Middle East: Metal Tapping Tools Market 2020

Metal Tapping Tools Market Size in Middle East

The revenue of the metal tapping tools market in Middle East amounted to $X in 2017, surging by X% against the previous year. The total market indicated a remarkable expansion 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 metal tapping tools consumption increased by +X% against 2007 indices. The pace of growth was the most pronounced in 2017, when market value increased by X% year-to-year. In that year, the metal tapping tools market reached their peak level, and is likely to continue its growth in the immediate term.

Metal Tapping Tools Production in Middle East

In 2017, production of tapping tools for working metal in Middle East totaled X units, approximately reflecting the previous year. The metal tapping tools production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016, when it surged by X% y-o-y. The volume of metal tapping tools production peaked in 2017, and is likely to continue its growth in the immediate term.

Metal Tapping Tools Exports in Middle East

In 2017, approx. X units of tapping tools for working metal were exported in Middle East; falling by -X% against the previous year. The metal tapping tools exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, when exports increased by X% y-o-y. In that year, the metal tapping tools exports attained their peak volume of X units. From 2011 to 2017, growth of the metal tapping tools exports failed to regain its momentum.

In value terms, metal tapping tools exports stood at $X in 2017. The metal tapping tools exports continue to indicate a remarkable expansion. The level of exports peaked of $X in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Metal Tapping Tools Exports by Country in Middle East

Israel was the key exporter of tapping tools for working metal in Middle East, with the volume of exports recording X units, which was near X% of total exports in 2017. Turkey (X units) took a X% share (based on tons) of total exports, which put it in second place, followed by the United Arab Emirates (X%).

Israel experienced a relatively flat trend pattern of tapping tools for working metal exports. At the same time, the United Arab Emirates (+X%) and Turkey (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Israel increased by X% percentage points, while the United Arab Emirates (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual growth rate of value in Israel totaled +X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (+X% per year) and Turkey (+X% per year).

Metal Tapping Tools Export Prices by Country in Middle East

In 2017, the metal tapping tools export price in Middle East amounted to $X per unit, going up by X% against the previous year. The export price indicated a prominent increase 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 metal tapping tools export price increased by +X% against 2011 indices. The growth pace was the most rapid in 2009, when the export prices increased by X% year-to-year. The level of export price peaked in 2017, and is likely to continue its growth in the immediate term.

Export prices varied noticeably by the country of destination; the country with the highest export price was Israel ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Israel (+X% per year), while the other leaders experienced more modest paces of growth.

Metal Tapping Tools Imports in Middle East

In 2017, approx. X units of tapping tools for working metal were imported in Middle East; standing approx. at the previous year. The metal tapping tools imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013, with an increase of X% against the previous year. In that year, the metal tapping tools imports reached their peak volume of X units. From 2014 to 2017, growth of the metal tapping tools imports failed to regain its momentum.

In value terms, metal tapping tools imports amounted to $X in 2017. The metal tapping tools imports continue to indicate a strong growth. Over the period under review, the metal tapping tools imports reached its peak figure level in 2017, and are expected to retain its growth in the immediate term.

Metal Tapping Tools Imports by Country in Middle East

In 2017, the United Arab Emirates (X units) and Turkey (X units) represented the key importers of tapping tools for working metal in the globe, together creating X% of total imports. It was distantly followed by Iran (X units), Qatar (X units), Israel (X units), Saudi Arabia (X units) and Jordan (X units), together constituting X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Jordan (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constitutes the largest market for imported tapping tools for working metal in Middle East, making up X% of global imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global imports. It was followed by Iran, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Turkey totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and Iran (-X% per year).

Metal Tapping Tools Import Prices by Country in Middle East

The metal tapping tools import price in Middle East stood at $X per unit in 2017, coming up by X% against the previous year. The import price indicated a prominent increase 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 metal tapping tools import price increased by +X% against 2013 indices. 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 import prices for tapping tools for working metal reached its peak figure level in 2017, 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 ($X per unit), while Jordan ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Qatar (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform