Middle East: Stone Sawing Machine Market 2024

Stone Sawing Machine Market Size in the Middle East

The Middle Eastern stone sawing machine market reduced rapidly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption continues to indicate a perceptible descent. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Stone Sawing Machine Production in the Middle East

In value terms, stone sawing machine production dropped sharply to $X in 2022 estimated in export price. In general, production showed a mild downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Stone Sawing Machine Exports

Exports in the Middle East

In 2022, approx. X units of sawing machines for working stone, ceramics and concrete were exported in the Middle East; growing by X% on the year before. Total exports indicated a slight increase from 2012 to 2022: its volume 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, exports increased by X% against 2016 indices. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, stone sawing machine exports reached $X in 2022. Total exports indicated perceptible growth 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, exports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Turkey (X units) and Israel (X units) represented roughly X% of total exports in 2022. Iran (X units) took the next position in the ranking, distantly followed by the United Arab Emirates (X units) and Lebanon (X units). All these countries together held near X% share of total exports. Jordan (X units) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Turkey (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey amounted to X%. In the other countries, the average annual rates were as follows: Israel (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 unit, declining by X% against the previous year. Export price indicated a slight 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, stone sawing machine export price decreased by X% against 2020 indices. 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 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while Iran ($X per unit) 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.

Stone Sawing Machine Imports

Imports in the Middle East

In 2022, purchases abroad of sawing machines for working stone, ceramics and concrete decreased by X% to X units, falling for the second year in a row after two years of growth. Over the period under review, imports saw a drastic downturn. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, stone sawing machine imports rose significantly to $X in 2022. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the three major importers of sawing machines for working stone, ceramics and concrete, namely Oman, the United Arab Emirates and Israel, represented more than half of total import. Turkey (X units) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Iraq (X%). The following importers - Yemen (X units), Syrian Arab Republic (X units), Iran (X units), Kuwait (X units), Qatar (X units) and Palestine (X units) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Israel (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest stone sawing machine importing markets in the Middle East were Turkey ($X), Israel ($X) and Oman ($X), with a combined X% share of total imports. The United Arab Emirates, Iraq, Palestine, Syrian Arab Republic, Yemen, Kuwait, Iran and Qatar lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Yemen, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The import price in the Middle East stood at $X per unit in 2022, surging by X% against the previous year. Import price indicated modest growth 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, stone sawing machine import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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