GCC: Reticle Manufacturing Machine Market 2024

Reticle Manufacturing Machine Market Size in GCC

In 2021, the GCC reticle manufacturing machine market increased by 153% to $X, rising for the second consecutive year after four years of decline. Over the period under review, consumption saw measured growth. The level of consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Reticle Manufacturing Machine Production in GCC

In value terms, reticle manufacturing machine production dropped to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 34%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Reticle Manufacturing Machine Exports

Exports in GCC

In 2021, shipments abroad of machines for the manufacture of masks and reticles, semiconductor devices or electronic integrated circuits decreased by -75.6% to X units, falling for the third year in a row after three years of growth. In general, exports, however, continue to indicate a modest expansion. The pace of growth appeared the most rapid in 2016 with an increase of 3,460%. Over the period under review, the exports reached the maximum at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, reticle manufacturing machine exports dropped remarkably to $X in 2021. Over the period under review, exports faced a deep setback. The pace of growth appeared the most rapid in 2016 when exports increased by 7,489%. The level of export peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Kuwait was the key exporter of machines for the manufacture of masks and reticles, semiconductor devices or electronic integrated circuits in GCC, with the volume of exports accounting for X units, which was near 53% of total exports in 2021. The United Arab Emirates (X units) held the second position in the ranking, distantly followed by Oman (X units). All these countries together took near 45% share of total exports. Saudi Arabia (X units) held a minor share of total exports.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +34.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) remains the largest reticle manufacturing machine supplier in GCC, comprising 62% of total exports. The second position in the ranking was taken by Oman ($X), with a 26% share of total exports. It was followed by Kuwait, with an 8.8% share.

From 2012 to 2021, the average annual growth rate of value in the United Arab Emirates stood at +26.0%. The remaining exporting countries recorded the following average annual rates of exports growth: Oman (-4.9% per year) and Kuwait (-29.6% per year).

Export Prices by Country

The export price in GCC stood at $X per unit in 2021, declining by -68.6% against the previous year. In general, the export price recorded a abrupt contraction. The pace of growth was the most pronounced in 2016 when the export price increased by 113% against the previous year. The level of export peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the United Arab Emirates ($X per unit), while Kuwait ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+4.6%), while the other leaders experienced a decline in the export price figures.

Reticle Manufacturing Machine Imports

Imports in GCC

In 2021, purchases abroad of machines for the manufacture of masks and reticles, semiconductor devices or electronic integrated circuits was finally on the rise to reach X units after three years of decline. Overall, imports recorded a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, reticle manufacturing machine imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate perceptible growth. The pace of growth appeared the most rapid in 2015 with an increase of 444%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Qatar represented the major importing country with an import of around X units, which accounted for 76% of total imports. The United Arab Emirates (X units) ranks second in terms of the total imports with an 18% share, followed by Bahrain (4.8%).

Qatar was also the fastest-growing in terms of the machines for the manufacture of masks and reticles, semiconductor devices or electronic integrated circuits imports, with a CAGR of +101.3% from 2012 to 2021. At the same time, Bahrain (+25.6%) displayed positive paces of growth. By contrast, the United Arab Emirates (-4.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Qatar and Bahrain increased by +76 and +2.5 percentage points, respectively.

In value terms, Qatar ($X), the United Arab Emirates ($X) and Bahrain ($X) constituted the countries with the highest levels of imports in 2021, together comprising 99% of total imports.

In terms of the main importing countries, Bahrain, with a CAGR of +43.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in GCC amounted to $X per unit, declining by -47.4% against the previous year. Over the period under review, the import price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2015 when the import price increased by 48%. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Bahrain ($X per unit), while Qatar ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bahrain (+14.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform