Middle East: Cutting Blade Market 2025

Cutting Blade Market Size in the Middle East

The Middle Eastern cutting blade market rose notably to $X in 2021, growing by 9.5% against the previous year. The market value increased at an average annual rate of +3.0% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Cutting Blade Production in the Middle East

In value terms, cutting blade production expanded remarkably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of 37% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

Cutting Blade Exports

Exports in the Middle East

In 2021, exports of knives and cutting blades (for machines or for mechanical appliances) in the Middle East surged to X tons, rising by 89% compared with 2020. In general, exports enjoyed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cutting blade exports surged to $X in 2021. Over the period under review, exports recorded a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey dominates exports structure, reaching X tons, which was approx. 84% of total exports in 2021. It was distantly followed by the United Arab Emirates (X tons) and Israel (X tons), together comprising a 13% share of total exports. Saudi Arabia (X tons) held a minor share of total exports.

Turkey was also the fastest-growing in terms of the knives and cutting blades (for machines or for mechanical appliances) exports, with a CAGR of +21.6% from 2012 to 2021. At the same time, Saudi Arabia (+12.3%), the United Arab Emirates (+10.4%) and Israel (+1.9%) displayed positive paces of growth. Turkey (+24 p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates and Israel saw its share reduced by -5.4% and -14.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest cutting blade supplier in the Middle East, comprising 63% of total exports. The second position in the ranking was taken by Israel ($X), with a 30% share of total exports. It was followed by the United Arab Emirates, with a 4.5% share.

In Turkey, cutting blade exports expanded at an average annual rate of +16.1% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Israel (+2.3% per year) and the United Arab Emirates (+5.4% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2021, shrinking by -17.6% against the previous year. Over the period under review, the export price showed a abrupt descent. The growth pace was the most rapid in 2018 an increase of 19%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Israel ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+0.4%), while the other leaders experienced a decline in the export price figures.

Cutting Blade Imports

Imports in the Middle East

In 2021, purchases abroad of knives and cutting blades (for machines or for mechanical appliances) increased by 23% to X tons, rising for the third year in a row after three years of decline. Total imports indicated a notable expansion from 2012 to 2021: its volume increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +84.1% against 2018 indices. The pace of growth appeared the most rapid in 2020 with an increase of 29%. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, cutting blade imports soared to $X in 2021. The total import value increased at an average annual rate of +3.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Turkey (X tons) and Saudi Arabia (X tons) were the key importers of knives and cutting blades (for machines or for mechanical appliances) in the Middle East, together creating 64% of total imports. Iran (X tons) took the next position in the ranking, followed by the United Arab Emirates (X tons). All these countries together took near 20% share of total imports. The following importers - Iraq (X tons), Israel (X tons), Qatar (X tons) and Jordan (X tons) - together made up 11% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Iraq (with a CAGR of +11.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constitutes the largest market for imported knives and cutting blades (for machines or for mechanical appliances) in the Middle East, comprising 43% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 14% share of total imports. It was followed by the United Arab Emirates, with a 13% share.

In Turkey, cutting blade imports expanded at an average annual rate of +2.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Saudi Arabia (+1.5% per year) and the United Arab Emirates (+7.6% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2021, declining by -4.4% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 20% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Israel ($X per ton), while Saudi Arabia ($X per ton) 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 (+4.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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