Middle East: Electromechanical Hand Drill Market 2020

Electromechanical Hand Drill Market Size in Middle East

The revenue of the electromechanical hand drill market in Middle East amounted to $X in 2017, dropping by -X% against the previous year. The electromechanical hand drill consumption continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2009, with an increase of X% y-o-y. The level of electromechanical hand drill consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Electromechanical Hand Drill Production in Middle East

The electromechanical hand drill production amounted to X units in 2017, waning by -X% against the previous year. The electromechanical hand drill production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, with an increase of X% year-to-year. The volume of electromechanical hand drill production peaked of X units in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Electromechanical Hand Drill Exports in Middle East

The exports amounted to X units in 2017, waning by -X% against the previous year. The electromechanical hand drill exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2012, when exports increased by X% against the previous year. Over the period under review, the electromechanical hand drill exports attained its maximum volume of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, electromechanical hand drill exports stood at $X in 2017. The electromechanical hand drill exports continue to indicate a temperate expansion. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Electromechanical Hand Drill Exports by Country in Middle East

The United Arab Emirates prevails in electromechanical hand drill exports structure, amounting to X units, which was approx. X% of total exports in 2017. It was distantly followed by Turkey (X units), committing X% share of total exports.

The United Arab Emirates was also the fastest growing in terms of the electromechanical hand drills of all kinds exports, with a CAGR of +X% from 2007 to 2017. Turkey (-X%) illustrated a downward trend over the same period. The United Arab Emirates (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual growth rate of value in the United Arab Emirates totaled +X%.

Electromechanical Hand Drill Export Prices by Country in Middle East

The electromechanical hand drill export price in Middle East stood at $X per thousand units in 2017, reducing by -X% against the previous year. The electromechanical hand drill export price continues to indicate a drastic setback. The most prominent rate of growth was recorded in 2009, 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 failed to regain its momentum.

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 ($X per unit), while the United Arab Emirates ($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 the United Arab Emirates (-X% per year).

Electromechanical Hand Drill Imports in Middle East

The imports stood at X units in 2017, going up by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014, with an increase of X% y-o-y. The volume of imports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, electromechanical hand drill imports stood at $X in 2017. The total imports indicated a temperate growth from 2007 to 2017: its value 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 electromechanical hand drill imports decreased by -X% against 2014 indices. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Electromechanical Hand Drill Imports by Country in Middle East

The United Arab Emirates represented the major importing country with an import of about X units, which reached X% of total imports. Turkey (X units) ranks second in terms of the global imports with a X% share, followed by Iran (X%), Saudi Arabia (X%), Qatar (X%) and Iraq (X%). Oman (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to electromechanical hand drill imports into the United Arab Emirates stood at +X%. At the same time, Iraq (+X%), Oman (+X%) and Qatar (+X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. Turkey and Iran experienced a relatively flat trend pattern. 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%), Qatar (-X%), Iraq (-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, the largest electromechanical hand drill markets worldwide were the United Arab Emirates ($X), Turkey ($X) and Iran ($X), with a combined X% share of total imports. These countries were followed by Saudi Arabia, Qatar, Iraq and Oman, which together accounted for a further X%.

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

Electromechanical Hand Drill Import Prices by Country in Middle East

The electromechanical hand drill import price in Middle East stood at $X per unit in 2017, declining by -X% against the previous year. The electromechanical hand drill import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009, an increase of X% year-to-year. The level of import price peaked of $X per unit in 2012; however, from 2013 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 Turkey ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform