Middle East: Market for Machine-Tools For Working Stone, Ceramics, And Concrete 2024

Market Size for Machine-Tools For Working Stone, Ceramics, And Concrete in the Middle East

The Middle Eastern market for machine-tools for working stone, ceramics, and concrete declined to $X in 2022, shrinking by X% against the previous year. Overall, consumption faced a deep contraction. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Machine-Tools For Working Stone, Ceramics, And Concrete in the Middle East

In value terms, machine tools for working stone production shrank modestly to $X in 2022 estimated in export price. Over the period under review, production saw a deep downturn. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Machine-Tools For Working Stone, Ceramics, And Concrete

Exports in the Middle East

Machine tools for working stone exports skyrocketed to X units in 2022, with an increase of X% compared with 2021. Total exports indicated a strong 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, exports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, machine tools for working stone exports skyrocketed to $X in 2022. Total exports indicated a noticeable 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, exports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Turkey represented the main exporting country with an export of about X units, which reached X% of total exports. Israel (X units) ranks second in terms of the total exports with a X% share, followed by Iran (X%). The United Arab Emirates (X units) held a minor share of total exports.

Exports from Turkey increased at an average annual rate of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%), Iran (X%) and Israel (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. From 2012 to 2022, the share of Turkey, Iran and the United Arab Emirates increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest machine tools for working stone supplying countries in the Middle East were Turkey ($X), Israel ($X) and the United Arab Emirates ($X), with a combined X% share of total exports.

Among the main exporting countries, the United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, standing approx. at the previous year. Overall, the export price saw a drastic downturn. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Iran ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced a decline in the export price figures.

Imports of Machine-Tools For Working Stone, Ceramics, And Concrete

Imports in the Middle East

For the third consecutive year, the Middle East recorded growth in supplies from abroad of machine-tools for working stone, ceramics, and concrete, which increased by X% to X units in 2022. Total imports indicated a modest expansion 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 volume of import peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, machine tools for working stone imports surged to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X units) was the main importer of machine-tools for working stone, ceramics, and concrete, making up X% of total imports. Iran (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Oman (X%), the United Arab Emirates (X%) and Israel (X%). The following importers - Jordan (X units) and Syrian Arab Republic (X units) - each accounted for a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Oman (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constitutes the largest market for imported machine-tools for working stone, ceramics, and concrete in the Middle East, comprising X% of total imports. The second position in the ranking was held by Iran ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

In Turkey, machine tools for working stone imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Iran (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the import price recorded a slight curtailment. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The level of import peaked at $X per unit in 2019; however, from 2020 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 ($X per unit), while Oman ($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.

Source: IndexBox Platform

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