Middle East: Metal Removing Lathe Market 2020

Metal Removing Lathe Market Size in Middle East

The revenue of the metal removing lathe market in Middle East amounted to $X in 2017, coming up by X% against the previous year. The metal removing lathe consumption continues to indicate an outstanding increase. The most prominent rate of growth was recorded in 2008, with an increase of X% against the previous year. Over the period under review, the metal removing lathe market attained its maximum level of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Metal Removing Lathe Production in Middle East

In 2017, the amount of lathes, including turning centres, for removing metal produced in Middle East stood at X units, growing by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2013, with an increase of X% year-to-year. The volume of metal removing lathe production peaked in 2017, and is expected to retain its growth in the near future.

Metal Removing Lathe Exports in Middle East

In 2017, approx. X units of lathes, including turning centres, for removing metal were exported in Middle East; shrinking by -X% against the previous year. The metal removing lathe exports continue to indicate a temperate downturn. The growth pace was the most rapid in 2011, when exports increased by X% year-to-year. Over the period under review, the metal removing lathe exports reached its maximum volume of X units in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, metal removing lathe exports amounted to $X in 2017. The total exports indicated a remarkable increase from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal removing lathe exports decreased by -X% against 2015 indices. In that year, the metal removing lathe exports attained their peak level of $X. From 2016 to 2017, growth of the metal removing lathe exports stood at a somewhat lower level.

Metal Removing Lathe Exports by Country in Middle East

Jordan dominates metal removing lathe exports structure, amounting to X units, which was approx. X% of total exports in 2017. It was distantly followed by Kuwait (X units), creating X% share of total exports. Oman (X units) followed a long way behind the leaders.

Exports from Jordan decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Kuwait (+X%) and Oman (+X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. While the share of Jordan (X%) increased significantly in terms of the global exports from 2007-2017, the share of Oman (-X%) and Kuwait (-X%) displayed negative dynamics.

In value terms, the largest metal removing lathe markets worldwide were Oman ($X), Jordan ($X) and Kuwait ($X), together accounting for X% of total exports.

Kuwait (+X% per year) recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced mixed trends in the exports figures.

Metal Removing Lathe Export Prices by Country in Middle East

In 2017, the metal removing lathe export price in Middle East amounted to $X per unit, picking up by X% against the previous year. The metal removing lathe export price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2010, when the export prices increased by X% year-to-year. In that year, the export prices for lathes, including turning centres, for removing metal reached their peak level of $X per unit. From 2011 to 2017, growth of the export prices for lathes, including turning centres, for removing metal failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Oman ($X per unit), while Jordan ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Oman (-X% per year), while the other leaders experienced a decline in the export price figures.

Metal Removing Lathe Imports in Middle East

In 2017, the amount of lathes, including turning centres, for removing metal imported in Middle East stood at X units, stabilizing at the previous year. The metal removing lathe imports continue to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2012, when imports increased by X% y-o-y. Over the period under review, the metal removing lathe imports reached its maximum volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, metal removing lathe imports amounted to $X in 2017. The metal removing lathe imports continue to indicate a deep drop. In that year, the metal removing lathe imports attained their peak level of $X. From 2012 to 2017, growth of the metal removing lathe imports stood at a somewhat lower level.

Metal Removing Lathe Imports by Country in Middle East

In 2017, Israel (X units) represented the main importer for lathes, including turning centres, for removing metal, mixed up X% of total imports. Iraq (X units) took a X% share (based on tons) of total imports, which put it in second place, followed by Kuwait (X%) and Saudi Arabia (X%). The following importers - Turkey (X units) and the United Arab Emirates (X units) each reached a X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to metal removing lathe imports into Israel stood at -X%. At the same time, Saudi Arabia (+X%), the United Arab Emirates (+X%) and Iraq (+X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. Kuwait experienced a relatively flat trend pattern. By contrast, Turkey (-X%) illustrated a downward trend over the same period. While the share of Israel (X%) and Turkey (X%) increased significantly in terms of the global imports from 2007-2017, the share of the United Arab Emirates (-X%), Saudi Arabia (-X%) and Iraq (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest metal removing lathe markets worldwide were Turkey ($X), Saudi Arabia ($X) and Israel ($X), together accounting for X% of total imports. The United Arab Emirates, Iraq and Kuwait lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries , Iraq (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Metal Removing Lathe Import Prices by Country in Middle East

In 2017, the metal removing lathe import price in Middle East amounted to $X thousand per unit, reducing by -X% against the previous year. The metal removing lathe import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when the import prices increased by X% year-to-year. In that year, the import prices for lathes, including turning centres, for removing metal attained their peak level of $X thousand per unit. From 2012 to 2017, growth of the import prices for lathes, including turning centres, for removing metal failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Turkey ($X thousand per unit), while Kuwait ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Turkey (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform