GCC: Non-Numerically Controlled Lathe Market 2025

Non-Numerically Controlled Lathe Market Size in GCC

The GCC non-numerically controlled lathe market contracted to $X in 2021, waning by -9.1% against the previous year. In general, consumption, however, saw a pronounced descent. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Non-Numerically Controlled Lathe Production in GCC

In value terms, non-numerically controlled lathe production dropped markedly to $X in 2021 estimated in export price. The total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +24.4% against 2015 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by 58%. As a result, production attained the peak level of $X, and then fell significantly in the following year.

Non-Numerically Controlled Lathe Exports

Exports in GCC

In 2021, shipments abroad of non-numerically controlled horizontal lathes, for removing metal was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2014 when exports increased by 86% against the previous year. Over the period under review, the non-numerically controlled laexports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, non-numerically controlled lathe exports rose sharply to $X in 2021. Over the period under review, exports recorded a strong increase. The growth pace was the most rapid in 2013 with an increase of 166%. Over the period under review, the non-numerically controlled laexports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Kuwait (X units) was the largest exporter of non-numerically controlled horizontal lathes, for removing metal, comprising 80% of total exports. It was distantly followed by the United Arab Emirates (X units), creating a 16% share of total exports. Oman (X units) took a minor share of total exports.

Kuwait was also the fastest-growing in terms of the non-numerically controlled horizontal lathes, for removing metal exports, with a CAGR of +44.5% from 2012 to 2021. At the same time, the United Arab Emirates (+7.0%) displayed positive paces of growth. By contrast, Oman (-9.7%) illustrated a downward trend over the same period. While the share of Kuwait (+67 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the United Arab Emirates (-21.6 p.p.) and Oman (-28.4 p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) emerged as the largest non-numerically controlled lathe supplier in GCC, comprising 37% of total exports. The second position in the ranking was held by Kuwait ($X), with an 18% share of total exports.

In the United Arab Emirates, non-numerically controlled lathe exports expanded at an average annual rate of +8.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kuwait (+46.3% per year) and Oman (-12.6% per year).

Export Prices by Country

The export price in GCC stood at $X per unit in 2021, falling by -30.5% against the previous year. Overall, the export price saw a pronounced descent. The growth pace was the most rapid in 2013 when the export price increased by 102%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: 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 Kuwait (+1.2%), while the other leaders experienced mixed trends in the export price figures.

Non-Numerically Controlled Lathe Imports

Imports in GCC

In 2021, supplies from abroad of non-numerically controlled horizontal lathes, for removing metal increased by 47% to X units for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of 111% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, non-numerically controlled lathe imports rose markedly to $X in 2021. Over the period under review, imports, however, faced a abrupt decrease. The most prominent rate of growth was recorded in 2016 when imports increased by 77% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the United Arab Emirates (X units) was the key importer of non-numerically controlled horizontal lathes, for removing metal, constituting 51% of total imports. Oman (X units) took a 33% share (based on physical terms) of total imports, which put it in second place, followed by Kuwait (8.4%) and Qatar (4.9%). Bahrain (X units) took a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +11.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported non-numerically controlled horizontal lathes, for removing metal in GCC, comprising 63% of total imports. The second position in the ranking was held by Kuwait ($X), with a 22% share of total imports. It was followed by Oman, with an 8.3% share.

In the United Arab Emirates, non-numerically controlled lathe imports decreased by an average annual rate of -8.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kuwait (+0.5% per year) and Oman (-10.2% per year).

Import Prices by Country

In 2021, the import price in GCC amounted to $X per unit, shrinking by -23.7% against the previous year. In general, the import price recorded a deep contraction. The pace of growth appeared the most rapid in 2019 when the import price increased by 95%. Over the period under review, import prices attained the maximum at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kuwait (+14.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform