Middle East: Market for Non-Numerically Controlled Sharpening Machines For Working Metal 2025

Market Size for Non-Numerically Controlled Sharpening Machines For Working Metal in the Middle East

The Middle Eastern non-numerically controlled sharpening machine market expanded to $X in 2022, surging by 2.5% against the previous year. The market value increased at an average annual rate of +1.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level in 2022 and is likely to continue growth in the near future.

Production of Non-Numerically Controlled Sharpening Machines For Working Metal in the Middle East

In value terms, non-numerically controlled sharpening machine production shrank to $X in 2022 estimated in export price. In general, production continues to indicate a mild slump. The most prominent rate of growth was recorded in 2019 when the production volume increased by 40%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Exports of Non-Numerically Controlled Sharpening Machines For Working Metal

Exports in the Middle East

In 2022, approx. X units of non-numerically controlled sharpening machines for working metal were exported in the Middle East; waning by -13.2% compared with the year before. Overall, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 408% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-numerically controlled sharpening machine exports soared to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 109%. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units) and Turkey (X units) prevails in exports structure, together achieving 80% of total exports. It was distantly followed by Saudi Arabia (X units) and Bahrain (X units), together committing a 13% share of total exports. The following exporters - Israel (X units) and Lebanon (X units) - together made up 5.6% of total exports.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of +32.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) remains the largest non-numerically controlled sharpening machine supplier in the Middle East, comprising 91% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 3% share of total exports. It was followed by Lebanon, with a 2.2% share.

In Turkey, non-numerically controlled sharpening machine exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (+0.8% per year) and Lebanon (+39.4% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, jumping by 67% against the previous year. In general, the export price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2019 when the export price increased by 218%. Over the period under review, the export prices attained the maximum at $X per unit 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 Turkey ($X per unit), while the United Arab Emirates ($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 (+24.9%), while the other leaders experienced mixed trends in the export price figures.

Imports of Non-Numerically Controlled Sharpening Machines For Working Metal

Imports in the Middle East

In 2022, purchases abroad of non-numerically controlled sharpening machines for working metal increased by 35% to X units, rising for the third consecutive year after two years of decline. Over the period under review, imports showed a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 98%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, non-numerically controlled sharpening machine imports soared to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X units) represented roughly 97% of total imports in 2022.

Turkey was also the fastest-growing in terms of the non-numerically controlled sharpening machines for working metal imports, with a CAGR of +19.5% from 2012 to 2022. While the share of Turkey (+13 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported non-numerically controlled sharpening machines for working metal in the Middle East.

From 2012 to 2022, the average annual growth rate of value in Turkey stood at +5.1%.

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, waning by -6% against the previous year. In general, the import price saw a abrupt slump. The most prominent rate of growth was recorded in 2019 an increase of 43%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -12.1% per year.

Source: IndexBox Platform

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