MENA: Market for Numerically Controlled Sharpening Machines For Working Metal 2024

Market Size for Numerically Controlled Sharpening Machines For Working Metal in MENA

The MENA's numerically controlled sharpening machine market soared to $X in 2022, jumping by X% against the previous year. In general, consumption, however, continues to indicate a slight curtailment. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Numerically Controlled Sharpening Machines For Working Metal in MENA

In value terms, numerically controlled sharpening machine production surged to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Numerically Controlled Sharpening Machines For Working Metal

Exports in MENA

In 2022, the amount of numerically controlled sharpening machines for working metal exported in MENA skyrocketed to X units, increasing by X% on the year before. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, numerically controlled sharpening machine exports surged to $X in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, Turkey (X units) represented the main exporter of numerically controlled sharpening machines for working metal, mixing up X% of total exports. The United Arab Emirates (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Oman (X%). Israel (X units) held a little share of total exports.

Turkey was also the fastest-growing in terms of the numerically controlled sharpening machines for working metal exports, with a CAGR of X% from 2012 to 2022. At the same time, Oman (X%), the United Arab Emirates (X%) and Israel (X%) displayed positive paces of growth. Turkey (X p.p.) and Oman (X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates and Israel saw its share reduced by X% and X% from 2012 to 2022, respectively.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: 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, growing by X% against the previous year. Overall, the export price saw a notable expansion. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

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 Turkey ($X per unit), while Oman ($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 more modest paces of growth.

Imports of Numerically Controlled Sharpening Machines For Working Metal

Imports in MENA

After three years of decline, supplies from abroad of numerically controlled sharpening machines for working metal increased by X% to X units in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, numerically controlled sharpening machine imports contracted to $X in 2022. Overall, imports posted a resilient increase. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Kuwait dominates imports structure, recording X units, which was near X% of total imports in 2022. It was distantly followed by Turkey (X units), achieving a X% share of total imports. The United Arab Emirates (X units) and Israel (X units) followed a long way behind the leaders.

Kuwait was also the fastest-growing in terms of the numerically controlled sharpening machines for working metal imports, with a CAGR of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%), Turkey (X%) and Israel (X%) displayed positive paces of growth. Kuwait (X p.p.) and the United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total imports, while Israel and Turkey saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Turkey ($X) constitutes the largest market for imported numerically controlled sharpening machines for working metal in MENA, comprising X% of total imports. The second position in the ranking was held by Israel ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

In Turkey, numerically controlled sharpening machine imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Israel (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per unit, declining by X% against the previous year. In general, the import price showed a deep slump. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The level of import peaked at $X per unit in 2021, and then dropped remarkably in the following year.

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 Turkey ($X per unit), while Kuwait ($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 import price figures.

Source: IndexBox Platform

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