Middle East and North Africa: Market for Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels 2022

Market Size for Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels in Middle East and North Africa

The MENA's market for non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels surged to $X in 2021, with an increase of X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Production of Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels in Middle East and North Africa

In value terms, grease fittings and oil seals production expanded rapidly to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Exports of Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels

Exports in Middle East and North Africa

After two years of decline, shipments abroad of non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels increased by X% to X units in 2021. Overall, exports saw a mild increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of export peaked at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, grease fittings and oil seals exports soared to $X in 2021. Total exports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Turkey represented the largest exporter of non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels in Middle East and North Africa, with the volume of exports recording X units, which was near X% of total exports in 2021. The United Arab Emirates (X units) took the second position in the ranking, distantly followed by Tunisia (X units). All these countries together held approx. X% share of total exports. The following exporters - Egypt (X units) and Bahrain (X units) - each accounted for a X% share of total exports.

From 2012 to 2021, the biggest increases were in Egypt (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Tunisia ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for X% of total exports. These countries were followed by Egypt and Bahrain, which together accounted for a further X the main exporting countries, Egypt, with a CAGR of +X%, 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 hand wheels in Middle East and North Africa stood at $X per unit in 2021, surging by X% against the previous year. In general, the export price continues to indicate a mild expansion. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the the export prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Egypt ($X per unit), while Tunisia ($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 (+X%), while the other leaders experienced more modest paces of growth.

Imports of Non-Automatic Lubricating Pots, Greasing Nipples, Oil Seal Rings And Hand Wheels

Imports in Middle East and North Africa

In 2021, supplies from abroad of non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels was finally on the rise to reach X units after two years of decline. Total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +X% 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.

In value terms, grease fittings and oil seals imports soared to $X in 2021. Total imports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Egypt (X units) represented the key importer of non-automatic lubricating pots, greasing nipples, oil seal rings and hand wheels, committing X% of total imports. The United Arab Emirates (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Turkey (X%), Iran (X%), Oman (X%) and Israel (X%). The following importers - Tunisia (X units) and Algeria (X units) - each resulted at a X% share of total imports.

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

In value terms, Egypt ($X), Turkey ($X) and the United Arab Emirates ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising X% of total imports.

In terms of the main importing countries, Egypt, with a CAGR of +X%, saw the highest growth rate of 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 hand wheels in Middle East and North Africa stood at $X per unit in 2021, flattening at the previous year. In general, the import price, however, recorded a noticeable setback. The growth pace was the most rapid in 2013 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the import prices remained at a somewhat 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 ($X per unit), while Iran ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform