GCC: Non-Electric Chainsaw Market 2024

Non-Electric Chainsaw Market Size in GCC

After three years of growth, the GCC non-electric chainsaw market decreased by -9% to $X in 2022. In general, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Non-Electric Chainsaw Production in GCC

In value terms, non-electric chainsaw production dropped slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when the production volume increased by 26%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Non-Electric Chainsaw Exports

Exports in GCC

Non-electric chainsaw exports surged to X units in 2022, growing by 23% compared with 2021. In general, exports showed strong growth. The pace of growth was the most pronounced in 2015 with an increase of 93% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, non-electric chainsaw exports declined to $X in 2022. Over the period under review, exports continue to indicate a mild expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 147% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of chainsaws with a self-contained non-electric motor, namely the United Arab Emirates, represented more than two-thirds of total export.

The United Arab Emirates was also the fastest-growing in terms of the chainsaws with a self-contained non-electric motor exports, with a CAGR of +11.1% from 2012 to 2022. From 2012 to 2022, the share of the United Arab Emirates increased by +4.3 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) also remains the largest non-electric chainsaw supplier in GCC.

In the United Arab Emirates, non-electric chainsaw exports increased at an average annual rate of +1.7% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in GCC amounted to $X per unit, reducing by -23.5% against the previous year. Overall, the export price saw a abrupt decrease. The growth pace was the most rapid in 2015 an increase of 28%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -8.5% per year.

Non-Electric Chainsaw Imports

Imports in GCC

After three years of growth, overseas purchases of chainsaws with a self-contained non-electric motor decreased by -12.2% to X units in 2022. Overall, imports saw a pronounced reduction. The pace of growth appeared the most rapid in 2021 with an increase of 103%. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, non-electric chainsaw imports shrank to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 68% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X units) represented the main importer of chainsaws with a self-contained non-electric motor, creating 74% of total imports. It was distantly followed by Qatar (X units), generating an 18% share of total imports. The following importers - Oman (X units), Bahrain (X units) and Kuwait (X units) - together made up 7.5% of total imports.

Imports into the United Arab Emirates decreased at an average annual rate of -6.8% from 2012 to 2022. At the same time, Bahrain (+24.2%), Qatar (+22.7%) and Kuwait (+14.2%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in GCC, with a CAGR of +24.2% from 2012-2022. Oman experienced a relatively flat trend pattern. Qatar (+17 p.p.), Bahrain (+2.2 p.p.) and Kuwait (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates saw its share reduced by -21.7% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported chainsaws with a self-contained non-electric motor in GCC, comprising 78% of total imports. The second position in the ranking was taken by Qatar ($X), with a 17% share of total imports. It was followed by Oman, with a 3.3% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates stood at +1.0%. The remaining importing countries recorded the following average annual rates of imports growth: Qatar (+13.8% per year) and Oman (+0.2% per year).

Import Prices by Country

The import price in GCC stood at $X per unit in 2022, which is down by -2% against the previous year. Overall, the import price, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2016 when the import price increased by 75%. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while Bahrain ($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 (+8.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform