Middle East: Mattocks And Rakes Market 2024

Mattocks And Rakes Market Size in the Middle East

In 2022, the Middle Eastern mattocks and rakes market increased by X% to $X, rising for the second consecutive year after two years of decline. The total consumption indicated a measured 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, consumption increased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Mattocks And Rakes Production in the Middle East

In value terms, mattocks and rakes production reduced dramatically to $X in 2022 estimated in export price. Overall, production, however, enjoyed strong growth. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Mattocks And Rakes Exports

Exports in the Middle East

In 2022, approx. X tons of mattocks, picks, hoes and rakes were exported in the Middle East; falling by X% compared with the previous year's figure. Over the period under review, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, mattocks and rakes exports declined significantly to $X in 2022. In general, exports showed a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then shrank significantly in the following year.

Exports by Country

Palestine represented the largest exporter of mattocks, picks, hoes and rakes in the Middle East, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2022. It was distantly followed by Turkey (X tons) and the United Arab Emirates (X tons), together generating a X% share of total exports. Jordan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Palestine (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Palestine ($X) emerged as the largest mattocks and rakes supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

In Palestine, mattocks and rakes 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: Turkey (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, which is down by X% against the previous year. Export price indicated a modest expansion from 2012 to 2022: its price 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, mattocks and rakes export price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2020; however, from 2021 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 Jordan ($X per ton), while the United Arab Emirates ($X per ton) 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.

Mattocks And Rakes Imports

Imports in the Middle East

In 2022, overseas purchases of mattocks, picks, hoes and rakes decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, mattocks and rakes imports fell to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Palestine (X tons), the United Arab Emirates (X tons) and Iraq (X tons) was the largest importer of mattocks, picks, hoes and rakes in the Middle East, generating X% of total import. Israel (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Turkey (X%). The following importers - Kuwait (X tons) and Oman (X tons) - each resulted at an X% share of total imports.

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

In value terms, the largest mattocks and rakes importing markets in the Middle East were Palestine ($X), Iraq ($X) and Israel ($X), with a combined X% share of total imports.

Among the main importing countries, Iraq, with a CAGR of X%, recorded 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

In 2022, the import price in the Middle East amounted to $X per ton, remaining relatively unchanged against the previous year. Import price indicated a resilient increase from 2012 to 2022: its price 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, mattocks and rakes import price increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. Over the period under review, import prices reached the peak figure in 2022 and is likely to continue growth in the near future.

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 ($X per ton), while Oman ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform