Middle East: Hide Preparing Machinery Market 2024

Hide Preparing Machinery Market Size in the Middle East

After two years of growth, the Middle Eastern hide preparing machinery market decreased by X% to $X in 2022. Over the period under review, consumption, however, showed a deep contraction. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Hide Preparing Machinery Production in the Middle East

In value terms, hide preparing machinery production contracted significantly to $X in 2022 estimated in export price. In general, production, however, recorded a strong expansion. The growth pace was the most rapid in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

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

Hide Preparing Machinery Exports

Exports in the Middle East

In 2022, shipments abroad of machinery for preparing, tanning or working hides, skins or leather increased by X% to X units, rising for the second consecutive year after three years of decline. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, hide preparing machinery exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a mild reduction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Turkey prevails in exports structure, accounting for X units, which was near X% of total exports in 2022. It was distantly followed by the United Arab Emirates (X units), achieving a X% share of total exports.

Turkey experienced a relatively flat trend pattern with regard to volume of exports of machinery for preparing, tanning or working hides, skins or leather. At the same time, the United Arab Emirates (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. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Turkey, hide preparing machinery exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, remaining constant against the previous year. In general, the export price recorded a mild downturn. The pace of growth appeared the most rapid in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2019; however, from 2020 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 Turkey ($X per unit), while the United Arab Emirates amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%).

Hide Preparing Machinery Imports

Imports in the Middle East

In 2022, purchases abroad of machinery for preparing, tanning or working hides, skins or leather increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports, however, saw a relatively flat trend pattern. 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, hide preparing machinery imports soared to $X in 2022. Overall, imports, however, saw a pronounced curtailment. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Bahrain (X units) was the major importer of machinery for preparing, tanning or working hides, skins or leather, making up X% of total imports. Turkey (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Iran (X%), the United Arab Emirates (X%) and Qatar (X%). The following importers - Iraq (X units) and Jordan (X units) - each amounted to an X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Qatar (with a CAGR of X.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constitutes the largest market for imported machinery for preparing, tanning or working hides, skins or leather in the Middle East, comprising X% of total imports. The second position in the ranking was held by Iran ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

In Turkey, hide preparing machinery imports shrank by 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

In 2022, the import price in the Middle East amounted to $X per unit, reducing by X% against the previous year. In general, the import price saw a slight downturn. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the 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 ($X per unit), while Bahrain ($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 more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :