Middle East: Reel Cutting Slitter Market 2024

Reel Cutting Slitter Market Size in the Middle East

The Middle Eastern reel cutting slitter market fell to $X in 2022, declining by X% against the previous year. Overall, consumption, however, recorded a significant expansion. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Reel Cutting Slitter Production in the Middle East

In value terms, reel cutting slitter production declined modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a significant expansion. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Reel Cutting Slitter Exports

Exports in the Middle East

In 2022, after two years of decline, there was significant growth in shipments abroad of combined reel slitting and re-reeling cutting machines for paper and paperboard, when their volume increased by X% to X units. In general, exports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The volume of export peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, reel cutting slitter exports surged to $X in 2022. Over the period under review, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey represented the key exporting country with an export of about X units, which reached X% of total exports. The United Arab Emirates (X units) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Jordan (X%) and Israel (X%). Lebanon (X units) followed a long way behind the leaders.

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

In value terms, Turkey ($X) remains the largest reel cutting slitter supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Israel, with an X% share.

In Turkey, reel cutting slitter exports expanded at an average annual rate of X% over the period from 2012-2022. 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 the Middle East stood at $X per unit in 2022, increasing by X% against the previous year. Export price indicated a moderate expansion from 2012 to 2022: its price 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, reel cutting slitter export price increased by X% against 2017 indices. The pace of growth was the most pronounced in 2020 when the export price increased by X%. Over the period under review, the export prices hit record highs in 2022 and is likely to continue 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 Israel ($X per unit), while Lebanon ($X per unit) was amongst the lowest.

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

Reel Cutting Slitter Imports

Imports in the Middle East

In 2022, imports of combined reel slitting and re-reeling cutting machines for paper and paperboard in the Middle East soared to X units, rising by X% on the previous year's figure. Total imports indicated a prominent increase from 2012 to 2022: its volume 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, reel cutting slitter imports expanded remarkably to $X in 2022. Total imports indicated a measured increase 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Turkey was the largest importing country with an import of around X units, which reached X% of total imports. The United Arab Emirates (X units) ranks second in terms of the total imports with a X% share, followed by Iran (X%), Kuwait (X%) and Qatar (X%). Israel (X units) and Oman (X units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to reel cutting slitter imports into Turkey stood at X%. At the same time, Kuwait (X%), Iran (X%), the United Arab Emirates (X%), Oman (X%), Israel (X%) and Qatar (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. Kuwait (X p.p.), Turkey (X p.p.), Iran (X p.p.) and the United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total imports, while Qatar saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported combined reel slitting and re-reeling cutting machines for paper and paperboard in the Middle East, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Iran, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Turkey stood at X%. 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 the Middle East amounted to $X per unit, dropping by X% against the previous year. In general, the import price saw a pronounced downturn. The growth pace was the most rapid in 2014 when the import price increased by X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Israel ($X per unit), while Qatar ($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 a decline in the import price figures.

Source: IndexBox Platform

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