Middle East: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in the Middle East

The Middle Eastern gravimetric filling machine market surged to $X in 2022, growing by 35% against the previous year. Over the period under review, consumption recorded a significant increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Gravimetric Filling Machine Production in the Middle East

In value terms, gravimetric filling machine production soared to $X in 2022 estimated in export price. In general, production recorded significant growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by 453% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Gravimetric Filling Machine Exports

Exports in the Middle East

In 2022, gravimetric filling machine exports in the Middle East surged to X units, increasing by 56% compared with 2021 figures. In general, exports, however, continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2017 with an increase of 120% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, gravimetric filling machine exports contracted to $X in 2022. Overall, exports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of 203%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates was the main exporting country with an export of about X units, which resulted at 69% of total exports. It was distantly followed by Turkey (X units), mixing up a 29% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the automatic gravimetric filling machines exports, with a CAGR of +12.3% from 2012 to 2022. Turkey (-13.7%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+55 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Turkey (-55.1 p.p.) displayed negative dynamics.

In value terms, the largest gravimetric filling machine supplying countries in the Middle East were Turkey ($X) and the United Arab Emirates ($X).

The United Arab Emirates, with a CAGR of +13.3%, 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 2022, the export price in the Middle East amounted to $X per unit, dropping by -44.6% against the previous year. In general, the export price showed a pronounced setback. The growth pace was the most rapid in 2021 an increase of 75%. As a result, the export price reached the peak level of $X per unit, and then declined rapidly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the United Arab Emirates stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.0%).

Gravimetric Filling Machine Imports

Imports in the Middle East

In 2022, imports of automatic gravimetric filling machines in the Middle East dropped rapidly to X units, declining by -30.4% against the previous year's figure. Over the period under review, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 102%. Over the period under review, imports reached the maximum at X units in 2021, and then shrank dramatically in the following year.

In value terms, gravimetric filling machine imports reduced to $X in 2022. Overall, imports showed a noticeable reduction. The pace of growth appeared the most rapid in 2016 when imports increased by 14% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Iraq represented the major importing country with an import of about X units, which accounted for 67% of total imports. It was distantly followed by the United Arab Emirates (X units), making up a 12% share of total imports. Turkey (X units), Bahrain (X units), Yemen (X units), Kuwait (X units), Israel (X units) and Iran (X units) followed a long way behind the leaders.

Iraq was also the fastest-growing in terms of the automatic gravimetric filling machines imports, with a CAGR of +21.4% from 2012 to 2022. At the same time, Israel (+3.9%) and Bahrain (+3.4%) displayed positive paces of growth. Turkey experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-2.4%), Kuwait (-5.2%), Yemen (-6.5%) and Iran (-9.9%) illustrated a downward trend over the same period. Iraq (+49 p.p.) significantly strengthened its position in terms of the total imports, while Bahrain, Turkey, Kuwait, Iran, Yemen and the United Arab Emirates saw its share reduced by -1.6%, -4%, -5.2%, -7.8%, -9.4% and -17.4% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported automatic gravimetric filling machines in the Middle East, comprising 36% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with an 18% share of total imports. It was followed by Israel, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey was relatively modest. In the other countries, the average annual rates were as follows: the United Arab Emirates (-6.9% per year) and Israel (+2.6% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, picking up by 23% against the previous year. Over the period under review, the import price, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2016 when the import price increased by 235% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per unit), while Iraq ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Yemen (+7.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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