MENA: Market for Pneumatic Or Hydraulic Hand Tools 2025

Market Size for Pneumatic Or Hydraulic Hand Tools in MENA

For the fourth consecutive year, the MENA's market for pneumatic or hydraulic hand tools recorded growth in sales value, which increased by 0.3% to $X in 2021. The market value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the near future.

Production of Pneumatic Or Hydraulic Hand Tools in MENA

In value terms, pneumatic or hydraulic hand tool production contracted to $X in 2021 estimated in export price. The total production indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +50.3% against 2014 indices. The pace of growth was the most pronounced in 2018 with an increase of 22% against the previous year. The level of production peaked at $X in 2020, and then dropped slightly in the following year.

Exports of Pneumatic Or Hydraulic Hand Tools

Exports in MENA

Pneumatic or hydraulic hand tool exports soared to X tons in 2021, rising by 35% on 2020 figures. The total export volume increased at an average annual rate of +4.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when exports increased by 61%. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, pneumatic or hydraulic hand tool exports soared to $X in 2021. Total exports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +55.3% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey represented the key exporter of pneumatic or hydraulic hand tools in MENA, with the volume of exports reaching X tons, which was approx. 51% of total exports in 2021. The United Arab Emirates (X tons) took the second position in the ranking, distantly followed by Saudi Arabia (X tons). All these countries together took approx. 37% share of total exports. Lebanon (X tons), Oman (X tons), Kuwait (X tons) and Israel (X tons) followed a long way behind the leaders.

Exports from Turkey increased at an average annual rate of +6.1% from 2012 to 2021. At the same time, Israel (+7.7%), the United Arab Emirates (+7.3%), Kuwait (+7.2%), Lebanon (+6.4%), Oman (+5.1%) and Saudi Arabia (+2.9%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing exporter exported in MENA, with a CAGR of +7.7% from 2012-2021. Turkey (+7.4 p.p.) and the United Arab Emirates (+5.5 p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia saw its share reduced by -1.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Saudi Arabia ($X) constituted the countries with the highest levels of exports in 2021, together accounting for 87% of total exports.

In terms of the main exporting countries, the United Arab Emirates, with a CAGR of +14.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MENA stood at $X per ton in 2021, growing by 12% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2019 when the export price increased by 40%. The level of export peaked in 2021 and is likely to continue growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+8.9%), while the other leaders experienced more modest paces of growth.

Imports of Pneumatic Or Hydraulic Hand Tools

Imports in MENA

In 2021, purchases abroad of pneumatic or hydraulic hand tools increased by 13% to X tons, rising for the second consecutive year after five years of decline. In general, imports, however, showed a slight slump. The pace of growth was the most pronounced in 2020 with an increase of 31% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, pneumatic or hydraulic hand tool imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a pronounced decrease. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X tons) was the largest importer of pneumatic or hydraulic hand tools, committing 44% of total imports. The United Arab Emirates (X tons) took the second position in the ranking, followed by Iran (X tons) and Saudi Arabia (X tons). All these countries together took approx. 30% share of total imports. The following importers - Iraq (X tons), Algeria (X tons), Lebanon (X tons), Morocco (X tons), Libya (X tons), Israel (X tons), Qatar (X tons) and Oman (X tons) - together made up 21% of total imports.

From 2012 to 2021, average annual rates of growth with regard to pneumatic or hydraulic hand tool imports into Turkey stood at +4.1%. At the same time, Libya (+14.0%), Iraq (+9.5%), the United Arab Emirates (+7.1%), Algeria (+5.4%), Morocco (+5.1%), Israel (+5.0%) and Iran (+4.1%) displayed positive paces of growth. Moreover, Libya emerged as the fastest-growing importer imported in MENA, with a CAGR of +14.0% from 2012-2021. Qatar experienced a relatively flat trend pattern. By contrast, Lebanon (-3.3%), Oman (-4.9%) and Saudi Arabia (-17.1%) illustrated a downward trend over the same period. Turkey (+16 p.p.), the United Arab Emirates (+6.2 p.p.), Iran (+3.3 p.p.), Iraq (+2.6 p.p.), Libya (+1.6 p.p.) and Algeria (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while Saudi Arabia saw its share reduced by -33% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported pneumatic or hydraulic hand tools in MENA, comprising 47% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 15% share of total imports. It was followed by Iran, with a 5.9% share.

From 2012 to 2021, the average annual growth rate of value in Turkey stood at +4.0%. In the other countries, the average annual rates were as follows: the United Arab Emirates (+1.8% per year) and Iran (-2.6% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2021, picking up by 12% against the previous year. In general, the import price, however, showed a slight downturn. The pace of growth was the most pronounced in 2018 when the import price increased by 18% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a 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 ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Qatar (+5.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform