MENA: Market for Continuous-Action Elevators And Conveyors 2025

Market Size for Continuous-Action Elevators And Conveyors in MENA

The MENA's continuous-action elevators and conveyors market amounted to $X in 2022, increasing by X% against the previous year. In general, consumption recorded a strong expansion. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Continuous-Action Elevators And Conveyors in MENA

In value terms, continuous-action elevators and conveyors production declined to $X in 2022 estimated in export price. In general, production continues to indicate resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Continuous-Action Elevators And Conveyors

Exports in MENA

In 2022, approx. X units of continuous-action elevators and conveyors were exported in MENA; jumping by X% against the previous year's figure. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, continuous-action elevators and conveyors exports totaled $X in 2022. In general, exports posted a buoyant increase. The pace of growth was the most pronounced in 2017 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Tunisia dominates exports structure, recording X units, which was near X% of total exports in 2022. The following exporters - Turkey (X units), the United Arab Emirates (X units) and Israel (X units) - together made up X% of total exports.

Tunisia was also the fastest-growing in terms of the continuous-action elevators and conveyors exports, with a CAGR of X% from 2012 to 2022. At the same time, Israel (X%) displayed positive paces of growth. By contrast, the United Arab Emirates (X%) and Turkey (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Tunisia increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest continuous-action elevators and conveyors supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Israel ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Turkey totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Israel (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price saw a abrupt decrease. The pace of growth appeared the most rapid in 2018 an increase of X%. The level of export peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while Tunisia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Continuous-Action Elevators And Conveyors

Imports in MENA

For the sixth consecutive year, MENA recorded decline in purchases abroad of continuous-action elevators and conveyors, which decreased by X% to X units in 2022. Over the period under review, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2013 when imports increased by X%. The volume of import peaked at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, continuous-action elevators and conveyors imports skyrocketed to $X in 2022. Overall, imports saw a mild setback. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Egypt was the key importing country with an import of about X units, which resulted at X% of total imports. Qatar (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Bahrain (X%), the United Arab Emirates (X%) and Tunisia (X%). The following importers - Iraq (X units) and Algeria (X units) - each accounted for a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to continuous-action elevators and conveyors imports into Egypt stood at X%. At the same time, Iraq (X%) and Tunisia (X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. The United Arab Emirates experienced a relatively flat trend pattern. By contrast, Algeria (X%), Bahrain (X%) and Qatar (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Iraq, Bahrain, the United Arab Emirates, Tunisia, Qatar and Algeria increased by X, X, X, X, X and X percentage points, respectively.

In value terms, the largest continuous-action elevators and conveyors importing markets in MENA were Algeria ($X), the United Arab Emirates ($X) and Iraq ($X), together accounting for X% of total imports.

In terms of the main importing countries, Iraq, with a CAGR of X%, recorded the highest growth rate of 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 2022, the import price in MENA amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price posted prominent growth. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform