Middle East: Centrifuge Market 2020

Centrifuge Market Size in Middle East

The revenue of the centrifuge market in Middle East amounted to $X in 2017, going up by X% against the previous year. The centrifuge consumption continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2017, when it surged by X% y-o-y. In that year, the centrifuge market reached their peak level, and is likely to continue its growth in the immediate term.

Centrifuge Production in Middle East

In 2017, centrifuge production in Middle East totaled X units, declining by -X% against the previous year. The centrifuge production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012, when the output figure increased by X% against the previous year. Over the period under review, the centrifuge production attained its maximum volume of X units in 2016, and then declined slightly in the following year.

Centrifuge Exports in Middle East

In 2017, centrifuge exports in Middle East stood at X units, growing by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2011, with an increase of X% against the previous year. In that year, the centrifuge exports reached their peak volume of X units. From 2012 to 2017, growth of the centrifuge exports stood at a somewhat lower level.

In value terms, centrifuge exports stood at $X in 2017. The centrifuge exports continue to indicate a prominent expansion. In that year, the centrifuge exports reached their peak level, and are likely to continue its growth in the immediate term.

Centrifuge Exports by Country in Middle East

Turkey represented the major exporting country with an export of about X units, which finished at X% of total exports. It was distantly followed by the United Arab Emirates (X units) and Israel (X units), together achieving X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to centrifuge exports from Turkey stood at +X%. At the same time, the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. By contrast, Israel (-X%) illustrated a downward trend over the same period. While the share of Israel (X%) increased significantly in terms of the global exports from 2007-2017, the share of the United Arab Emirates (-X%) and Turkey (-X%) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest centrifuge supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global exports. It was followed by Israel, with a X% share.

In Turkey, centrifuge exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (+X% per year) and Israel (+X% per year).

Centrifuge Export Prices by Country in Middle East

In 2017, the centrifuge export price in Middle East amounted to $X thousand per unit, going up by X% against the previous year. The centrifuge export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2013, when it surged by X% against the previous year. Over the period under review, the export prices for centrifuges reached its peak figure level in 2017, and is likely to continue its growth in the near future.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in the United Arab Emirates ($X thousand per unit) and Israel ($X thousand per unit), while Turkey ($X thousand per unit) and Israel ($X thousand per unit) were amongst the lowest.

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

Centrifuge Imports in Middle East

In 2017, imports of centrifuges in Middle East amounted to X units, growing by X% against the previous year. The total imports indicated a perceptible increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the centrifuge imports decreased by -X% against 2015 indices. The growth pace was the most rapid in 2014, when imports increased by X% year-to-year. The volume of imports peaked of X units in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, centrifuge imports totaled $X in 2017. The centrifuge imports continue to indicate a relatively flat trend pattern. Over the period under review, the centrifuge imports attained its maximum level of $X in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Centrifuge Imports by Country in Middle East

The United Arab Emirates represented the key importer of centrifuges in Middle East, with the volume of imports recording X units, which was near X% of total imports in 2017. It was distantly followed by Turkey (X units), Saudi Arabia (X units), Oman (X units) and Iran (X units), together committing X% share of total imports. The following importers - Israel (X units) and Lebanon (X units) together made up X% of total imports.

The United Arab Emirates was also the fastest growing in terms of the centrifuges imports, with a CAGR of +X% from 2007 to 2017. At the same time, Israel (+X%), Turkey (+X%), Oman (+X%), Iran (+X%) and Lebanon (+X%) displayed positive paces of growth. By contrast, Saudi Arabia (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Saudi Arabia increased by X% percentage points, while Oman (-X%), Israel (-X%), Turkey (-X%) and the United Arab Emirates (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Iran ($X) appeared to be the countries with the highest levels of imports in 2017, together accounting for X% of total imports.

The United Arab Emirates (+X% per year) recorded the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Centrifuge Import Prices by Country in Middle East

The centrifuge import price in Middle East stood at $X thousand per unit in 2017, dropping by -X% against the previous year. The centrifuge import price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2016, an increase of X% y-o-y. The level of import price peaked of $X thousand per unit in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Iran ($X thousand per unit), while the United Arab Emirates ($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 Lebanon (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform