MENA: Non-Numerically Controlled Lathe Market 2025

Non-Numerically Controlled Lathe Market Size in MENA

In 2021, the MENA's non-numerically controlled lathe market increased by 42% to $X, rising for the second consecutive year after three years of decline. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Non-Numerically Controlled Lathe Production in MENA

In value terms, non-numerically controlled lathe production fell significantly to $X in 2021 estimated in export price. Overall, production continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 54% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Non-Numerically Controlled Lathe Exports

Exports in MENA

In 2021, the amount of non-numerically controlled horizontal lathes, for removing metal exported in MENA soared to X units, increasing by 158% against the previous year's figure. Overall, exports continue to indicate strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-numerically controlled lathe exports surged to $X in 2021. In general, exports recorded a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of 132%. The level of export peaked in 2021 and is likely to see gradual growth in years to come.

Exports by Country

In 2021, Turkey (X units) was the major exporter of non-numerically controlled horizontal lathes, for removing metal, mixing up 66% of total exports. Iran (X units) held the second position in the ranking, distantly followed by Kuwait (X units). All these countries together held near 23% share of total exports. Israel (X units), Jordan (X units) and Lebanon (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to non-numerically controlled lathe exports from Turkey stood at +26.8%. At the same time, Kuwait (+44.5%), Israel (+25.5%) and Lebanon (+17.7%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing exporter exported in MENA, with a CAGR of +44.5% from 2012-2021. Iran experienced a relatively flat trend pattern. By contrast, Jordan (-7.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Turkey, Kuwait and Israel increased by +47, +5.8 and +2.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest non-numerically controlled lathe supplier in MENA, comprising 61% of total exports. The second position in the ranking was held by Iran ($X), with a 23% share of total exports. It was followed by Israel, with a 2.2% share.

In Turkey, non-numerically controlled lathe exports increased at an average annual rate of +22.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Iran (+2.6% per year) and Israel (+31.2% per year).

Export Prices by Country

In 2021, the export price in MENA amounted to $X per unit, reducing by -17.5% against the previous year. Export price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-numerically controlled lathe export price decreased by -22.3% against 2018 indices. The pace of growth appeared the most rapid in 2018 an increase of 50%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Iran ($X per unit), while Lebanon ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Jordan (+9.9%), while the other leaders experienced more modest paces of growth.

Non-Numerically Controlled Lathe Imports

Imports in MENA

In 2021, supplies from abroad of non-numerically controlled horizontal lathes, for removing metal was finally on the rise to reach X units for the first time since 2016, thus ending a four-year declining trend. Over the period under review, imports, however, recorded a slight shrinkage. Over the period under review, non-numerically controlled laimports hit record highs at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, non-numerically controlled lathe imports soared to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, non-numerically controlled laimports hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Turkey was the main importing country with an import of about X units, which resulted at 42% of total imports. Israel (X units) took a 25% share (based on physical terms) of total imports, which put it in second place, followed by Egypt (6.2%), Iran (5%) and the United Arab Emirates (4.6%). The following importers - Iraq (X units), Oman (X units) and Lebanon (X units) - each accounted for a 9.2% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Iraq (with a CAGR of +17.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constitutes the largest market for imported non-numerically controlled horizontal lathes, for removing metal in MENA, comprising 61% of total imports. The second position in the ranking was held by Israel ($X), with a 7% share of total imports. It was followed by Egypt, with a 5.9% share.

In Turkey, non-numerically controlled lathe imports increased at an average annual rate of +4.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Israel (-3.9% per year) and Egypt (+1.4% per year).

Import Prices by Country

In 2021, the import price in MENA amounted to $X per unit, shrinking by -5.8% against the previous year. Import price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-numerically controlled lathe import price increased by +46.1% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the import price increased by 31% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Turkey ($X per unit), while Lebanon ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+6.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform