Middle East: Electroplating Machine Market 2025

Electroplating Machine Market Size in the Middle East

The Middle Eastern electroplating machine market soared to $X in 2021, rising by 127% against the previous year. In general, consumption, however, continues to indicate a pronounced setback. The level of consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Electroplating Machine Production in the Middle East

In value terms, electroplating machine production skyrocketed to $X in 2021 estimated in export price. Overall, production posted a strong expansion. The growth pace was the most rapid in 2014 when the production volume increased by 595%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Electroplating Machine Exports

Exports in the Middle East

Electroplating machine exports contracted markedly to X units in 2021, falling by -27.6% against the previous year's figure. Over the period under review, exports, however, showed a perceptible expansion. The pace of growth was the most pronounced in 2019 when exports increased by 242% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, electroplating machine exports shrank slightly to $X in 2021. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 57% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Turkey prevails in exports structure, resulting at X units, which was near 95% of total exports in 2021. Oman (X units) held a relatively small share of total exports.

Turkey was also the fastest-growing in terms of the machines for electroplating, electrolysis or electrophoresis exports, with a CAGR of +23.4% from 2012 to 2021. Oman (-23.5%) illustrated a downward trend over the same period. While the share of Turkey (+73 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Oman (-29.9 p.p.) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest electroplating machine supplier in the Middle East, comprising 66% of total exports. The second position in the ranking was held by Oman ($X), with a 30% share of total exports.

In Turkey, electroplating machine exports expanded at an average annual rate of +25.3% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per unit, increasing by 34% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2014 when the export price increased by 105% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Oman ($X per unit), while Turkey stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+35.6%).

Electroplating Machine Imports

Imports in the Middle East

In 2021, purchases abroad of machines for electroplating, electrolysis or electrophoresis increased by 166% to X units, rising for the second consecutive year after three years of decline. Overall, imports, however, recorded a pronounced shrinkage. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, electroplating machine imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Turkey dominates imports structure, amounting to X units, which was approx. 87% of total imports in 2021. It was distantly followed by Israel (X units), making up a 5.9% share of total imports. The following importers - the United Arab Emirates (X units) and Iran (X units) - together made up 5.1% of total imports.

From 2012 to 2021, average annual rates of growth with regard to electroplating machine imports into Turkey stood at +10.2%. At the same time, Israel (+25.9%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +25.9% from 2012-2021. By contrast, Iran (-11.6%) and the United Arab Emirates (-24.2%) illustrated a downward trend over the same period. Turkey (+60 p.p.) and Israel (+5.3 p.p.) significantly strengthened its position in terms of the total imports, while Iran and the United Arab Emirates saw its share reduced by -2.1% and -27.1% from 2012 to 2021, respectively.

In value terms, Turkey ($X) constitutes the largest market for imported machines for electroplating, electrolysis or electrophoresis in the Middle East, comprising 42% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 12% share of total imports. It was followed by Israel, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Turkey stood at +5.2%. In the other countries, the average annual rates were as follows: the United Arab Emirates (-8.1% per year) and Israel (+30.2% per year).

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per unit, shrinking by -43.1% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2018 an increase of 113% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2020, and then plummeted in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the United Arab Emirates ($X per unit), while Turkey ($X per unit) 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 (+21.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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