Middle East: Self-Propelled Industrial Truck Market 2020

Self-Propelled Industrial Truck Market Size in Middle East

The revenue of the self-propelled industrial truck market in Middle East amounted to $X in 2017, surging by X% against the previous year. The total market indicated a remarkable increase from 2007 to 2017: its value 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 self-propelled industrial truck consumption increased by +X% against 2007 indices. The pace of growth was the most pronounced in 2011, when market value increased by X% y-o-y. The level of self-propelled industrial truck consumption peaked in 2017, and is expected to retain its growth in the near future.

Self-Propelled Industrial Truck Production in Middle East

In 2017, the amount of self-propelled industrial works trucks produced in Middle East totaled X units, rising by X% against the previous year. The self-propelled industrial truck production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when it surged by X% y-o-y. The volume of self-propelled industrial truck production peaked in 2017, and is likely to see steady growth in the immediate term.

Self-Propelled Industrial Truck Exports in Middle East

In 2017, the amount of self-propelled industrial works trucks exported in Middle East amounted to X units, coming up by X% against the previous year. The self-propelled industrial truck exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2017, with an increase of X% against the previous year. In that year, the self-propelled industrial truck exports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, self-propelled industrial truck exports stood at $X in 2017. The self-propelled industrial truck exports continue to indicate a prominent increase. In that year, the self-propelled industrial truck exports reached their peak level, and are likely to continue its growth in the immediate term.

Self-Propelled Industrial Truck Exports by Country in Middle East

The United Arab Emirates was the key exporter of self-propelled industrial works trucks in Middle East, with the volume of exports recording X units, which was approx. X% of total exports in 2017. Israel (X units) took the second position in the ranking, followed by Turkey (X units) and Iran (X units). All these countries together held near X% share of total exports. Saudi Arabia (X units), Kuwait (X units) and Qatar (X units) followed a long way behind the leaders.

The United Arab Emirates was also the fastest growing in terms of the self-propelled industrial works trucks exports, with a CAGR of +X% from 2007 to 2017. At the same time, Qatar (+X%), Iran (+X%), Kuwait (+X%), Israel (+X%) and Turkey (+X%) displayed positive paces of growth. By contrast, Saudi Arabia (-X%) illustrated a downward trend over the same period. Saudi Arabia (X%) significantly strengthened its position in terms of the global exports, while Kuwait, Turkey, Iran, Israel and the United Arab Emirates saw its share reduced by -X%, -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest self-propelled industrial truck supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by Israel ($X), with a X% share of global exports. It was followed by Turkey, with a X% share.

In the United Arab Emirates, self-propelled industrial truck exports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Israel (+X% per year) and Turkey (+X% per year).

Self-Propelled Industrial Truck Export Prices by Country in Middle East

The self-propelled industrial truck export price in Middle East stood at $X thousand per unit in 2017, increasing by X% against the previous year. The export price indicated a prominent expansion from 2007 to 2017: its price 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 self-propelled industrial truck export price increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2008, when the export prices increased by X% year-to-year. Over the period under review, the export prices for self-propelled industrial works trucks reached its peak figure level in 2017, and is likely to continue its growth in the near future.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Israel ($X thousand per unit), while Iran ($X thousand per unit) 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 more modest paces of growth.

Self-Propelled Industrial Truck Imports in Middle East

In 2017, imports of self-propelled industrial works trucks in Middle East totaled X units, lowering by -X% against the previous year. The self-propelled industrial truck imports continue to indicate a measured decline. The pace of growth appeared the most rapid in 2011, when it surged by X% against the previous year. Over the period under review, the self-propelled industrial truck imports attained its peak figure volume of X units in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, self-propelled industrial truck imports totaled $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. Over the period under review, the self-propelled industrial truck imports attained its maximum level in 2017, and are expected to retain its growth in the near future.

Self-Propelled Industrial Truck Imports by Country in Middle East

In 2017, Israel (X units) represented the largest importer for self-propelled industrial works trucks, mixed up X% of total imports. Saudi Arabia (X units) ranks second in terms of the global imports with a X% share, followed by the United Arab Emirates (X%), Kuwait (X%), Turkey (X%), Qatar (X%) and Oman (X%).

Imports into Israel decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Oman (+X%), Kuwait (+X%), the United Arab Emirates (+X%), Turkey (+X%) and Saudi Arabia (+X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. Qatar experienced a relatively flat trend pattern. While the share of Israel (X%) increased significantly in terms of the global imports from 2007-2017, the share of Turkey (-X%), Oman (-X%), the United Arab Emirates (-X%), Kuwait (-X%) and Saudi Arabia (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest self-propelled industrial truck markets worldwide were Saudi Arabia ($X), the United Arab Emirates ($X) and Turkey ($X), with a combined X% share of total imports.

Among the main importing countries , the United Arab Emirates (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Self-Propelled Industrial Truck Import Prices by Country in Middle East

The self-propelled industrial truck import price in Middle East stood at $X thousand per unit in 2017, picking up by X% against the previous year. The self-propelled industrial truck import price continues to indicate a remarkable growth. The pace of growth was the most pronounced in 2017, when the import prices increased by X% y-o-y. In that year, the import prices for self-propelled industrial works trucks attained their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Turkey ($X thousand per unit), while Israel ($X thousand per unit) 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 more modest paces of growth.

Source: IndexBox Platform