Middle East: Gouges And Chisels Market 2024

Gouges And Chisels Market Size in the Middle East

The Middle Eastern gouges and chisels market reduced to $X in 2022, waning by X% against the previous year. Over the period under review, consumption recorded a noticeable curtailment. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Gouges And Chisels Production in the Middle East

In value terms, gouges and chisels production fell to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable curtailment. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Gouges And Chisels Exports

Exports in the Middle East

After two years of decline, shipments abroad of planes, chisels and gouges for working wood increased by X% to X tons in 2022. In general, exports recorded modest growth. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, gouges and chisels exports surged to $X in 2022. Overall, exports, however, saw a deep slump. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates prevails in exports structure, reaching X tons, which was near X% of total exports in 2022. It was distantly followed by Turkey (X tons), making up a X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the planes, chisels and gouges for working wood exports, with a CAGR of X% from 2012 to 2022. Turkey experienced a relatively flat trend pattern. While the share of the United Arab Emirates (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates stood at X%.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, waning by X% against the previous year. In general, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates stood at $X per ton.

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

Gouges And Chisels Imports

Imports in the Middle East

In 2022, after two years of decline, there was significant growth in overseas purchases of planes, chisels and gouges for working wood, when their volume increased by X% to X tons. Over the period under review, imports, however, continue to indicate a perceptible slump. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, gouges and chisels imports surged to $X in 2022. Overall, imports, however, showed a pronounced downturn. 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

The United Arab Emirates was the major importer of planes, chisels and gouges for working wood in the Middle East, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. Qatar (X tons) ranks second in terms of the total imports with a X% share, followed by Iraq (X%). Yemen (X tons), Oman (X tons), Turkey (X tons) and Iran (X tons) took a little 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%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported planes, chisels and gouges for working wood in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Iraq ($X), with a X% share of total imports. It was followed by Qatar, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates stood at X%. In the other countries, the average annual rates were as follows: Iraq (X% per year) and Qatar (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, falling by X% against the previous year. Overall, the import price showed a mild curtailment. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, 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 ($X per ton), while Qatar ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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