MENA: Market for Non-Numerically Controlled Sharpening Machines For Working Metal 2025

Market Size for Non-Numerically Controlled Sharpening Machines For Working Metal in MENA

The MENA's non-numerically controlled sharpening machine market totaled $X in 2022, surging by 2.5% against the previous year. The market value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the near future.

Production of Non-Numerically Controlled Sharpening Machines For Working Metal in MENA

In value terms, non-numerically controlled sharpening machine production dropped to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a slight slump. The most prominent rate of growth was recorded in 2019 with an increase of 40% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Exports of Non-Numerically Controlled Sharpening Machines For Working Metal

Exports in MENA

Non-numerically controlled sharpening machine exports fell to X units in 2022, which is down by -11.7% compared with the previous year's figure. In general, exports, however, posted prominent growth. The growth pace was the most rapid in 2018 when exports increased by 400%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-numerically controlled sharpening machine exports skyrocketed to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 108% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units) and Turkey (X units) prevails in exports structure, together committing 78% of total exports. It was distantly followed by Saudi Arabia (X units) and Bahrain (X units), together making up a 13% share of total exports. Israel (X units) and Lebanon (X units) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of +32.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) remains the largest non-numerically controlled sharpening machine supplier in MENA, comprising 90% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 2.9% share of total exports. It was followed by Lebanon, with a 2.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey was relatively modest. In the other countries, the average annual rates were as follows: the United Arab Emirates (+0.8% per year) and Lebanon (+39.4% per year).

Export Prices by Country

The export price in MENA stood at $X per unit in 2022, with an increase of 65% against the previous year. In general, the export price, however, recorded a deep slump. The pace of growth appeared the most rapid in 2019 when the export price increased by 203%. The level of export peaked at $X per unit in 2015; however, from 2016 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 ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+24.9%), while the other leaders experienced mixed trends in the export price figures.

Imports of Non-Numerically Controlled Sharpening Machines For Working Metal

Imports in MENA

For the third year in a row, MENA recorded growth in supplies from abroad of non-numerically controlled sharpening machines for working metal, which increased by 34% to X units in 2022. In general, imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 96% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, non-numerically controlled sharpening machine imports skyrocketed to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 76%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The purchases of the one major importers of non-numerically controlled sharpening machines for working metal, namely Turkey, represented more than two-thirds of total import.

Turkey was also the fastest-growing in terms of the non-numerically controlled sharpening machines for working metal imports, with a CAGR of +19.5% from 2012 to 2022. From 2012 to 2022, the share of Turkey increased by +21 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported non-numerically controlled sharpening machines for working metal in MENA.

In Turkey, non-numerically controlled sharpening machine imports expanded at an average annual rate of +5.1% over the period from 2012-2022.

Import Prices by Country

The import price in MENA stood at $X per unit in 2022, dropping by -10.5% against the previous year. Overall, the import price continues to indicate a deep reduction. The growth pace was the most rapid in 2018 when the import price increased by 63%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -12.1% per year.

Source: IndexBox Platform