Middle East: Calendering Machine Market 2024

Calendering Machine Market Size in the Middle East

The Middle Eastern calendering machine market soared to $X in 2021, increasing by 97% against the previous year. Over the period under review, consumption recorded a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Calendering Machine Production in the Middle East

In value terms, calendering machine production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed noticeable growth. The pace of growth appeared the most rapid in 2013 with an increase of 180%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Calendering Machine Exports

Exports in the Middle East

In 2021, the amount of calendering and rolling machines exported in the Middle East fell rapidly to X units, reducing by -21.1% compared with 2020. Over the period under review, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 118% against the previous year. The volume of export peaked at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, calendering machine exports totaled $X in 2021. In general, exports showed a noticeable reduction. The growth pace was the most rapid in 2020 with an increase of 53% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Turkey dominates exports structure, resulting at X units, which was near 77% of total exports in 2021. The United Arab Emirates (X units) held a 9% share (based on physical terms) of total exports, which put it in second place, followed by Israel (7.6%). The following exporters - Saudi Arabia (X units), Iran (X units) and Jordan (X units) - each finished at a 5% share of total exports.

Exports from Turkey increased at an average annual rate of +8.4% from 2012 to 2021. At the same time, Jordan (+27.7%), Israel (+16.7%) and Saudi Arabia (+7.0%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +27.7% from 2012-2021. By contrast, the United Arab Emirates (-2.4%) and Iran (-7.4%) illustrated a downward trend over the same period. While the share of Turkey (+12 p.p.) and Israel (+4.3 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Iran (-3.9 p.p.) and the United Arab Emirates (-10.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest calendering machine supplying countries in the Middle East were Turkey ($X), Israel ($X) and the United Arab Emirates ($X), together comprising 93% of total exports. These countries were followed by Saudi Arabia, Iran and Jordan, which together accounted for a further 3.7%.

Jordan, with a CAGR of +14.6%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per unit, rising by 30% against the previous year. Overall, the export price, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 when the export price increased by 39% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a 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 Israel ($X per unit), while Jordan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+2.2%), while the other leaders experienced mixed trends in the export price figures.

Calendering Machine Imports

Imports in the Middle East

In 2021, the amount of calendering and rolling machines imported in the Middle East soared to X units, picking up by 70% compared with 2020 figures. Over the period under review, imports saw a strong increase. The pace of growth was the most pronounced in 2015 with an increase of 83%. Over the period under review, imports reached the maximum at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, calendering machine imports skyrocketed to $X in 2021. Total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +119.0% against 2017 indices. The level of import peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

Turkey was the key importing country with an import of around X units, which accounted for 51% of total imports. It was distantly followed by Qatar (X units), Israel (X units), Iraq (X units) and the United Arab Emirates (X units), together making up a 47% share of total imports.

Imports into Turkey increased at an average annual rate of +8.5% from 2012 to 2021. At the same time, Qatar (+28.3%), Iraq (+18.0%) and the United Arab Emirates (+4.4%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +28.3% from 2012-2021. By contrast, Israel (-4.6%) illustrated a downward trend over the same period. Qatar (+18 p.p.), Turkey (+9.5 p.p.) and Iraq (+3.9 p.p.) significantly strengthened its position in terms of the total imports, while Israel saw its share reduced by -21.3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported calendering and rolling machines in the Middle East, comprising 65% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 13% share of total imports. It was followed by Israel, with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Turkey amounted to +8.4%. In the other countries, the average annual rates were as follows: the United Arab Emirates (+10.6% per year) and Israel (+7.2% per year).

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per unit, reducing by -10.8% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 32%. Over the period under review, import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iraq (+19.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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