Middle East: Metal Cutting Shear Market 2025

Metal Cutting Shear Market Size in the Middle East

The Middle Eastern metal cutting shear market declined to $X in 2022, with a decrease of -6.4% against the previous year. Over the period under review, consumption recorded a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Metal Cutting Shear Production in the Middle East

In value terms, metal cutting shear production rose significantly to $X in 2022 estimated in export price. In general, production, however, recorded a pronounced curtailment. The growth pace was the most rapid in 2018 with an increase of 52%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Metal Cutting Shear Exports

Exports in the Middle East

In 2022, approx. X tons of metal cutting shears and similar hand tools were exported in the Middle East; declining by -10.8% against the year before. Overall, exports showed a pronounced reduction. The most prominent rate of growth was recorded in 2013 when exports increased by 978% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, metal cutting shear exports contracted to $X in 2022. In general, exports showed a noticeable decline. The most prominent rate of growth was recorded in 2013 when exports increased by 444%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Turkey was the major exporting country with an export of around X tons, which amounted to 70% of total exports. It was distantly followed by the United Arab Emirates (X tons), generating a 22% share of total exports. The following exporters - Oman (X tons), Kuwait (X tons) and Syrian Arab Republic (X tons) - together made up 6.6% of total exports.

Turkey experienced a relatively flat trend pattern with regard to volume of exports of metal cutting shears and similar hand tools. At the same time, Oman (+49.7%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +49.7% from 2012-2022. By contrast, the United Arab Emirates (-7.4%), Syrian Arab Republic (-8.5%) and Kuwait (-11.8%) illustrated a downward trend over the same period. Turkey (+24 p.p.) and Oman (+2.7 p.p.) significantly strengthened its position in terms of the total exports, while Kuwait and the United Arab Emirates saw its share reduced by -2.9% and -9% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest metal cutting shear supplier in the Middle East, comprising 69% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 24% share of total exports. It was followed by Kuwait, with a 1.9% share.

From 2012 to 2022, the average annual growth rate of value in Turkey amounted to -2.3%. In the other countries, the average annual rates were as follows: the United Arab Emirates (-5.4% per year) and Kuwait (-13.1% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, surging by 2.4% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 54% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (+7.9%), while the other leaders experienced more modest paces of growth.

Metal Cutting Shear Imports

Imports in the Middle East

Metal cutting shear imports fell remarkably to X tons in 2022, waning by -50.9% against the year before. Overall, imports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 106% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, metal cutting shear imports shrank notably to $X in 2022. In general, imports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 112%. 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, the United Arab Emirates (X tons), distantly followed by Iraq (X tons), Israel (X tons), Bahrain (X tons), Turkey (X tons) and Oman (X tons) represented the key importers of metal cutting shears and similar hand tools, together creating 88% of total imports. Kuwait (X tons) and Qatar (X tons) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Oman (with a CAGR of +11.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal cutting shear importing markets in the Middle East were the United Arab Emirates ($X), Israel ($X) and Turkey ($X), together accounting for 73% of total imports. Iraq, Bahrain, Oman, Qatar and Kuwait lagged somewhat behind, together accounting for a further 23%.

Iraq, with a CAGR of +7.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, rising by 16% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2016 an increase of 16%. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in years to come.

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 Israel ($X per ton), while Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+9.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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