Middle East: Ironing Machine Market 2022

Ironing Machine Market Size in the Middle East

The Middle Eastern ironing machine market contracted dramatically to $X in 2021, dropping by -X% against the previous year. Overall, consumption recorded a pronounced reduction. The level of consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Ironing Machine Production in the Middle East

In value terms, ironing machine production contracted slightly to $X in 2021 estimated in export price. In general, production, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production reached the peak level at $X in 2020, and then reduced modestly in the following year.

Ironing Machine Exports

Exports in the Middle East

In 2021, after two years of decline, there was growth in shipments abroad of ironing machines and presses, when their volume increased by X% to X units. In general, exports posted notable growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The volume of export peaked at X units in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, ironing machine exports contracted to $X in 2021. Over the period under review, exports recorded noticeable growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates dominates exports structure, amounting to X units, which was near X% of total exports in 2021. Turkey (X units) took the second position in the ranking, followed by Oman (X units). All these countries together held approx. X% share of total exports. Saudi Arabia (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to ironing machine exports from the United Arab Emirates stood at +X%. At the same time, Oman (+X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +X% from 2012-2021. By contrast, Turkey (-X%) and Saudi Arabia (-X%) illustrated a downward trend over the same period. The United Arab Emirates (+X p.p.) and Oman (+X p.p.) significantly strengthened its position in terms of the total exports, while Turkey and Saudi Arabia saw its share reduced by -X% and -X% from 2012 to 2021, respectively.

In value terms, Turkey ($X) remains the largest ironing machine supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2021, the average annual growth rate of value in Turkey stood at +X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (+X% per year) and Saudi Arabia (+X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2021, falling by -X% against the previous year. Over the period under review, the export price recorded a mild decrease. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Turkey ($X per unit), while Oman ($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 (+X%), while the other leaders experienced more modest paces of growth.

Ironing Machine Imports

Imports in the Middle East

In 2021, imports of ironing machines and presses in the Middle East reduced to X units, which is down by -X% compared with the previous year. Overall, imports saw a deep reduction. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, ironing machine imports shrank to $X in 2021. In general, imports showed a abrupt slump. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Oman (X units), distantly followed by Iran (X units), the United Arab Emirates (X units), Iraq (X units), Israel (X units) and Saudi Arabia (X units) were the main importers of ironing machines and presses, together making up X% of total imports. Bahrain (X units) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Bahrain (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported ironing machines and presses in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Iran ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

In Saudi Arabia, ironing machine imports shrank by an average annual rate of -X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Iran (-X% per year) and the United Arab Emirates (-X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2021, reducing by -X% against the previous year. Import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ironing machine import price increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2020, and then contracted in the following year.

Prices varied noticeably country of destination: the country with the highest price was Saudi Arabia ($X per unit), while Oman ($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 (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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