Middle East: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Market Size in the Middle East

The Middle Eastern confectionery-making industrial machinery market reduced to $X.4B in 2022, which is down by X% against the previous year. Overall, consumption showed a abrupt setback. The level of consumption peaked at $X.2B in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Confectionery-Making Industrial Machinery Production in the Middle East

In value terms, confectionery-making industrial machinery production declined to $X.7B in 2022 estimated in export price. In general, production faced a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X.5B in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Confectionery-Making Industrial Machinery Exports

Exports in the Middle East

Confectionery-making industrial machinery exports stood at X units in 2022, with an increase of X% on 2021 figures. Over the period under review, exports continue to indicate strong growth. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, confectionery-making industrial machinery exports rose remarkably to $X in 2022. Overall, 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 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey dominates exports structure, amounting to X units, which was approx. X% of total exports in 2022. It was distantly followed by Lebanon (X units), mixing up a X% share of total exports. The following exporters - the United Arab Emirates (X units) and Jordan (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to confectionery-making industrial machinery exports from Turkey stood at X%. At the same time, the United Arab Emirates (X%), Lebanon (X%) and Jordan (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. While the share of Turkey (X p.p.) and the United Arab Emirates (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Jordan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest confectionery-making industrial machinery supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Lebanon, with a X% share.

From 2012 to 2022, 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 Lebanon (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a 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 Turkey ($X per unit), while Jordan ($X per unit) was amongst the lowest.

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

Confectionery-Making Industrial Machinery Imports

Imports in the Middle East

After two years of growth, purchases abroad of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate decreased by X% to X units in 2022. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X units, and then reduced slightly in the following year.

In value terms, confectionery-making industrial machinery imports declined to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Iran (X units) and Turkey (X units) represented roughly X% of total imports in 2022. It was distantly followed by the United Arab Emirates (X units), Oman (X units), Iraq (X units), Lebanon (X units), Israel (X units), Kuwait (X units) and Qatar (X units), together mixing up a X% share of total imports.

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

In value terms, the largest confectionery-making industrial machinery importing markets in the Middle East were Turkey ($X), Iran ($X) and Israel ($X), together accounting for X% of total imports. The United Arab Emirates, Kuwait, Iraq, Lebanon, Oman and Qatar lagged somewhat behind, together comprising a further X%.

Iraq, 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

The import price in the Middle East stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the import price recorded a perceptible descent. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a 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 Turkey ($X per unit), while Qatar ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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