Middle East: Printing Press Market 2024

Printing Press Market Size in the Middle East

The Middle Eastern printing press market fell sharply to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, continues to indicate a notable increase. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Printing Press Production in the Middle East

In value terms, printing press production contracted notably to $X in 2022 estimated in export price. Over the period under review, production, however, showed a strong expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Printing Press Exports

Exports in the Middle East

In 2022, printing press exports in the Middle East expanded notably to X units, growing by X% compared with the previous year. Overall, exports enjoyed perceptible growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, printing press exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Israel (X units) represented the main exporter of printing presses, achieving X% of total exports. It was distantly followed by Turkey (X units), constituting a X% share of total exports. The following exporters - Bahrain (X units) and the United Arab Emirates (X units) - each reached a X% share of total exports.

Exports from Israel increased at an average annual rate of X% from 2012 to 2022. At the same time, Bahrain (X%), Turkey (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. Turkey (X p.p.), Bahrain (X p.p.) and the United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Israel saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Israel ($X) remains the largest printing press supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with an X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

In Israel, printing press exports plunged by 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

The export price in the Middle East stood at $X per unit in 2022, rising by X% against the previous year. In general, the export price, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of export peaked at $X per unit in 2013; however, from 2014 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 Israel ($X per unit), while Bahrain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (X%), while the other leaders experienced a decline in the export price figures.

Printing Press Imports

Imports in the Middle East

In 2022, after three years of decline, there was significant growth in supplies from abroad of printing presses, when their volume increased by X% to X units. Over the period under review, imports, however, saw a slight shrinkage. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, printing press imports rose modestly to $X in 2022. In general, imports, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates represented the major importing country with an import of around X units, which accounted for X% of total imports. Kuwait (X units) ranks second in terms of the total imports with a X% share, followed by Israel (X%), Qatar (X%) and Turkey (X%). Bahrain (X units) and Jordan (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to printing press imports into the United Arab Emirates stood at X%. At the same time, Kuwait (X%), Israel (X%), Bahrain (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Jordan (X%) and Qatar (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates, Kuwait, Israel, Bahrain and Turkey increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported printing presses in the Middle East, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Israel, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey was relatively modest. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Israel (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, declining by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2021, and then dropped notably in the following year.

Prices varied noticeably by country of destination: 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 Qatar (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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