MENA: Steam Blasting Machine Market 2024

Steam Blasting Machine Market Size in MENA

The MENA's steam blasting machine market rose significantly to $X in 2023, increasing by X% against the previous year. Overall, consumption, however, showed a mild setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Steam Blasting Machine Production in MENA

In value terms, steam blasting machine production totaled $X in 2023 estimated in export price. In general, production, however, continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2023, production stood at a somewhat lower figure.

Steam Blasting Machine Exports

Exports in MENA

Steam blasting machine exports soared to X units in 2023, jumping by X% compared with 2022. Total exports indicated temperate growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked in 2023 and is likely to see steady growth in years to come.

In value terms, steam blasting machine exports reached $X in 2023. Overall, exports showed a buoyant increase. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2023 and are likely to see gradual growth in the immediate term.

Exports by Country

Turkey represented the key exporting country with an export of about X units, which recorded X% of total exports. It was distantly followed by the United Arab Emirates (X units) and Israel (X units), together making up a X% share of total exports. Oman (X units) held a little share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Oman (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

From 2012 to 2023, the average annual rate of growth in terms of value in Turkey stood at 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

In 2023, the export price in MENA amounted to $X per unit, with a decrease of X% against the previous year. Export price indicated prominent growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, steam blasting machine export price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The level of export peaked at $X per unit in 2020; however, from 2021 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, 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 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced mixed trends in the export price figures.

Steam Blasting Machine Imports

Imports in MENA

After three years of growth, supplies from abroad of steam or sand blasting machines and similar jet-projecting machines decreased by X% to X units in 2023. Over the period under review, imports continue to indicate a mild decrease. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of X units. From 2014 to 2023, the growth of imports remained at a lower figure.

In value terms, steam blasting machine imports expanded remarkably to $X in 2023. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2023, the growth of imports failed to regain momentum.

Imports by Country

The United Arab Emirates represented the largest importer of steam or sand blasting machines and similar jet-projecting machines in MENA, with the volume of imports accounting for X units, which was near X% of total imports in 2023. Turkey (X units) held the second position in the ranking, followed by Iraq (X units), Algeria (X units), Israel (X units), Qatar (X units) and Iran (X units). All these countries together took approx. X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to steam blasting machine imports into the United Arab Emirates stood at X%. At the same time, Qatar (X%), Algeria (X%) and Iraq (X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2023. Israel experienced a relatively flat trend pattern. By contrast, Iran (X%) and Turkey (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the United Arab Emirates, Algeria, Iraq and Qatar increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest steam blasting machine importing markets in MENA were Turkey ($X), the United Arab Emirates ($X) and Israel ($X), together comprising X% of total imports. Iraq, Algeria, Qatar and Iran lagged somewhat behind, together accounting for a further X%.

Qatar, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in MENA amounted to $X per unit, picking up by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2015 when the import price increased by X%. The level of import peaked at $X per unit in 2017; however, from 2018 to 2023, import prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform