Middle East: Steam Blasting Machine Market 2024

Steam Blasting Machine Market Size in the Middle East

The Middle Eastern steam blasting machine market rose slightly to $X in 2023, surging by X% against the previous year. Overall, consumption, however, continues to indicate a mild slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Steam Blasting Machine Production in the Middle East

In value terms, steam blasting machine production expanded remarkably to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2023, production failed to regain momentum.

Steam Blasting Machine Exports

Exports in the Middle East

Steam blasting machine exports surged to X units in 2023, picking up by X% on the previous year. Total exports indicated temperate growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure in 2023 and are likely to see steady growth in the immediate term.

In value terms, steam blasting machine exports totaled $X in 2023. Over the period under review, exports showed resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of export peaked in 2023 and is likely to see gradual growth in years to come.

Exports by Country

Turkey represented the key exporter of steam or sand blasting machines and similar jet-projecting machines in the Middle East, with the volume of exports finishing at X units, which was approx. X% of total exports in 2023. The United Arab Emirates (X units) took the second position in the ranking, distantly followed by Israel (X units). All these countries together took approx. X% share of total exports. Oman (X units) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Oman (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

From 2012 to 2023, the average annual growth rate of value in Turkey amounted to X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Israel (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2023, declining by X% against the previous year. Export price indicated a prominent expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, steam blasting machine export price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per unit in 2020; however, from 2021 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while Oman ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced mixed trends in the export price figures.

Steam Blasting Machine Imports

Imports in the Middle East

After three years of growth, overseas purchases of steam or sand blasting machines and similar jet-projecting machines decreased by X% to X units in 2023. Over the period under review, imports recorded a pronounced decline. The pace of growth was the most pronounced in 2013 when imports increased by X%. As a result, imports reached the peak of X units. From 2014 to 2023, the growth of imports failed to regain momentum.

In value terms, steam blasting machine imports expanded significantly to $X in 2023. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, the United Arab Emirates (X units) was the major importer of steam or sand blasting machines and similar jet-projecting machines, creating X% of total imports. Turkey (X units) took the second position in the ranking, followed by Iraq (X units), Israel (X units), Qatar (X units) and Iran (X units). All these countries together took near X% share of total imports. Kuwait (X units) held a little share of total imports.

From 2012 to 2023, average annual rates of growth with regard to steam blasting machine imports into the United Arab Emirates stood at X%. At the same time, Qatar (X%) and Iraq (X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2023. Kuwait and Israel experienced a relatively flat trend pattern. By contrast, Iran (X%) and Turkey (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the United Arab Emirates, Iraq and Qatar increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Israel ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Iraq, Qatar, Iran and Kuwait lagged somewhat behind, together accounting for a further X%.

Qatar, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The import price in the Middle East stood at $X per unit in 2023, rising by X% against the previous year. Import price indicated a tangible increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, steam blasting machine import price decreased by X% against 2017 indices. The pace of growth appeared the most rapid in 2015 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 2017; however, from 2018 to 2023, import prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform