Middle East: Market for Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings 2025

Market Size for Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings in the Middle East

The Middle Eastern market for bearing housings not incorporating ball or roller bearings, plain shaft bearings amounted to $X in 2021, picking up by 3.2% against the previous year. In general, consumption posted prominent growth. Over the period under review, the market reached the peak level at $X in 2019; afterwards, it flattened through to 2021.

Production of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings in the Middle East

In value terms, bearing housing without ball bearing production rose modestly to $X in 2021 estimated in export price. Overall, production continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2016 with an increase of 59% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings

Exports in the Middle East

In 2021, bearing housing without ball bearing exports in the Middle East soared to X tons, rising by 22% against the previous year's figure. Overall, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 43% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in the immediate term.

In value terms, bearing housing without ball bearing exports soared to $X in 2021. Total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.7% 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 +31.5% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey prevails in exports structure, resulting at X tons, which was near 94% of total exports in 2021. Israel (X tons) and the United Arab Emirates (X tons) held a minor share of total exports.

Turkey was also the fastest-growing in terms of the bearing housings not incorporating ball or roller bearings, plain shaft bearings exports, with a CAGR of +16.8% from 2012 to 2021. At the same time, Israel (+4.6%) and the United Arab Emirates (+2.6%) displayed positive paces of growth. From 2012 to 2021, the share of Turkey increased by +23 percentage points.

In value terms, Turkey ($X) remains the largest bearing housing without ball bearing supplier in the Middle East, comprising 61% of total exports. The second position in the ranking was held by Israel ($X), with a 27% share of total exports.

In Turkey, bearing housing without ball bearing exports increased at an average annual rate of +10.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Israel (+7.3% per year) and the United Arab Emirates (+11.3% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. Over the period under review, the export price saw a perceptible setback. The pace of growth was the most pronounced in 2015 an increase of 37% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per ton), while Turkey ($X per ton) 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 (+8.5%), while the other leaders experienced mixed trends in the export price figures.

Imports of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings

Imports in the Middle East

In 2021, supplies from abroad of bearing housings not incorporating ball or roller bearings, plain shaft bearings increased by 4.4% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by 14%. The volume of import peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, bearing housing without ball bearing imports expanded notably to $X in 2021. The total import value increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2017 when imports increased by 16%. The level of import peaked in 2021 and is expected to retain growth in years to come.

Imports by Country

Turkey was the key importing country with an import of about X tons, which accounted for 52% of total imports. The United Arab Emirates (X tons) held the second position in the ranking, distantly followed by Saudi Arabia (X tons), Iran (X tons) and Iraq (X tons). All these countries together held near 36% share of total imports. Israel (X tons) and Oman (X tons) followed a long way behind the leaders.

Imports into Turkey increased at an average annual rate of +1.9% from 2012 to 2021. At the same time, Iraq (+19.8%), Oman (+12.7%) and Israel (+6.6%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +19.8% from 2012-2021. The United Arab Emirates and Iran experienced a relatively flat trend pattern. By contrast, Saudi Arabia (-9.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Turkey and Iraq increased by +5.6 and +4.4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest bearing housing without ball bearing importing markets in the Middle East were Turkey ($X), the United Arab Emirates ($X) and Saudi Arabia ($X), with a combined 70% share of total imports. These countries were followed by Iraq, Iran, Oman and Israel, which together accounted for a further 20%.

In terms of the main importing countries, Oman, with a CAGR of +17.4%, 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

In 2021, the import price in the Middle East amounted to $X per ton, increasing by 9.6% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2016 when the import price increased by 18%. The level of import peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Oman ($X per ton), while Turkey ($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 (+7.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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