MENA: Metal Honing Machine Market 2025

Metal Honing Machine Market Size in MENA

In 2021, after three years of decline, there was significant growth in the MENA's metal honing machine market, when its value increased by 29% to $X. The market value increased at an average annual rate of +3.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Metal Honing Machine Production in MENA

In value terms, metal honing machine production reduced modestly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a sharp downturn. The pace of growth was the most pronounced in 2014 when the production volume increased by 11%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Metal Honing Machine Exports

Exports in MENA

In 2021, the amount of honing or lapping machines for working metal exported in MENA reduced to X units, declining by -10.1% compared with 2020. Over the period under review, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2017 when exports increased by 178%. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal honing machine exports surged to $X in 2021. In general, exports recorded a relatively flat trend pattern. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates was the largest exporter of honing or lapping machines for working metal in MENA, with the volume of exports reaching X units, which was near 51% of total exports in 2021. Israel (X units) held a 26% share (based on physical terms) of total exports, which put it in second place, followed by Turkey (8.5%) and Saudi Arabia (4.9%). The following exporters - Tunisia (X units) and Egypt (X units) - each finished at a 3.6% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Saudi Arabia (with a CAGR of +30.5%), while the other leaders experienced more modest paces of growth.

In value terms, Israel ($X) emerged as the largest metal honing machine supplier in MENA, comprising 70% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 13% share of total exports. It was followed by Turkey, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Israel was relatively modest. In the other countries, the average annual rates were as follows: the United Arab Emirates (-2.5% per year) and Turkey (-0.9% per year).

Export Prices by Country

In 2021, the export price in MENA amounted to $X per unit, growing by 75% against the previous year. Overall, the export price continues to indicate strong growth. Over the period under review, the export prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+16.2%), while the other leaders experienced more modest paces of growth.

Metal Honing Machine Imports

Imports in MENA

In 2021, purchases abroad of honing or lapping machines for working metal increased by 957% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports enjoyed a resilient increase. Over the period under review, imports reached the maximum at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, metal honing machine imports dropped markedly to $X in 2021. Overall, imports, however, continue to indicate a pronounced contraction. The pace of growth was the most pronounced in 2018 when imports increased by 53%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Qatar prevails in imports structure, reaching X units, which was approx. 95% of total imports in 2021. The following importers - Egypt (X units) and the United Arab Emirates (X units) - each recorded a 3.8% share of total imports.

Qatar was also the fastest-growing in terms of the honing or lapping machines for working metal imports, with a CAGR of +12.9% from 2012 to 2021. At the same time, the United Arab Emirates (+2.8%) displayed positive paces of growth. By contrast, Egypt (-5.0%) illustrated a downward trend over the same period. Qatar (+11 p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates and Egypt saw its share reduced by -2% and -6.2% from 2012 to 2021, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported honing or lapping machines for working metal in MENA, comprising 17% of total imports. The second position in the ranking was taken by Egypt ($X), with a 6.7% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United Arab Emirates stood at -3.1%. In the other countries, the average annual rates were as follows: Egypt (-3.1% per year) and Qatar (+3.3% per year).

Import Prices by Country

The import price in MENA stood at $X per unit in 2021, which is down by -92.9% against the previous year. In general, the import price saw a drastic downturn. The growth pace was the most rapid in 2017 an increase of 376%. The level of import peaked at $X per unit in 2020, and then fell notably in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+2.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform