Middle East: Dry-Cleaning Machine Market 2024

Dry-Cleaning Machine Market Size in the Middle East

In 2021, the Middle Eastern dry-cleaning machine market decreased by -49% to $X for the first time since 2016, thus ending a four-year rising trend. Overall, consumption, however, showed a buoyant expansion. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Dry-Cleaning Machine Production in the Middle East

In value terms, dry-cleaning machine production contracted sharply to $X in 2021 estimated in export price. Over the period under review, production, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 3,806%. As a result, production attained the peak level of $X, and then dropped rapidly in the following year.

Dry-Cleaning Machine Exports

Exports in the Middle East

After two years of decline, overseas shipments of dry-cleaning machines increased by 44% to X units in 2021. Over the period under review, exports, however, continue to indicate a mild decline. The pace of growth appeared the most rapid in 2017 when exports increased by 100% 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, dry-cleaning machine exports totaled $X in 2021. In general, exports, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2017 when exports increased by 125%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

In 2021, Israel (X units), the United Arab Emirates (X units) and Turkey (X units) was the key exporter of dry-cleaning machines in the Middle East, generating 90% of total export. It was distantly followed by Jordan (X units), achieving a 5.4% share of total exports. Oman (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Israel (with a CAGR of +2.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) remains the largest dry-cleaning machine supplier in the Middle East, comprising 59% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 20% share of total exports. It was followed by Israel, with a 13% share.

In Turkey, dry-cleaning machine exports declined by an average annual rate of -4.4% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (-3.3% per year) and Israel (+21.7% per year).

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per unit, dropping by -29.1% against the previous year. In general, the export price recorded a mild curtailment. The pace of growth was the most pronounced in 2015 when the export price increased by 41%. As a result, the export price attained the peak level of $X per unit. From 2016 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 Turkey ($X per unit), while Israel ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+19.0%), while the other leaders experienced more modest paces of growth.

Dry-Cleaning Machine Imports

Imports in the Middle East

In 2021, overseas purchases of dry-cleaning machines decreased by -65.1% to X units, falling for the second year in a row after two years of growth. Over the period under review, imports faced a abrupt shrinkage. The growth pace was the most rapid in 2019 with an increase of 2,322% against the previous year. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, dry-cleaning machine imports surged to $X in 2021. In general, imports saw a abrupt setback. The pace of growth was the most pronounced in 2017 when imports increased by 31%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Qatar represented the main importing country with an import of about X units, which amounted to 67% of total imports. It was distantly followed by the United Arab Emirates (X units), comprising a 14% share of total imports. Israel (X units), Iraq (X units), Kuwait (X units), Iran (X units) and Turkey (X units) took a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to dry-cleaning machine imports into Qatar stood at -14.6%. At the same time, Israel (+4.4%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +4.4% from 2012-2021. By contrast, Kuwait (-5.7%), Iran (-6.4%), the United Arab Emirates (-6.7%), Iraq (-8.6%) and Turkey (-15.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Qatar, the United Arab Emirates, Israel, Kuwait, Iraq and Iran increased by +21, +9.4, +3.9, +2.3, +2.1 and +2.1 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported dry-cleaning machines in the Middle East, comprising 36% of total imports. The second position in the ranking was taken by Kuwait ($X), with a 15% share of total imports. It was followed by Turkey, with a 10% share.

In the United Arab Emirates, dry-cleaning machine imports contracted by an average annual rate of -10.6% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Kuwait (-4.1% per year) and Turkey (-15.3% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2021, rising by 256% against the previous year. Overall, the import price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2020 when the import price increased by 610%. The level of import peaked at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Kuwait ($X per unit), while Qatar ($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 (+19.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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