Middle East: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Market Size in the Middle East

The Middle Eastern confectionery-making industrial machinery market reached $X in 2022, with an increase of 5.1% against the previous year. Overall, consumption saw a resilient increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Confectionery-Making Industrial Machinery Production in the Middle East

In value terms, confectionery-making industrial machinery production declined significantly to $X in 2022 estimated in export price. Overall, production recorded a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 357%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Confectionery-Making Industrial Machinery Exports

Exports in the Middle East

In 2022, approx. X units of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate were exported in the Middle East; picking up by 7.5% compared with the year before. In general, exports showed a resilient increase. The pace of growth was the most pronounced in 2013 when exports increased by 47%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, confectionery-making industrial machinery exports expanded markedly to $X in 2022. Over the period under review, exports showed a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of 47% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

Exports by Country

Turkey prevails in exports structure, accounting for X units, which was approx. 94% of total exports in 2022. Lebanon (X units) and the United Arab Emirates (X units) took a minor share of total exports.

Exports from Turkey increased at an average annual rate of +13.8% from 2012 to 2022. At the same time, the United Arab Emirates (+25.0%) and Lebanon (+9.8%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +25.0% from 2012-2022. Turkey (+8.2 p.p.) and the United Arab Emirates (+1.6 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest confectionery-making industrial machinery supplier in the Middle East, comprising 89% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 5.3% share of total exports.

In Turkey, confectionery-making industrial machinery exports expanded at an average annual rate of +13.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (+27.2% per year) and Lebanon (+12.4% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, with an increase of 6.4% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the export price increased by 22%. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+2.4%), while the other leaders experienced more modest paces of growth.

Confectionery-Making Industrial Machinery Imports

Imports in the Middle East

In 2022, imports of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate in the Middle East skyrocketed to X units, jumping by 27% compared with 2021 figures. Total imports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +129.7% against 2016 indices. The pace of growth appeared the most rapid in 2019 with an increase of 55%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, confectionery-making industrial machinery imports reached $X in 2022. Total imports indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.9% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of 41% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Iran represented the major importing country with an import of around X units, which recorded 35% of total imports. Turkey (X units) took the second position in the ranking, followed by the United Arab Emirates (X units), Iraq (X units), Jordan (X units), Lebanon (X units) and Israel (X units). All these countries together held near 61% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Iraq (with a CAGR of +42.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest confectionery-making industrial machinery importing markets in the Middle East were Turkey ($X), Iran ($X) and the United Arab Emirates ($X), with a combined 68% share of total imports. These countries were followed by Israel, Jordan, Iraq and Lebanon, which together accounted for a further 18%.

In terms of the main importing countries, Iraq, with a CAGR of +37.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per unit, with a decrease of -20% against the previous year. Overall, the import price continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2018 when the import price increased by 31%. Over the period under review, import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+9.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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