Middle East: Diamonded Drilling Tools Market 2020

Diamonded Drilling Tools Market Size in Middle East

The revenue of the diamonded drilling tools market in Middle East amounted to $X in 2017, going down by -X% against the previous year. The diamonded drilling tools consumption continues to indicate a prominent growth. The pace of growth was the most pronounced in 2014, when it surged by X% year-to-year. The level of diamonded drilling tools consumption peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Diamonded Drilling Tools Production in Middle East

The diamonded drilling tools production stood at X units in 2017, coming up by X% against the previous year. The diamonded drilling tools production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, when the output figure increased by X% year-to-year. Over the period under review, the diamonded drilling tools production reached its peak figure volume of X units in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Diamonded Drilling Tools Exports in Middle East

In 2017, approx. X units of drilling tools with working part of diamond were exported in Middle East; remaining stable against the previous year. The diamonded drilling tools exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013, with an increase of X% year-to-year. The volume of exports peaked of X units in 2016, leveling off in the following year.

In value terms, diamonded drilling tools exports stood at $X in 2017. The diamonded drilling tools exports continue to indicate a strong growth. In that year, the diamonded drilling tools exports reached their peak level of $X. From 2015 to 2017, growth of the diamonded drilling tools exports failed to regain its momentum.

Diamonded Drilling Tools Exports by Country in Middle East

The United Arab Emirates (X units) and Turkey (X units) dominates diamonded drilling tools exports structure, together constituting X% of total exports. It was distantly followed by Israel (X units), constituting X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Israel (+X% per year), while the other leaders experienced mixed trends in the exports figures.

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

In Turkey, diamonded drilling tools exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: the United Arab Emirates (-X% per year) and Israel (+X% per year).

Diamonded Drilling Tools Export Prices by Country in Middle East

The diamonded drilling tools export price in Middle East stood at $X per unit in 2017, dropping by -X% against the previous year. The diamonded drilling tools export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2014, when it surged by X% against the previous year. Over the period under review, the export prices for drilling tools with working part of diamond attained its maximum level of $X per unit in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Israel ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Diamonded Drilling Tools Imports in Middle East

In 2017, imports of drilling tools with working part of diamond in Middle East stood at X units, shrinking by -X% against the previous year. The diamonded drilling tools imports continue to indicate a mild contraction. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. Over the period under review, the diamonded drilling tools imports reached its maximum volume of X units in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, diamonded drilling tools imports amounted to $X in 2017. The diamonded drilling tools imports continue to indicate a slight decrease. Over the period under review, the diamonded drilling tools imports attained its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Diamonded Drilling Tools Imports by Country in Middle East

In 2017, the United Arab Emirates (X units) and Turkey (X units) were the main importers of drilling tools with working part of diamond in the globe, together finishing at approx. X% of total imports. Iran (X units) took a X% share (based on tons) of total imports, which put it in second place, followed by Israel (X%) and Saudi Arabia (X%). Qatar (X units) and Kuwait (X units) took the mild share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Kuwait (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Iran ($X) constituted the countries with the highest levels of imports in 2017, together accounting for X% of total imports. Israel, Saudi Arabia, Qatar and Kuwait lagged somewhat behind, together accounting for a further X%.

Kuwait (+X% per year) recorded the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Diamonded Drilling Tools Import Prices by Country in Middle East

The diamonded drilling tools import price in Middle East stood at $X per unit in 2017, going up by X% against the previous year. The diamonded drilling tools import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009, when the import prices increased by X% year-to-year. The level of import price peaked of $X per unit in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

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

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Qatar (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform