MENA: Centrifugal Cream Separator Market 2024

Centrifugal Cream Separator Market Size in MENA

In 2021, the MENA's centrifugal cream separator market decreased by -40.6% to $X, falling for the fifth consecutive year after three years of growth. Overall, consumption continues to indicate a drastic downturn. The level of consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Centrifugal Cream Separator Production in MENA

In value terms, centrifugal cream separator production reached $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 53%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Centrifugal Cream Separator Exports

Exports in MENA

Centrifugal cream separator exports skyrocketed to X units in 2021, with an increase of 69% against 2020. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2013 when exports increased by 509%. The volume of export peaked in 2021 and is likely to see steady growth in the near future.

In value terms, centrifugal cream separator exports stood at $X in 2021. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 414% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in the near future.

Exports by Country

Turkey prevails in exports structure, reaching X units, which was near 91% of total exports in 2021. It was distantly followed by the United Arab Emirates (X units), mixing up a 5.7% share of total exports. Iran (X units) took a little share of total exports.

From 2012 to 2021, average annual rates of growth with regard to centrifugal cream separator exports from Turkey stood at +43.6%. At the same time, Iran (+63.2%) and the United Arab Emirates (+9.2%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in MENA, with a CAGR of +63.2% from 2012-2021. While the share of Turkey (+37 p.p.) and Iran (+2.8 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the United Arab Emirates (-34.1 p.p.) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest centrifugal cream separator supplier in MENA, comprising 88% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 2.9% share of total exports.

In Turkey, centrifugal cream separator exports increased at an average annual rate of +27.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the United Arab Emirates (+10.6% per year) and Iran (+28.4% per year).

Export Prices by Country

In 2021, the export price in MENA amounted to $X per unit, shrinking by -40.1% against the previous year. Over the period under review, the export price showed a abrupt slump. The growth pace was the most rapid in 2014 when the export price increased by 105% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.3%), while the other leaders experienced a decline in the export price figures.

Centrifugal Cream Separator Imports

Imports in MENA

In 2021, supplies from abroad of centrifugal cream separators was finally on the rise to reach X units after two years of decline. In general, imports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 48% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, centrifugal cream separator imports soared to $X in 2021. Overall, imports, however, showed a abrupt contraction. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Egypt represented the largest importing country with an import of around X units, which finished at 62% of total imports. It was distantly followed by Iran (X units), constituting a 21% share of total imports. The United Arab Emirates (X units), Jordan (X units), Qatar (X units) and Oman (X units) held a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to centrifugal cream separator imports into Egypt stood at -14.8%. At the same time, the United Arab Emirates (+12.0%) and Qatar (+2.0%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in MENA, with a CAGR of +12.0% from 2012-2021. By contrast, Jordan (-3.0%), Iran (-4.9%) and Oman (-16.5%) illustrated a downward trend over the same period. Iran (+11 p.p.), the United Arab Emirates (+3.8 p.p.) and Jordan (+2.4 p.p.) significantly strengthened its position in terms of the total imports, while Egypt saw its share reduced by -15.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest centrifugal cream separator importing markets in MENA were Iran ($X), the United Arab Emirates ($X) and Egypt ($X), together accounting for 67% of total imports.

The United Arab Emirates, with a CAGR of +10.7%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in MENA amounted to $X per unit, growing by 28% against the previous year. In general, the import price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 an increase of 129% against the previous year. Over the period under review, import prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.

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 the United Arab Emirates ($X per unit), while Egypt ($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 (+8.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform