Middle East: Threading Tools Market 2020

Threading Tools Market Size in Middle East

The revenue of the threading tools market in Middle East amounted to $X in 2017, surging by X% against the previous year. The threading tools consumption continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2010, with an increase of X% against the previous year. In that year, the threading tools market reached their peak level of $X. From 2011 to 2017, growth of the threading tools market stood at a somewhat lower level.

Threading Tools Production in Middle East

In 2017, threading tools production in Middle East totaled X units, standing approx. at the previous year. The threading tools production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when it surged by X% against the previous year. Over the period under review, the threading tools production reached its peak figure volume of X units in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Threading Tools Exports in Middle East

The exports amounted to X units in 2017, jumping by X% against the previous year. The threading tools exports continue to indicate a remarkable expansion. The pace of growth was the most pronounced in 2013, with an increase of X% against the previous year. The volume of exports peaked of X units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, threading tools exports amounted to $X in 2017. The threading tools exports continue to indicate a strong expansion. Over the period under review, the threading tools exports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Threading Tools Exports by Country in Middle East

Turkey prevails in threading tools exports structure, reaching X units, which was approx. X% of total exports in 2017. It was distantly followed by Israel (X units), mixed up X% share of total exports. The United Arab Emirates (X units) took the slight share of total exports.

From 2007 to 2017, average annual rates of growth with regard to threading tools exports from Turkey stood at +X%. At the same time, the United Arab Emirates (+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. Israel experienced a relatively flat trend pattern. The United Arab Emirates (-X%) and Turkey (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X), Israel ($X) and the United Arab Emirates ($X) appeared to be the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

The United Arab Emirates (+X% per year) experienced the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Threading Tools Export Prices by Country in Middle East

The threading tools export price in Middle East stood at $X per unit in 2017, remaining relatively unchanged against the previous year. The threading tools export price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2008, when the export prices increased by X% year-to-year. The level of export price peaked of $X per unit in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

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 mixed trends in the export price figures.

Threading Tools Imports in Middle East

The imports totaled X units in 2017, jumping by X% against the previous year. The threading tools imports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2010, when imports increased by X% y-o-y. Over the period under review, the threading tools imports reached its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, threading tools imports amounted to $X in 2017. The threading tools imports continue to indicate a remarkable expansion. Over the period under review, the threading tools imports reached its peak figure level in 2017, and are likely to continue its growth in the immediate term.

Threading Tools Imports by Country in Middle East

Turkey represented the largest importing country with an import of around X units, which amounted to X% of total imports. It was distantly followed by the United Arab Emirates (X units) and Saudi Arabia (X units), together mixed up X% share of total imports. Jordan (X units), Qatar (X units), Kuwait (X units) and Iran (X units) occupied the slight share of total imports.

Turkey was also the fastest growing in terms of the threading tools for working metal imports, with a CAGR of +X% from 2007 to 2017. At the same time, Kuwait (+X%), Jordan (+X%), Qatar (+X%), Saudi Arabia (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. By contrast, Iran (-X%) illustrated a downward trend over the same period. While the share of Kuwait (-X%), Saudi Arabia (-X%), the United Arab Emirates (-X%) and Turkey (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Turkey, threading tools imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and Saudi Arabia (+X% per year).

Threading Tools Import Prices by Country in Middle East

The threading tools import price in Middle East stood at $X per unit in 2017, coming up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011, when it surged by X% year-to-year. The level of import price peaked of $X per unit in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

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 ($X per unit), while Qatar ($X per unit) 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.

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Source: IndexBox Platform