MENA: Market for Parts Of Harvester And Threshers 2025

Market Size for Parts Of Harvester And Threshers in MENA

The MENA's market for parts of harvester and threshers soared to $X in 2021, picking up by 119% against the previous year. In general, consumption enjoyed a strong increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Parts Of Harvester And Threshers in MENA

In value terms, parts of harvester and threshers production soared to $X in 2021 estimated in export price. Overall, production enjoyed a strong expansion. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Parts Of Harvester And Threshers

Exports in MENA

In 2021, approx. X units of parts of harvester and threshers were exported in MENA; growing by 86% on 2020 figures. Overall, exports continue to indicate buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, parts of harvester and threshers exports soared to $X in 2021. Total exports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Turkey (X units) represented the major exporter of parts of harvester and threshers, constituting 85% of total exports. It was distantly followed by Israel (X units), making up a 14% share of total exports.

Turkey was also the fastest-growing in terms of the parts of harvester and threshers exports, with a CAGR of +8.8% from 2012 to 2021. Israel (-3.1%) illustrated a downward trend over the same period. Turkey (+18 p.p.) significantly strengthened its position in terms of the total exports, while Israel saw its share reduced by -17.6% from 2012 to 2021, respectively.

In value terms, the largest parts of harvester and threshers supplying countries in MENA were Turkey ($X) and Israel ($X).

Turkey, with a CAGR of +9.4%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2021, the export price in MENA amounted to $X per unit, waning by -24.9% against the previous year. Over the period under review, the export price showed a mild downturn. The pace of growth appeared the most rapid in 2017 when the export price increased by 56%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a 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 Turkey amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+2.6%).

Imports of Parts Of Harvester And Threshers

Imports in MENA

In 2021, overseas purchases of parts of harvester and threshers were finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. Total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, parts of harvester and threshers imports soared to $X in 2021. Total imports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Algeria (X units) and Turkey (X units) represented roughly 55% of total imports in 2021. Iraq (X units) ranks next in terms of the total imports with a 13% share, followed by Israel (8.7%) and Iran (4.7%). The following importers - Libya (X units) and Tunisia (X units) - together made up 7% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Iraq (with a CAGR of +18.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest parts of harvester and threshers importing markets in MENA were Turkey ($X), Algeria ($X) and Israel ($X), together accounting for 72% of total imports. Iraq, Tunisia, Iran and Libya lagged somewhat behind, together comprising a further 18%.

Among the main importing countries, Iraq, with a CAGR of +18.7%, recorded the highest rates of growth with regard to the value of imports, 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 unit in 2021, shrinking by -6.5% against the previous year. Over the period under review, the import price recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2018 an increase of 29%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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 Israel ($X per unit), while Iraq ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tunisia (+3.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform