Middle East: Thread Rolling Machine Market 2024

Thread Rolling Machine Market Size in the Middle East

The Middle Eastern thread rolling machine market soared to $X in 2022, increasing by X% against the previous year. In general, consumption, however, showed a noticeable shrinkage. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Thread Rolling Machine Production in the Middle East

In value terms, thread rolling machine production stood at $X in 2022 estimated in export price. Over the period under review, production enjoyed a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Thread Rolling Machine Exports

Exports in the Middle East

In 2022, thread rolling machine exports in the Middle East soared to X units, growing by X% compared with the previous year. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, thread rolling machine exports contracted to $X in 2022. Over the period under review, exports enjoyed a mild expansion. The pace of growth was the most pronounced in 2017 when exports increased by X%. The level of export peaked at $X in 2021, and then fell in the following year.

Exports by Country

Jordan represented the major exporter of thread rolling machines for working metal, sintered metal carbides or cermets in the Middle East, with the volume of exports reaching X units, which was approx. X% of total exports in 2022. It was distantly followed by Turkey (X units), mixing up a X% share of total exports. The United Arab Emirates (X units) took a relatively small share of total exports.

Jordan was also the fastest-growing in terms of the thread rolling machines for working metal, sintered metal carbides or cermets exports, with a CAGR of X% from 2012 to 2022. At the same time, Turkey (X%) displayed positive paces of growth. By contrast, the United Arab Emirates (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Jordan increased by X percentage points.

In value terms, Turkey ($X) remains the largest thread rolling machine supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Jordan (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per unit, falling by X% against the previous year. In general, the export price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2016 an increase of X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 the United Arab Emirates ($X per unit), while Jordan ($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 a decline in the export price figures.

Thread Rolling Machine Imports

Imports in the Middle East

For the third year in a row, the Middle East recorded growth in purchases abroad of thread rolling machines for working metal, sintered metal carbides or cermets, which increased by X% to X units in 2022. Overall, imports continue to indicate a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, thread rolling machine imports soared to $X in 2022. In general, imports showed resilient growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Qatar represented the major importing country with an import of around X units, which reached X% of total imports. Turkey (X units) took the second position in the ranking, distantly followed by Bahrain (X units). All these countries together held near X% share of total imports. The United Arab Emirates (X units), Yemen (X units), Iraq (X units) and Iran (X units) followed a long way behind the leaders.

Qatar was also the fastest-growing in terms of the thread rolling machines for working metal, sintered metal carbides or cermets imports, with a CAGR of X% from 2012 to 2022. At the same time, Bahrain (X%) and Iraq (X%) displayed positive paces of growth. By contrast, Yemen (X%), Iran (X%), Turkey (X%) and the United Arab Emirates (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Qatar and Bahrain increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported thread rolling machines for working metal, sintered metal carbides or cermets in the Middle East, comprising X% of total imports. The second position in the ranking was held by Bahrain ($X), with a X% share of total imports. It was followed by Iran, with a X% share.

In Turkey, thread rolling machine imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Bahrain (X% per year) and Iran (X% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per unit, waning by X% against the previous year. In general, the import price, however, posted modest growth. The growth pace was the most rapid in 2013 an increase of X%. Over the period under review, import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 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 Turkey (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform