MENA: Pile-Driver Market 2025

Pile-Driver Market Size in MENA

The MENA's pile-driver market soared to $X in 2021, jumping by 24% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Pile-Driver Production in MENA

In value terms, pile-driver production fell to $X in 2021 estimated in export price. In general, production, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 when the production volume increased by 10% 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.

Pile-Driver Exports

Exports in MENA

In 2021, overseas shipments of pile-drivers and pile-extractors were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, exports recorded a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, pile-driver exports soared to $X in 2021. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey (X units) and Saudi Arabia (X units) prevails in exports structure, together achieving 76% of total exports. Kuwait (X units) ranks next in terms of the total exports with a 6.6% share, followed by Bahrain (5.7%) and the United Arab Emirates (4.6%). Oman (X units) and Israel (X units) took a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Kuwait (with a CAGR of +45.9%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) remains the largest pile-driver supplier in MENA, comprising 58% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 20% share of total exports. It was followed by the United Arab Emirates, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Turkey totaled +43.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (+21.2% per year) and the United Arab Emirates (+8.5% per year).

Export Prices by Country

In 2021, the export price in MENA amounted to $X per unit, increasing by 27% against the previous year. Export price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, pile-driver export price increased by +67.4% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the export price increased by 52% against the previous year. Over the period under review, the export prices attained the peak figure in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was the United Arab Emirates ($X per unit), while Israel ($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 (+9.3%), while the other leaders experienced more modest paces of growth.

Pile-Driver Imports

Imports in MENA

In 2021, approx. X units of pile-drivers and pile-extractors were imported in MENA; jumping by 54% compared with the previous year's figure. In general, imports recorded temperate growth. The most prominent rate of growth was recorded in 2018 with an increase of 137%. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, pile-driver imports surged to $X in 2021. Overall, imports saw prominent growth. The growth pace was the most rapid in 2014 when imports increased by 181%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates dominates imports structure, accounting for X units, which was approx. 71% of total imports in 2021. It was distantly followed by Egypt (X units), achieving a 5.5% share of total imports. The following importers - Iraq (X units), Jordan (X units), Oman (X units), Lebanon (X units), Morocco (X units), Bahrain (X units), Israel (X units) and Syrian Arab Republic (X units) - together made up 21% of total imports.

From 2012 to 2021, average annual rates of growth with regard to pile-driver imports into the United Arab Emirates stood at +28.6%. At the same time, Israel (+33.0%), Jordan (+23.7%), Egypt (+23.4%), Bahrain (+16.1%) and Iraq (+10.4%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in MENA, with a CAGR of +33.0% from 2012-2021. By contrast, Syrian Arab Republic (-3.6%), Morocco (-3.8%), Oman (-9.1%) and Lebanon (-24.9%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+61 p.p.), Egypt (+4.3 p.p.), Jordan (+3.1 p.p.) and Iraq (+1.8 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Syrian Arab Republic (-1.6 p.p.), Morocco (-2.5 p.p.), Oman (-7.5 p.p.) and Lebanon (-45.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported pile-drivers and pile-extractors in MENA, comprising 54% of total imports. The second position in the ranking was held by Egypt ($X), with a 3.3% share of total imports. It was followed by Jordan, with a 2.9% share.

In the United Arab Emirates, pile-driver imports increased at an average annual rate of +24.4% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Egypt (+21.4% per year) and Jordan (+13.8% per year).

Import Prices by Country

The import price in MENA stood at $X per unit in 2021, reducing by -2.3% against the previous year. Overall, the import price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 an increase of 74% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Israel ($X per unit), while Syrian Arab Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bahrain (-0.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform