Middle East: Market for Machinery For Moulding Or Retreading Pneumatic Tyres 2025

Market Size for Machinery For Moulding Or Retreading Pneumatic Tyres in the Middle East

The Middle Eastern pneumatic tyre retreading machinery market was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption, however, continues to indicate a perceptible contraction. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Machinery For Moulding Or Retreading Pneumatic Tyres in the Middle East

In value terms, pneumatic tyre retreading machinery production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when the production volume increased by 13%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Machinery For Moulding Or Retreading Pneumatic Tyres

Exports in the Middle East

In 2022, approx. X units of machinery for moulding or retreading pneumatic tyres were exported in the Middle East; increasing by 11% on 2021 figures. Over the period under review, exports, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 3,033%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, pneumatic tyre retreading machinery exports fell to $X in 2022. In general, exports saw a noticeable increase. The pace of growth appeared the most rapid in 2017 with an increase of 247% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey represented the major exporting country with an export of around X units, which finished at 79% of total exports. It was distantly followed by the United Arab Emirates (X units), constituting an 18% share of total exports. Israel (X units) followed a long way behind the leaders.

Turkey was also the fastest-growing in terms of the machinery for moulding or retreading pneumatic tyres exports, with a CAGR of +15.8% from 2012 to 2022. The United Arab Emirates (-2.6%) and Israel (-12.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Turkey and the United Arab Emirates increased by +75 and +13 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest pneumatic tyre retreading machinery supplier in the Middle East, comprising 95% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 3.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Turkey amounted to +11.1%. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (-8.1% per year) and Israel (-22.4% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per unit, waning by -20.9% against the previous year. Over the period under review, the export price, however, saw resilient growth. The pace of growth was the most pronounced in 2017 an increase of 8,824%. Over the period under review, the export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while Israel ($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 (-4.0%), while the other leaders experienced a decline in the export price figures.

Imports of Machinery For Moulding Or Retreading Pneumatic Tyres

Imports in the Middle East

In 2022, the amount of machinery for moulding or retreading pneumatic tyres imported in the Middle East rose significantly to X units, increasing by 15% on the previous year's figure. Overall, imports, however, saw a drastic downturn. The growth pace was the most rapid in 2019 with an increase of 842%. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, pneumatic tyre retreading machinery imports rose rapidly to $X in 2022. Over the period under review, imports, however, showed a deep reduction. The pace of growth was the most pronounced in 2017 when imports increased by 69%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the three major importers of machinery for moulding or retreading pneumatic tyres, namely Bahrain, Turkey and Qatar, represented more than two-thirds of total import. The United Arab Emirates (X units) ranks next in terms of the total imports with a 9.7% share, followed by Iran (5.7%). The following importers - Lebanon (X units) and Syrian Arab Republic (X units) - each recorded a 6.6% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Bahrain (with a CAGR of +32.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constitutes the largest market for imported machinery for moulding or retreading pneumatic tyres in the Middle East, comprising 91% of total imports. The second position in the ranking was taken by Iran ($X), with a 2.7% share of total imports. It was followed by the United Arab Emirates, with a 1.7% share.

In Turkey, pneumatic tyre retreading machinery imports contracted by an average annual rate of -4.1% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Iran (-1.2% per year) and the United Arab Emirates (-10.8% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, posted a slight expansion. The pace of growth was the most pronounced in 2021 when the import price increased by 476%. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per unit), while Bahrain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+14.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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