Middle East: Hydraulic Press Market 2025

Hydraulic Press Market Size in the Middle East

The Middle Eastern hydraulic press market rose modestly to $X in 2022, picking up by 1.7% against the previous year. In general, consumption showed a prominent expansion. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Hydraulic Press Production in the Middle East

In value terms, hydraulic press production contracted remarkably to $X in 2022 estimated in export price. In general, production recorded resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of 970% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Hydraulic Press Exports

Exports in the Middle East

In 2022, after two years of growth, there was decline in shipments abroad of hydraulic presses for working metal, when their volume decreased by -1.6% to X units. In general, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of 13,370% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, hydraulic press exports shrank to $X in 2022. Total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +5.2% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of 41%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey dominates exports structure, recording X units, which was near 85% of total exports in 2022. It was distantly followed by the United Arab Emirates (X units), committing a 7.9% share of total exports. Lebanon (X units) followed a long way behind the leaders.

Turkey was also the fastest-growing in terms of the hydraulic presses for working metal exports, with a CAGR of +9.8% from 2012 to 2022. At the same time, Lebanon (+8.2%) displayed positive paces of growth. By contrast, the United Arab Emirates (-2.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Turkey increased by +17 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest hydraulic press supplier in the Middle East, comprising 93% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 4.1% share of total exports.

In Turkey, hydraulic press exports increased at an average annual rate of +7.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (-10.1% per year) and Lebanon (-1.1% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per unit, which is down by -4.6% against the previous year. Over the period under review, the export price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2016 when the export price increased by 11,412%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while Lebanon ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-2.0%), while the other leaders experienced a decline in the export price figures.

Hydraulic Press Imports

Imports in the Middle East

In 2022, approx. X units of hydraulic presses for working metal were imported in the Middle East; dropping by -3.7% against the previous year. Over the period under review, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of 97% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, hydraulic press imports fell significantly to $X in 2022. Overall, imports, however, continue to indicate mild growth. The most prominent rate of growth was recorded in 2021 with an increase of 91% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Israel (X units) and the United Arab Emirates (X units) represented the main importers of hydraulic presses for working metal in the Middle East, together committing 64% of total imports. Turkey (X units) held a 14% share (based on physical terms) of total imports, which put it in second place, followed by Bahrain (5.2%). The following importers - Iraq (X units), Iran (X units) and Kuwait (X units) - each accounted for an 8.8% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Bahrain (with a CAGR of +21.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constitutes the largest market for imported hydraulic presses for working metal in the Middle East, comprising 49% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 14% share of total imports. It was followed by Israel, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value in Turkey amounted to +4.5%. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (-0.5% per year) and Israel (+4.9% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, declining by -21.4% against the previous year. In general, the import price showed a noticeable descent. The growth pace was the most rapid in 2021 an increase of 46% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per unit), while Bahrain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-4.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :