Middle East: Sugar-Manufacturing Industrial Machinery Market 2024

Sugar-Manufacturing Industrial Machinery Market Size in the Middle East

In 2022, the Middle Eastern sugar-manufacturing industrial machinery market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, continues to indicate a abrupt slump. As a result, consumption attained the peak level of $X.6B. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Sugar-Manufacturing Industrial Machinery Production in the Middle East

In value terms, sugar-manufacturing industrial machinery production reached $X in 2022 estimated in export price. Overall, production, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, production attained the peak level of $X.8B. From 2015 to 2022, production growth remained at a lower figure.

Sugar-Manufacturing Industrial Machinery Exports

Exports in the Middle East

In 2022, overseas shipments of industrial machinery for the manufacture or preparation of sugar decreased by X% to X units, falling for the second consecutive year after two years of growth. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The volume of export peaked at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, sugar-manufacturing industrial machinery exports dropped notably to $X in 2022. Overall, exports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey was the major exporting country with an export of about X units, which amounted to X% of total exports. It was distantly followed by the United Arab Emirates (X units), Lebanon (X units) and Syrian Arab Republic (X units), together mixing up a X% share of total exports. Oman (X units), Iran (X units) and Jordan (X units) took a little share of total exports.

Turkey experienced a relatively flat trend pattern with regard to volume of exports of industrial machinery for the manufacture or preparation of sugar. At the same time, the United Arab Emirates (X%), Oman (X%) and Syrian Arab Republic (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, Lebanon (X%), Jordan (X%) and Iran (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.) and Oman (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Jordan (X p.p.), Iran (X p.p.), Turkey (X p.p.) and Lebanon (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Turkey, sugar-manufacturing industrial machinery exports plunged by 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 Iran (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per unit, shrinking by X% against the previous year. In general, the export price showed a perceptible reduction. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: 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 Oman (X%), while the other leaders experienced more modest paces of growth.

Sugar-Manufacturing Industrial Machinery Imports

Imports in the Middle East

In 2022, imports of industrial machinery for the manufacture or preparation of sugar in the Middle East surged to X units, increasing by X% on the previous year's figure. Overall, imports, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, sugar-manufacturing industrial machinery imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Oman was the largest importer of industrial machinery for the manufacture or preparation of sugar in the Middle East, with the volume of imports recording X units, which was approx. X% of total imports in 2022. Iran (X units) ranks second in terms of the total imports with a X% share, followed by Kuwait (X%) and Turkey (X%). Qatar (X units) and Syrian Arab Republic (X units) held a relatively small share of total imports.

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

In value terms, Kuwait ($X), Iran ($X) and Oman ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

In terms of the main importing countries, Kuwait, with a CAGR of X%, saw the highest growth rate of 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 the Middle East stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, posted strong growth. The growth pace was the most rapid in 2018 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the import prices remained 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 Kuwait ($X per unit), while Qatar ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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