MENA: Market for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals 2025

Market Size for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in MENA

The MENA's market for fully or partly automatic electric machines for arc welding of metals rose significantly to $X in 2022, surging by 6.4% against the previous year. Over the period under review, consumption showed a mild slump. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in MENA

In value terms, production of fully or partly automatic electric machines for arc welding of metals shrank modestly to $X in 2022 estimated in export price. In general, production, however, recorded a strong increase. The pace of growth was the most pronounced in 2018 with an increase of 235% against the previous year. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Exports in MENA

In 2022, shipments abroad of fully or partly automatic electric machines for arc welding of metals decreased by -13.4% to X units, falling for the fourth consecutive year after two years of growth. Over the period under review, exports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2018 with an increase of 78%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of fully or partly automatic electric machines for arc welding of metals reduced to $X in 2022. In general, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2018 when exports increased by 61%. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey was the main exporter of fully or partly automatic electric machines for arc welding of metals in MENA, with the volume of exports finishing at X units, which was near 57% of total exports in 2022. Oman (X units) ranks second in terms of the total exports with a 16% share, followed by Saudi Arabia (11%) and the United Arab Emirates (11%). Kuwait (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to fully or partly automatic arc welding machine exports from Turkey stood at +7.2%. At the same time, Oman (+34.2%), Saudi Arabia (+22.8%) and Kuwait (+6.0%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in MENA, with a CAGR of +34.2% from 2012-2022. By contrast, the United Arab Emirates (-7.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Oman, Saudi Arabia and Turkey increased by +14, +9 and +8.3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest fully or partly automatic arc welding machine supplier in MENA, comprising 56% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 13% share of total exports. It was followed by Oman, with a 12% share.

From 2012 to 2022, the average annual growth rate of value in Turkey totaled +7.9%. In the other countries, the average annual rates were as follows: Saudi Arabia (+20.5% per year) and Oman (+34.1% per year).

Export Prices by Country

The export price in MENA stood at $X per unit in 2022, with an increase of 6.2% against the previous year. Export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fully or partly automatic electric machines for arc welding of metals increased by +30.5% against 2018 indices. The pace of growth appeared the most rapid in 2016 an increase of 102% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the export prices remained at a 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 Kuwait ($X per unit), while Oman ($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 (+12.0%), while the other leaders experienced more modest paces of growth.

Imports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Imports in MENA

In 2022, imports of fully or partly automatic electric machines for arc welding of metals in MENA declined to X units, with a decrease of -13.3% against the year before. Overall, imports continue to indicate a perceptible slump. The growth pace was the most rapid in 2021 with an increase of 15%. Over the period under review, imports of attained the maximum at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, imports of fully or partly automatic electric machines for arc welding of metals shrank modestly to $X in 2022. Over the period under review, imports continue to indicate a pronounced descent. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X units) and the United Arab Emirates (X units) represented the main importers of fully or partly automatic electric machines for arc welding of metals in MENA, together recording approx. 65% of total imports. It was distantly followed by Iran (X units), generating a 7.6% share of total imports. Israel (X units), Oman (X units), Morocco (X units), Iraq (X units), Egypt (X units), Tunisia (X units), Algeria (X units) and Qatar (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Israel (with a CAGR of +6.7%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Turkey ($X) constitutes the largest market for imported fully or partly automatic electric machines for arc welding of metals in MENA, comprising 38% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with an 18% share of total imports. It was followed by Israel, with a 5% share.

In Turkey, imports of fully or partly automatic electric machines for arc welding of metals expanded at an average annual rate of +2.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (-6.5% per year) and Israel (+8.9% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per unit, surging by 15% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per unit), while Iraq ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+6.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform