Middle East: Gear Cutting Machine Market 2025

Gear Cutting Machine Market Size in the Middle East

In 2021, the Middle Eastern gear cutting machine market increased by 62% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, showed a mild slump. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Gear Cutting Machine Production in the Middle East

In value terms, gear cutting machine production surged to $X in 2021 estimated in export price. The total production indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -12.9% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by 19%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Gear Cutting Machine Exports

Exports in the Middle East

In 2021, shipments abroad of gear cutting, gear grinding or gear finishing machines decreased by -14.9% to X units, falling for the second year in a row after three years of growth. Over the period under review, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2015 when exports increased by 117%. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, gear cutting machine exports shrank slightly to $X in 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 101% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X units) and Turkey (X units) dominates exports structure, together constituting 80% of total exports. The United Arab Emirates (X units) held the next position in the ranking, followed by Bahrain (X units) and Israel (X units). All these countries together took near 18% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Bahrain (with a CAGR of +30.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest gear cutting machine supplying countries in the Middle East were Turkey ($X), Saudi Arabia ($X) and the United Arab Emirates ($X), together comprising 91% of total exports. These countries were followed by Bahrain and Israel, which together accounted for a further 1%.

Bahrain, with a CAGR of +16.2%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per unit, rising by 17% against the previous year. Over the period under review, the export price, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2016 when the export price increased by 52%. The level of export peaked at $X per unit in 2017; however, from 2018 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 ($X per unit), while Bahrain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (-7.7%), while the other leaders experienced a decline in the export price figures.

Gear Cutting Machine Imports

Imports in the Middle East

In 2021, after two years of decline, there was significant growth in overseas purchases of gear cutting, gear grinding or gear finishing machines, when their volume increased by 53% to X units. In general, imports, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2013 when imports increased by 530%. The volume of import peaked at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, gear cutting machine imports dropped to $X in 2021. Total imports indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +151.8% against 2018 indices. The most prominent rate of growth was recorded in 2020 with an increase of 82% against the previous year. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

Qatar (X units) and Iran (X units) represented the main importers of gear cutting, gear grinding or gear finishing machines in 2021, finishing at near 33% and 33% of total imports, respectively. Israel (X units) ranks next in terms of the total imports with a 14% share, followed by Turkey (12%) and the United Arab Emirates (5.1%). Iraq (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Israel (with a CAGR of +26.9%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Turkey ($X) constitutes the largest market for imported gear cutting, gear grinding or gear finishing machines in the Middle East, comprising 80% of total imports. The second position in the ranking was held by Iran ($X), with a 3.5% share of total imports. It was followed by Israel, with a 2.9% share.

In Turkey, gear cutting machine imports expanded at an average annual rate of +4.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Iran (+11.7% per year) and Israel (+22.3% per year).

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per unit, which is down by -37.7% against the previous year. In general, the import price, however, posted a strong increase. The pace of growth appeared the most rapid in 2016 an increase of 821%. The level of import peaked at $X per unit in 2020, and then reduced dramatically in the following year.

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 Turkey ($X per unit), while Qatar ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+15.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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