Middle East: Metallurgy-Used Converter Market 2020

Metallurgy-Used Converter Market Size in Middle East

The revenue of the metallurgy-used converter market in Middle East amounted to $X in 2017, growing by X% against the previous year. The metallurgy-used converter consumption continues to indicate a skyrocketing expansion. The pace of growth appeared the most rapid in 2017, when market value increased by X% y-o-y. In that year, the metallurgy-used converter market attained their peak level, and is likely to continue its growth in the immediate term.

Metallurgy-Used Converter Production in Middle East

In 2017, the amount of metallurgy-used converters, ladles, ingot moulds and casting machines produced in Middle East stood at X units, picking up by X% against the previous year. The total output indicated a remarkable expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metallurgy-used converter production decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2014, when it surged by X% against the previous year. In that year, the metallurgy-used converter production reached their peak volume of X units. From 2015 to 2017, growth of the metallurgy-used converter production failed to regain its momentum.

Metallurgy-Used Converter Exports in Middle East

In 2017, approx. X units of metallurgy-used converters, ladles, ingot moulds and casting machines were exported in Middle East; going up by X% against the previous year. The metallurgy-used converter exports continue to indicate a mild shrinkage. The growth pace was the most rapid in 2014, when exports increased by X% year-to-year. In that year, the metallurgy-used converter exports attained their peak volume of X units. From 2015 to 2017, growth of the metallurgy-used converter exports failed to regain its momentum.

In value terms, metallurgy-used converter exports stood at $X in 2017. The metallurgy-used converter exports continue to indicate a drastic downturn. Over the period under review, the metallurgy-used converter exports reached its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Metallurgy-Used Converter Exports by Country in Middle East

Bahrain (X units) and Jordan (X units) dominates metallurgy-used converter exports structure, together creating X% of total exports. It was distantly followed by Saudi Arabia (X units), generating X% share of total exports. Turkey (X units) held the minor share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Bahrain (+X% per year), while the other leaders experienced mixed trends in the exports figures.

In value terms, Turkey ($X) remains the largest metallurgy-used converter supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by Bahrain ($X), with a X% share of global exports. It was followed by Saudi Arabia, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Turkey stood at -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Bahrain (+X% per year) and Saudi Arabia (-X% per year).

Metallurgy-Used Converter Export Prices by Country in Middle East

The metallurgy-used converter export price in Middle East stood at $X per unit in 2017, picking up by X% against the previous year. The metallurgy-used converter export price continues to indicate an abrupt slump. The growth pace was the most rapid in 2013, when the export prices increased by X% against the previous year. Over the period under review, the export prices for metallurgy-used converters, ladles, ingot moulds and casting machines reached its maximum level of $X thousand per unit in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Turkey ($X thousand per unit), while Jordan ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Saudi Arabia (+X% per year), while the other leaders experienced a decline in the export price figures.

Metallurgy-Used Converter Imports in Middle East

The imports totaled X units in 2017, rising by X% against the previous year. The metallurgy-used converter imports continue to indicate a slight deduction. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. Over the period under review, the metallurgy-used converter imports attained its maximum volume of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, metallurgy-used converter imports stood at $X in 2017. The metallurgy-used converter imports continue to indicate a drastic slump. The level of imports peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Metallurgy-Used Converter Imports by Country in Middle East

Jordan was the main importing country with an import of around X units, which accounted for X% of total imports. Iran (X units) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Israel (X%). The following importers - Turkey (X units), Palestine (X units), Kuwait (X units) and the United Arab Emirates (X units) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to metallurgy-used converter imports into Jordan stood at -X%. At the same time, Palestine (+X%), Iran (+X%), Kuwait (+X%), Turkey (+X%) and Israel (+X%) displayed positive paces of growth. Moreover, Palestine emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. By contrast, the United Arab Emirates (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Jordan and the United Arab Emirates increased by X% and X% percentage points, while Kuwait (-X%), Palestine (-X%), Israel (-X%) and Iran (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest metallurgy-used converter markets worldwide were Turkey ($X), Iran ($X) and the United Arab Emirates ($X), with a combined X% share of total imports. Israel, Jordan, Kuwait and Palestine lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries , Israel (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced mixed trends in the imports figures.

Metallurgy-Used Converter Import Prices by Country in Middle East

In 2017, the metallurgy-used converter import price in Middle East amounted to $X per unit, coming down by -X% against the previous year. The metallurgy-used converter import price continues to indicate an abrupt contraction. The pace of growth was the most pronounced in 2015, an increase of X% year-to-year. In that year, the import prices for metallurgy-used converters, ladles, ingot moulds and casting machines attained their peak level of $X thousand per unit. From 2016 to 2017, growth of the import prices for metallurgy-used converters, ladles, ingot moulds and casting machines failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Turkey ($X thousand per unit), while Jordan ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform