Middle East: Vices And Clamps Market 2024

Vices And Clamps Market Size in the Middle East

The Middle Eastern vices and clamps market reduced dramatically to $X in 2022, shrinking by X% against the previous year. In general, consumption saw a deep downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Vices And Clamps Production in the Middle East

In value terms, vices and clamps production fell rapidly to $X in 2022 estimated in export price. Overall, production, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, production reached the peak level of $X, and then contracted rapidly in the following year.

Vices And Clamps Exports

Exports in the Middle East

For the third year in a row, the Middle East recorded growth in overseas shipments of vices and clamps, which increased by X% to X tons in 2022. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, vices and clamps exports skyrocketed to $X in 2022. Total exports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, Turkey (X tons) was the largest exporter of vices and clamps, constituting X% of total exports. It was distantly followed by the United Arab Emirates (X tons), mixing up a X% share of total exports. Lebanon (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Lebanon ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports.

The United Arab Emirates, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2015 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 Turkey ($X per ton), while Lebanon ($X per ton) 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 mixed trends in the export price figures.

Vices And Clamps Imports

Imports in the Middle East

In 2022, overseas purchases of vices and clamps increased by X% to X tons, rising for the fourth year in a row after four years of decline. Overall, imports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. 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, vices and clamps imports expanded slightly to $X in 2022. Over the period under review, imports, however, recorded a deep setback. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Saudi Arabia represented the main importer of vices and clamps in the Middle East, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2022. The United Arab Emirates (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Israel (X%) and Turkey (X%). Iraq (X tons), Qatar (X tons) and Oman (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest vices and clamps importing markets in the Middle East were Saudi Arabia ($X), the United Arab Emirates ($X) and Israel ($X), together comprising X% of total imports.

In terms of the main importing countries, Israel, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, remaining stable against the previous year. Over the last decade, it increased at an average annual rate of X%. 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 ton in 2018; however, from 2019 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 Qatar ($X per ton), while Iraq ($X per ton) 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

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