GCC: Industrial Brewery Machinery Market 2024

Industrial Brewery Machinery Market Size in GCC

The GCC industrial brewery machinery market dropped to $X in 2022, reducing by X% against the previous year. The total consumption indicated a notable 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, consumption decreased by X% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Industrial Brewery Machinery Production in GCC

In value terms, industrial brewery machinery production reduced to $X in 2022 estimated in export price. The total production indicated a mild increase 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, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Industrial Brewery Machinery Exports

Exports in GCC

Industrial brewery machinery exports reduced dramatically to X units in 2022, declining by X% compared with 2021 figures. Over the period under review, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, industrial brewery machinery exports soared to $X in 2022. Overall, exports faced a dramatic decline. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates represented the key exporter of industrial brewery machinery in GCC, with the volume of exports accounting for X units, which was approx. X% of total exports in 2022. It was distantly followed by Kuwait (X units), mixing up a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to industrial brewery machinery exports from the United Arab Emirates stood at X%. Kuwait experienced a relatively flat trend pattern. While the share of Kuwait (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United Arab Emirates (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) remains the largest industrial brewery machinery supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by Kuwait ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates stood at X%.

Export Prices by Country

The export price in GCC stood at $X per unit in 2022, increasing by X% against the previous year. In general, the export price, however, continues to indicate a deep contraction. 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.

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 Kuwait totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%).

Industrial Brewery Machinery Imports

Imports in GCC

After four years of growth, purchases abroad of industrial brewery machinery decreased by X% to X units in 2022. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X units, and then fell significantly in the following year.

In value terms, industrial brewery machinery imports declined notably to $X in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then shrank dramatically in the following year.

Imports by Country

In 2022, the United Arab Emirates (X units) was the major importer of industrial brewery machinery, mixing up X% of total imports. Kuwait (X units) held the second position in the ranking, followed by Saudi Arabia (X units), Oman (X units) and Bahrain (X units). All these countries together held approx. X% share of total imports. Qatar (X units) followed a long way behind the leaders.

The United Arab Emirates experienced a relatively flat trend pattern with regard to volume of imports of industrial brewery machinery. At the same time, Saudi Arabia (X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. Oman and Kuwait experienced a relatively flat trend pattern. By contrast, Bahrain (X%) and Qatar (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Saudi Arabia and Qatar increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported industrial brewery machinery in GCC, comprising X% of total imports. The second position in the ranking was held by Kuwait ($X), with a X% share of total imports. It was followed by Oman, with a X% share.

In the United Arab Emirates, industrial brewery machinery 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: Kuwait (X% per year) and Oman (X% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per unit, waning by X% against the previous year. In general, the import price, however, recorded a significant increase. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per unit in 2021, and then reduced dramatically in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kuwait ($X per unit), while Qatar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform