Middle East: Cardan Shaft Market 2020

Cardan Shaft Market Size in Middle East

The revenue of the cardan shaft market in Middle East amounted to $X in 2017, coming up by X% against the previous year. The cardan shaft consumption continues to indicate a measured slump. The growth pace was the most rapid in 2014, when market value increased by X% against the previous year. Over the period under review, the cardan shaft market reached its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Cardan Shaft Production in Middle East

In 2017, the amount of cardan shafts produced in Middle East totaled X units, coming up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011, with an increase of X% against the previous year. Over the period under review, the cardan shaft production reached its maximum volume in 2017, and is expected to retain its growth in the near future.

Cardan Shaft Exports in Middle East

In 2017, approx. X units of cardan shafts were exported in Middle East; dropping by -X% against the previous year. The cardan shaft exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. Over the period under review, the cardan shaft exports reached its peak figure volume of X units in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, cardan shaft exports totaled $X in 2017. The cardan shaft exports continue to indicate a strong expansion. The level of exports peaked in 2017, and are expected to retain its growth in the near future.

Cardan Shaft Exports by Country in Middle East

In 2017, Turkey (X units) represented the largest exporter for cardan shafts, committing X% of total exports. It was distantly followed by Iran (X units), committing X% share of total exports.

Turkey was also the fastest growing in terms of the cardan shafts exports, with a CAGR of +X% from 2007 to 2017. At the same time, Iran (+X%) displayed positive paces of growth. While the share of Iran (-X%) and Turkey (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest cardan shaft supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by Iran ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in Turkey stood at +X%.

Cardan Shaft Export Prices by Country in Middle East

In 2017, the cardan shaft export price in Middle East amounted to $X per unit, surging by X% against the previous year. The cardan shaft export price continues to indicate a perceptible reduction. The growth pace was the most rapid in 2014, an increase of X% against the previous year. The level of export price peaked of $X per unit in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Turkey ($X per unit), while Iran ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Iran (-X% per year).

Cardan Shaft Imports in Middle East

In 2017, cardan shaft imports in Middle East totaled X units, shrinking by -X% against the previous year. The cardan shaft imports continue to indicate a tangible increase. The most prominent rate of growth was recorded in 2008, when imports increased by X% y-o-y. The volume of imports peaked of X units in 2016, and then declined slightly in the following year.

In value terms, cardan shaft imports totaled $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The level of imports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Cardan Shaft Imports by Country in Middle East

Turkey dominates cardan shaft imports structure, amounting to X units, which was approx. X% of total imports in 2017. The United Arab Emirates (X units) ranks second in terms of the global imports with a X% share, followed by Saudi Arabia (X%). Iran (X units) and Israel (X units) took the weak share of total imports.

Turkey was also the fastest growing in terms of the cardan shafts imports, with a CAGR of +X% from 2007 to 2017. At the same time, the United Arab Emirates (+X%) displayed positive paces of growth. Israel experienced a relatively flat trend pattern. By contrast, Iran (-X%) and Saudi Arabia (-X%) illustrated a downward trend over the same period. Saudi Arabia (X%) and Iran (X%) significantly strengthened its position in terms of the global imports, while the United Arab Emirates and Turkey saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported cardan shafts in Middle East, making up X% of global imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global imports. It was followed by Saudi Arabia, with a X% share.

In Turkey, cardan shaft imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and Saudi Arabia (-X% per year).

Cardan Shaft Import Prices by Country in Middle East

The cardan shaft import price in Middle East stood at $X per unit in 2017, rising by X% against the previous year. The cardan shaft import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, an increase of X% y-o-y. Over the period under review, the import prices for cardan shafts reached its peak figure level of $X per unit in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Israel ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform