Middle East: Calendering Cylinder Market 2024

Calendering Cylinder Market Size in the Middle East

In 2021, the Middle Eastern calendering cylinder market decreased by -5% to $X for the first time since 2016, thus ending a four-year rising trend. The market value increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2020, and then fell modestly in the following year.

Calendering Cylinder Production in the Middle East

In value terms, calendering cylinder production shrank to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by 32% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then dropped in the following year.

Calendering Cylinder Exports

Exports in the Middle East

After three years of growth, overseas shipments of cylinders for calendering decreased by -40.4% to X units in 2021. In general, exports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2020 with an increase of 64% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, calendering cylinder exports reduced dramatically to $X in 2021. Overall, exports continue to indicate a mild decline. The pace of growth was the most pronounced in 2020 with an increase of 57%. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Turkey was the largest exporter of cylinders for calendering in the Middle East, with the volume of exports resulting at X units, which was near 68% of total exports in 2021. The United Arab Emirates (X units) held the second position in the ranking, followed by Saudi Arabia (X units) and Kuwait (X units). All these countries together took near 24% share of total exports. Yemen (X units) and Syrian Arab Republic (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to calendering cylinder exports from Turkey stood at -2.0%. At the same time, Yemen (+54.2%) displayed positive paces of growth. Moreover, Yemen emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +54.2% from 2012-2021. Kuwait experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-3.7%), Saudi Arabia (-7.3%) and Syrian Arab Republic (-10.9%) illustrated a downward trend over the same period. Turkey (+11 p.p.), Yemen (+4 p.p.) and Kuwait (+1.6 p.p.) significantly strengthened its position in terms of the total exports, while Syrian Arab Republic and Saudi Arabia saw its share reduced by -1.9% and -3.3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest calendering cylinder supplier in the Middle East, comprising 71% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with an 11% share of total exports. It was followed by Kuwait, with a 9.1% share.

In Turkey, calendering cylinder exports expanded at an average annual rate of +3.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the United Arab Emirates (+4.5% per year) and Kuwait (+22.2% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2021, increasing by 20% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.9%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Kuwait ($X per unit), while Syrian Arab Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kuwait (+21.6%), while the other leaders experienced more modest paces of growth.

Calendering Cylinder Imports

Imports in the Middle East

Calendering cylinder imports reduced rapidly to X units in 2021, with a decrease of -17.7% on 2020. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 63%. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, calendering cylinder imports declined to $X in 2021. In general, imports showed a pronounced slump. The pace of growth was the most pronounced in 2020 when imports increased by 42%. The level of import peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

Turkey represented the main importer of cylinders for calendering in the Middle East, with the volume of imports accounting for X units, which was approx. 36% of total imports in 2021. Iran (X units) held a 15% share (based on physical terms) of total imports, which put it in second place, followed by the United Arab Emirates (12%), Israel (12%), Syrian Arab Republic (7.4%), Oman (6.6%) and Kuwait (5.1%).

Imports into Turkey decreased at an average annual rate of -3.9% from 2012 to 2021. At the same time, Syrian Arab Republic (+24.3%), Israel (+10.8%), Kuwait (+6.3%), Iran (+4.2%), Oman (+3.5%) and the United Arab Emirates (+1.7%) displayed positive paces of growth. Moreover, Syrian Arab Republic emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +24.3% from 2012-2021. While the share of Israel (+7.3 p.p.), Syrian Arab Republic (+6.3 p.p.), Iran (+4.5 p.p.), Kuwait (+2.1 p.p.), Oman (+1.7 p.p.) and the United Arab Emirates (+1.6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Turkey (-15.7 p.p.) displayed negative dynamics.

In value terms, Turkey ($X) constitutes the largest market for imported cylinders for calendering in the Middle East, comprising 44% of total imports. The second position in the ranking was taken by Israel ($X), with a 14% share of total imports. It was followed by the United Arab Emirates, with a 12% share.

In Turkey, calendering cylinder imports decreased by an average annual rate of -3.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Israel (+5.8% per year) and the United Arab Emirates (+2.3% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2021, picking up by 4.1% against the previous year. Over the period under review, the import price, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2015 when the import price increased by 20% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Turkey ($X per unit), while Syrian Arab Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kuwait (+7.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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