Middle East: Rubber Forming Machinery Market 2020

Rubber Forming Machinery Market Size in Middle East

The revenue of the rubber forming machinery market in Middle East amounted to $X in 2017, coming down by -X% against the previous year. The rubber forming machinery consumption continues to indicate a drastic setback. The most prominent rate of growth was recorded in 2016, with an increase of X% year-to-year. The level of rubber forming machinery consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Rubber Forming Machinery Production in Middle East

The rubber forming machinery production totaled X units in 2017, picking up by X% against the previous year. The total output indicated a strong increase from 2007 to 2017: its volume increased 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 rubber forming machinery production increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2009, when it surged by X% y-o-y. Over the period under review, the rubber forming machinery production reached its peak figure volume in 2017, and is expected to retain its growth in the near future.

Rubber Forming Machinery Exports in Middle East

In 2017, the amount of machinery for moulding or forming rubber or plastics exported in Middle East totaled X units, growing by X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth was the most pronounced in 2011, when exports increased by X% y-o-y. The volume of exports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, rubber forming machinery exports stood at $X in 2017. The total exports indicated a remarkable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The level of exports peaked in 2017, and are expected to retain its growth in the immediate term.

Rubber Forming Machinery Exports by Country in Middle East

Turkey represented the main exporting country with an export of around X units, which amounted to X% of total exports. It was distantly followed by Israel (X units), generating X% share of total exports. Lebanon (X units), the United Arab Emirates (X units) and Jordan (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to rubber forming machinery exports from Turkey stood at +X%. At the same time, Israel (+X%), Jordan (+X%) and Lebanon (+X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. The United Arab Emirates experienced a relatively flat trend pattern. From 2007 to 2017, the share of Israel and Turkey decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest rubber forming machinery supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by Israel ($X), with a X% share of global exports. It was followed by the United Arab Emirates, with a X% share.

In Turkey, rubber forming machinery exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Israel (+X% per year) and the United Arab Emirates (+X% per year).

Rubber Forming Machinery Export Prices by Country in Middle East

The rubber forming machinery export price in Middle East stood at $X thousand per unit in 2017, jumping by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2012, an increase of X% against the previous year. Over the period under review, the export prices for machinery for moulding or forming rubber or plastics attained its maximum level of $X thousand per unit in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Israel ($X thousand per unit), while Lebanon ($X thousand per unit) was amongst the lowest.

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

Rubber Forming Machinery Imports in Middle East

The imports amounted to X units in 2017, coming up by X% against the previous year. The rubber forming machinery imports continue to indicate a strong increase. The growth pace was the most rapid in 2012, with an increase of X% against the previous year. In that year, the rubber forming machinery imports reached their peak volume of X units. From 2013 to 2017, growth of the rubber forming machinery imports stood at a somewhat lower level.

In value terms, rubber forming machinery imports stood at $X in 2017. The rubber forming machinery imports continue to indicate a relatively flat trend pattern. In that year, the rubber forming machinery imports attained their peak level of $X. From 2012 to 2017, growth of the rubber forming machinery imports failed to regain its momentum.

Rubber Forming Machinery Imports by Country in Middle East

Jordan prevails in rubber forming machinery imports structure, resulting at X units, which was near X% of total imports in 2017. Palestine (X units) held the minor share of total imports.

From 2007 to 2017, average annual rates of growth with regard to rubber forming machinery imports into Jordan stood at +X%. At the same time, Palestine (+X%) displayed positive paces of growth. Moreover, Palestine emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Jordan decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Jordan ($X) constitutes the largest market for imported machinery for moulding or forming rubber or plastics in Middle East, making up X% of global imports. The second position in the ranking was occupied by Palestine ($X), with a X% share of global imports.

In Jordan, rubber forming machinery imports plunged by an average annual rate of -X% over the period from 2007-2017.

Rubber Forming Machinery Import Prices by Country in Middle East

The rubber forming machinery import price in Middle East stood at $X per unit in 2017, reducing by -X% against the previous year. The rubber forming machinery import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2014, when the import prices increased by X% year-to-year. Over the period under review, the import prices for machinery for moulding or forming rubber or plastics reached its peak figure level of $X per unit in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Palestine ($X per thousand units), while Jordan ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Jordan (-X% per year).

Source: IndexBox Platform