Middle East: Hydraulic Automatic Regulators Market 2024

Hydraulic Automatic Regulators Market Size in the Middle East

The Middle Eastern hydraulic automatic regulators market totaled $X in 2022, standing approx. at the previous year. Over the period under review, consumption continues to indicate resilient growth. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Hydraulic Automatic Regulators Production in the Middle East

In value terms, hydraulic automatic regulators production reached $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Hydraulic Automatic Regulators Exports

Exports in the Middle East

Hydraulic automatic regulators exports contracted modestly to X units in 2022, remaining constant against the previous year's figure. Overall, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of X units, and then fell in the following year.

In value terms, hydraulic automatic regulators exports soared to $X in 2022. In general, exports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 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 represented the key exporting country with an export of about X units, which recorded X% of total exports. Turkey (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Israel (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the United Arab Emirates (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, the United Arab Emirates ($X) remains the largest hydraulic automatic regulators supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Israel ($X), with a X% share of total exports.

In the United Arab Emirates, hydraulic automatic regulators exports 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 Turkey (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per unit, jumping by X% against the previous year. In general, the export price posted a strong expansion. The pace of growth appeared the most rapid in 2016 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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 the United Arab Emirates ($X per unit), while Turkey ($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.

Hydraulic Automatic Regulators Imports

Imports in the Middle East

In 2022, overseas purchases of hydraulic or pneumatic automatic regulating instruments increased by X% to X units, rising for the second year in a row after two years of decline. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, hydraulic automatic regulators imports rose notably to $X in 2022. Total imports indicated resilient growth 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 2020 indices. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X units) and the United Arab Emirates (X units) represented the main importers of hydraulic or pneumatic automatic regulating instruments in the Middle East, together finishing at approx. X% of total imports. It was distantly followed by Iran (X units), comprising a X% share of total imports. Bahrain (X units), Iraq (X units) and Qatar (X units) followed a long way behind the leaders.

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

In value terms, Turkey ($X) constitutes the largest market for imported hydraulic or pneumatic automatic regulating instruments in the Middle East, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Qatar, with a X% share.

In Turkey, hydraulic automatic regulators imports expanded 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 Qatar (X% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per unit, rising by X% against the previous year. Overall, the import price enjoyed strong growth. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The level of import peaked at $X per unit in 2016; however, from 2017 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 Qatar ($X per unit), while Iran ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :