GCC: Self-Propelled Rock Cutter Market 2025

Self-Propelled Rock Cutter Market Size in GCC

The GCC self-propelled rock cutter market contracted remarkably to $X in 2021, reducing by -72.9% against the previous year. In general, consumption, however, recorded a prominent increase. As a result, consumption reached the peak level of $X, and then dropped dramatically in the following year.

Self-Propelled Rock Cutter Production in GCC

In value terms, self-propelled rock cutter production soared to $X in 2021 estimated in export price. In general, production continues to indicate significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 915% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Self-Propelled Rock Cutter Exports

Exports in GCC

In 2021, approx. X units of self-propelled coal or rock cutters and tunnelling machinery were exported in GCC; jumping by 148% against 2020. Overall, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 627% against the previous year. The volume of export peaked at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, self-propelled rock cutter exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed buoyant growth. The pace of growth was the most pronounced in 2015 when exports increased by 1,080%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Saudi Arabia represented the major exporter of self-propelled coal or rock cutters and tunnelling machinery in GCC, with the volume of exports accounting for X units, which was near 85% of total exports in 2021. It was distantly followed by Oman (X units), generating an 11% share of total exports. The United Arab Emirates (X units) took a little share of total exports.

Exports from Saudi Arabia increased at an average annual rate of +21.3% from 2012 to 2021. At the same time, Oman (+53.0%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in GCC, with a CAGR of +53.0% from 2012-2021. By contrast, the United Arab Emirates (-11.8%) illustrated a downward trend over the same period. Saudi Arabia (+13 p.p.) and Oman (+9.8 p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by -22.1% from 2012 to 2021, respectively.

In value terms, Saudi Arabia ($X) remains the largest self-propelled rock cutter supplier in GCC, comprising 87% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 3.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Saudi Arabia stood at +13.0%. In the other countries, the average annual rates were as follows: the United Arab Emirates (-4.7% per year) and Oman (+20.0% per year).

Export Prices by Country

In 2021, the export price in GCC amounted to $X per unit, declining by -10.1% against the previous year. Overall, the export price showed a abrupt shrinkage. The growth pace was the most rapid in 2015 when the export price increased by 62%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United Arab Emirates ($X per unit), while Oman ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.0%), while the other leaders experienced a decline in the export price figures.

Self-Propelled Rock Cutter Imports

Imports in GCC

In 2021, supplies from abroad of self-propelled coal or rock cutters and tunnelling machinery decreased by -78.9% to X units for the first time since 2018, thus ending a two-year rising trend. In general, imports continue to indicate a slight curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 479%. As a result, imports attained the peak of X units, and then contracted rapidly in the following year.

In value terms, self-propelled rock cutter imports reduced remarkably to $X in 2021. Overall, imports saw a abrupt decline. The pace of growth was the most pronounced in 2014 when imports increased by 58% against the previous year. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

The United Arab Emirates prevails in imports structure, amounting to X units, which was near 84% of total imports in 2021. It was distantly followed by Saudi Arabia (X units), achieving a 9.8% share of total imports. Bahrain (X units) and Kuwait (X units) held a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to self-propelled rock cutter imports into the United Arab Emirates stood at +3.6%. At the same time, Bahrain (+22.8%) and Kuwait (+20.1%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in GCC, with a CAGR of +22.8% from 2012-2021. By contrast, Saudi Arabia (-15.2%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+30 p.p.) and Bahrain (+2.2 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Saudi Arabia (-28.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest self-propelled rock cutter importing markets in GCC were Saudi Arabia ($X), the United Arab Emirates ($X) and Kuwait ($X), with a combined 96% share of total imports.

In terms of the main importing countries, Kuwait, with a CAGR of +41.0%, 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, surging by 151% against the previous year. Over the period under review, the import price, however, continues to indicate a drastic downturn. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Saudi Arabia ($X per unit), while Bahrain ($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 (+16.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform