Middle East: Market for Machine-Tools For Working Stone, Ceramics, And Concrete 2025

Market Size for Machine-Tools For Working Stone, Ceramics, And Concrete in the Middle East

The Middle Eastern market for machine-tools for working stone, ceramics, and concrete shrank remarkably to $X in 2022, with a decrease of -45.7% against the previous year. In general, consumption saw a deep contraction. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Machine-Tools For Working Stone, Ceramics, And Concrete in the Middle East

In value terms, machine tools for working stone production skyrocketed to $X in 2022 estimated in export price. In general, production, however, continues to indicate buoyant growth. The growth pace was the most rapid in 2018 with an increase of 138% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Machine-Tools For Working Stone, Ceramics, And Concrete

Exports in the Middle East

In 2022, exports of machine-tools for working stone, ceramics, and concrete in the Middle East skyrocketed to X units, with an increase of 28% compared with 2021. Total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +7.7% 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 +79.4% against 2018 indices. The pace of growth appeared the most rapid in 2014 with an increase of 64%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, machine tools for working stone exports rose significantly to $X in 2022. Total exports indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.6% 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 +24.9% against 2020 indices. The pace of growth was the most pronounced in 2014 when exports increased by 73%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Turkey was the key exporter of machine-tools for working stone, ceramics, and concrete in the Middle East, with the volume of exports resulting at X units, which was approx. 84% of total exports in 2022. It was distantly followed by Israel (X units), committing a 10% share of total exports. The following exporters - the United Arab Emirates (X units) and Iran (X units) - each finished at a 3.7% share of total exports.

Turkey was also the fastest-growing in terms of the machine-tools for working stone, ceramics, and concrete exports, with a CAGR of +11.6% from 2012 to 2022. At the same time, the United Arab Emirates (+4.5%), Iran (+3.6%) and Israel (+1.5%) displayed positive paces of growth. While the share of Turkey (+25 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Israel (-8.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X), Israel ($X) and the United Arab Emirates ($X) constituted the countries with the highest levels of exports in 2022, with a combined 95% share of total exports.

Among the main exporting countries, the United Arab Emirates, with a CAGR of +7.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per unit, falling by -10.5% against the previous year. In general, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 25%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.3%), while the other leaders experienced a decline in the export price figures.

Imports of Machine-Tools For Working Stone, Ceramics, And Concrete

Imports in the Middle East

In 2022, supplies from abroad of machine-tools for working stone, ceramics, and concrete increased by 27% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 56%. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, machine tools for working stone imports surged to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by 43% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X units) represented the main importer of machine-tools for working stone, ceramics, and concrete, committing 43% of total imports. The United Arab Emirates (X units) ranks second in terms of the total imports with a 15% share, followed by Iran (14%), Jordan (8.4%), Israel (5.5%), Oman (5%) and Iraq (5%).

Imports into Turkey increased at an average annual rate of +1.3% from 2012 to 2022. At the same time, Jordan (+21.0%), Israel (+6.9%) and the United Arab Emirates (+3.9%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +21.0% from 2012-2022. Iraq experienced a relatively flat trend pattern. By contrast, Oman (-3.7%) and Iran (-4.6%) illustrated a downward trend over the same period. Jordan (+7.1 p.p.), Turkey (+4.7 p.p.), the United Arab Emirates (+4.5 p.p.) and Israel (+2.6 p.p.) significantly strengthened its position in terms of the total imports, while Oman and Iran saw its share reduced by -2.4% and -8.9% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported machine-tools for working stone, ceramics, and concrete in the Middle East, comprising 41% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 14% share of total imports. It was followed by Iran, with a 7.8% share.

In Turkey, machine tools for working stone imports expanded at an average annual rate of +3.3% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (+1.8% per year) and Iran (-6.9% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per unit, falling by -6.7% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 62%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per unit), while Iraq ($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 (+1.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :