MENA: Pile-Driver Market 2024

Pile-Driver Market Size in MENA

The MENA's pile-driver market shrank significantly to $X in 2022, waning by X% against the previous year. Overall, consumption showed a abrupt setback. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Pile-Driver Production in MENA

In value terms, pile-driver production expanded slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Pile-Driver Exports

Exports in MENA

In 2022, approx. X units of pile-drivers and pile-extractors were exported in MENA; surging by X% against the previous year. In general, exports showed moderate growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, pile-driver exports skyrocketed to $X in 2022. Overall, exports saw a strong expansion. The growth pace was the most rapid in 2013 with an increase of X%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

The United Arab Emirates (X units) and Turkey (X units) dominates exports structure, together constituting X% of total exports. Oman (X units) took a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Turkey (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

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

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 Oman (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, growing by X% against the previous year. Overall, the export price recorded a buoyant increase. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

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 ($X per unit), while the United Arab Emirates ($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 mixed trends in the export price figures.

Pile-Driver Imports

Imports in MENA

After two years of growth, supplies from abroad of pile-drivers and pile-extractors decreased by X% to X units in 2022. In general, imports recorded a perceptible downturn. The pace of growth appeared the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, pile-driver imports shrank notably to $X in 2022. Over the period under review, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X units) and Iraq (X units) represented roughly X% of total imports in 2022. Turkey (X units) took the next position in the ranking, followed by Kuwait (X units), Bahrain (X units) and Oman (X units). All these countries together took near X% share of total imports. Algeria (X units), Morocco (X units), Egypt (X units), Iran (X units), Israel (X units), Jordan (X units) and Tunisia (X units) took a minor share of total imports.

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

In value terms, the United Arab Emirates ($X), Turkey ($X) and Iraq ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Morocco, Oman, Egypt, Bahrain, Israel, Kuwait, Tunisia, Algeria, Iran and Jordan lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Algeria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the import price continues to indicate a mild setback. The pace of growth was the most pronounced in 2014 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2021, and then dropped significantly in the following year.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :