Middle East: Mobile Lifting Frame Market 2024

Mobile Lifting Frame Market Size in the Middle East

The Middle Eastern mobile lifting frame market soared to $X in 2022, growing by X% against the previous year. In general, consumption enjoyed a strong expansion. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Mobile Lifting Frame Production in the Middle East

In value terms, mobile lifting frame production soared to $X in 2022 estimated in export price. In general, production enjoyed a prominent increase. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Mobile Lifting Frame Exports

Exports in the Middle East

In 2022, after four years of growth, there was significant decline in shipments abroad of mobile lifting frames on tyres and straddle carriers, when their volume decreased by X% to X units. In general, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, mobile lifting frame exports shrank to $X in 2022. Over the period under review, exports showed a deep reduction. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units) and Kuwait (X units) were the key exporters of mobile lifting frames on tyres and straddle carriers in 2022, accounting for approx. X% and X% of total exports, respectively. It was distantly followed by Turkey (X units) and Bahrain (X units), together committing a X% share of total exports. Oman (X units) followed a long way behind the leaders.

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

In value terms, the largest mobile lifting frame supplying countries in the Middle East were the United Arab Emirates ($X), Kuwait ($X) and Turkey ($X), together comprising X% of total exports. Bahrain and Oman lagged somewhat behind, together comprising a further X%.

Bahrain, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per unit, increasing by X% against the previous year. Overall, the export price continues to indicate a noticeable expansion. The pace of growth was the most pronounced in 2016 when the export price increased by X%. The level of export peaked at $X per unit in 2018; however, 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 Oman ($X per unit), while Kuwait ($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.

Mobile Lifting Frame Imports

Imports in the Middle East

Mobile lifting frame imports soared to X units in 2022, with an increase of X% compared with the previous year's figure. Overall, imports recorded a measured expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of import peaked at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, mobile lifting frame imports surged to $X in 2022. Over the period under review, imports, however, showed a slight curtailment. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X units) was the major importer of mobile lifting frames on tyres and straddle carriers, committing X% of total imports. Iran (X units) ranks second in terms of the total imports with a X% share, followed by Kuwait (X%) and Israel (X%). Yemen (X units) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to mobile lifting frame imports into the United Arab Emirates stood at X%. At the same time, Israel (X%) and Iran (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Yemen (X%) and Kuwait (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.), Kuwait (X p.p.), Israel (X p.p.) and Iran (X p.p.) significantly strengthened its position in terms of the total imports, while Yemen saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest mobile lifting frame importing markets in the Middle East were the United Arab Emirates ($X), Israel ($X) and Iran ($X), together comprising X% of total imports.

Israel, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries 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 unit, falling by X% against the previous year. In general, the import price saw a perceptible reduction. The pace of growth appeared the most rapid in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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