MENA: Metal Cutting Shear Market 2025

Metal Cutting Shear Market Size in MENA

For the fourth year in a row, the MENA's metal cutting shear market recorded decline in sales value, which decreased by -6.2% to $X in 2022. Overall, consumption continues to indicate a abrupt downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Metal Cutting Shear Production in MENA

In value terms, metal cutting shear production expanded remarkably to $X in 2022 estimated in export price. In general, production, however, continues to indicate a noticeable descent. The growth pace was the most rapid in 2018 when the production volume increased by 52% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Metal Cutting Shear Exports

Exports in MENA

In 2022, exports of metal cutting shears and similar hand tools in MENA contracted to X tons, falling by -7.9% against the previous year's figure. In general, exports continue to indicate a pronounced reduction. The growth pace was the most rapid in 2013 when exports increased by 975% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, metal cutting shear exports reached $X in 2022. Overall, exports saw a pronounced descent. The most prominent rate of growth was recorded in 2013 with an increase of 441% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Turkey represented the largest exporting country with an export of around X tons, which amounted to 67% of total exports. It was distantly followed by the United Arab Emirates (X tons), making up a 21% share of total exports. The following exporters - Morocco (X tons), Oman (X tons), Kuwait (X tons) and Syrian Arab Republic (X tons) - together made up 11% of total exports.

Turkey experienced a relatively flat trend pattern with regard to volume of exports of metal cutting shears and similar hand tools. At the same time, Oman (+49.7%) and Morocco (+48.0%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in MENA, with a CAGR of +49.7% from 2012-2022. By contrast, the United Arab Emirates (-7.4%), Syrian Arab Republic (-8.5%) and Kuwait (-11.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Turkey, Morocco and Oman increased by +21, +4.3 and +2.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest metal cutting shear supplier in MENA, comprising 60% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 20% share of total exports. It was followed by Morocco, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey totaled -2.3%. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (-5.4% per year) and Morocco (+50.7% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, growing by 9% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 55%. The level of export peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Morocco ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (+7.9%), while the other leaders experienced more modest paces of growth.

Metal Cutting Shear Imports

Imports in MENA

In 2022, imports of metal cutting shears and similar hand tools in MENA dropped remarkably to X tons, with a decrease of -37% against the previous year. Overall, imports saw a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 53% against the previous year. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, metal cutting shear imports contracted dramatically to $X in 2022. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 96% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of metal cutting shear imports in 2022 were the United Arab Emirates (X tons), Egypt (X tons), Morocco (X tons), Iraq (X tons), Israel (X tons), Bahrain (X tons), Turkey (X tons), Libya (X tons), Tunisia (X tons), Oman (X tons), Algeria (X tons) and Kuwait (X tons), together resulting at 95% of total import.

From 2012 to 2022, the biggest increases were recorded for Libya (with a CAGR of +15.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Israel ($X) and Turkey ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 57% of total imports. Egypt, Iraq, Morocco, Libya, Algeria, Bahrain, Oman, Kuwait and Tunisia lagged somewhat behind, together accounting for a further 37%.

Libya, with a CAGR of +11.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, falling by -1.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The growth pace was the most rapid in 2021 when the import price increased by 28%. As a result, import price attained the peak level of $X per ton, and then contracted slightly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+6.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform