libya (X units), Tunisia (X units) and Bahrain (X units) - together made up X% of total imports.

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

In value terms, Turkey ($X) constitutes the largest market for imported machines for electroplating, electrolysis or electrophoresis in MENA, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Morocco, with a X% share.

In Turkey, electroplating machine imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Morocco (X% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price, however, showed a deep downturn. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per unit), while Libya ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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