Middle East: Straight Saw Blade Market 2024

Straight Saw Blade Market Size in the Middle East

In 2022, the Middle Eastern straight saw blade market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. Over the period under review, consumption showed a noticeable contraction. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Straight Saw Blade Production in the Middle East

In value terms, straight saw blade production shrank to $X in 2022 estimated in export price. Over the period under review, production showed a perceptible decline. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Straight Saw Blade Exports

Exports in the Middle East

In 2022, overseas shipments of straight saw blades for working metal were finally on the rise to reach X tons after three years of decline. In general, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, straight saw blade exports soared to $X in 2022. Overall, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United Arab Emirates represented the largest exporter of straight saw blades for working metal in the Middle East, with the volume of exports reaching X tons, which was near X% of total exports in 2022. It was distantly followed by Turkey (X tons), mixing up a X% share of total exports. Israel (X tons) held a minor share of total exports.

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

In value terms, the United Arab Emirates ($X) emerged as the largest straight saw blade supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Israel ($X), with an X% share of total exports.

In the United Arab Emirates, straight saw blade exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Israel (X% per year) and Turkey (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price showed a mild contraction. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, the export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat 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 ($X per ton), while Turkey ($X per ton) 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.

Straight Saw Blade Imports

Imports in the Middle East

In 2022, purchases abroad of straight saw blades for working metal decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a abrupt downturn. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, straight saw blade imports dropped rapidly to $X in 2022. In general, imports saw a pronounced setback. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates represented the key importer of straight saw blades for working metal in the Middle East, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. Turkey (X tons) held the second position in the ranking, distantly followed by Iran (X tons) and Oman (X tons). All these countries together held approx. X% share of total imports. Israel (X tons), Iraq (X tons), Lebanon (X tons) and Kuwait (X tons) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to straight saw blade imports into the United Arab Emirates stood at X%. At the same time, Oman (X%), Turkey (X%), Kuwait (X%) and Iraq (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. Lebanon and Israel experienced a relatively flat trend pattern. By contrast, Iran (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.), Turkey (X p.p.), Oman (X p.p.), Iran (X p.p.), Iraq (X p.p.), Israel (X p.p.), Lebanon (X p.p.) and Kuwait (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported straight saw blades for working metal in the Middle East, comprising X% of total imports. The second position in the ranking was held by Turkey ($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 the United Arab Emirates totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Israel (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price posted a buoyant increase. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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 Israel ($X per ton), while Iran ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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