Middle East: Numerically Controlled Milling Machine Market 2020

Numerically Controlled Milling Machine Market Size in Middle East

The revenue of the numerically controlled milling machine market in Middle East amounted to $X in 2017, declining by -X% against the previous year. The numerically controlled milling machine consumption continues to indicate a sharp downturn. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. Over the period under review, the numerically controlled milling machine market attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Numerically Controlled Milling Machine Production in Middle East

In 2017, approx. X units of numerically controlled milling machines for working metal were produced in Middle East; coming up by X% against the previous year. The numerically controlled milling machine production continues to indicate an abrupt decline. The growth pace was the most rapid in 2017, when it surged by X% against the previous year. Over the period under review, the numerically controlled milling machine production attained its peak figure volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Numerically Controlled Milling Machine Exports in Middle East

The exports stood at X units in 2017, growing by X% against the previous year. The numerically controlled milling machine exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2015, when exports increased by X% against the previous year. Over the period under review, the numerically controlled milling machine exports attained its peak figure volume of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, numerically controlled milling machine exports stood at $X in 2017. The numerically controlled milling machine exports continue to indicate an abrupt contraction. Over the period under review, the numerically controlled milling machine exports attained its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Numerically Controlled Milling Machine Exports by Country in Middle East

Turkey (X units) and the United Arab Emirates (X units) prevails in numerically controlled milling machine exports structure, together comprising X% of total exports. It was distantly followed by Saudi Arabia (X units), making up X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the United Arab Emirates (X% per year), while the other leaders experienced a decline in the exports figures.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Saudi Arabia ($X) appeared to be the countries with the highest levels of exports in 2017, together comprising X% of total exports.

In terms of the main exporting countries , the United Arab Emirates (X% per year) recorded the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced a decline in the exports figures.

Numerically Controlled Milling Machine Export Prices by Country in Middle East

The numerically controlled milling machine export price in Middle East stood at $X thousand per unit in 2017, going down by -X% against the previous year. The numerically controlled milling machine export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, when the export prices increased by X% y-o-y. The level of export price peaked of $X thousand per unit in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Saudi Arabia ($X thousand per unit) and Turkey ($X thousand per unit), while the United Arab Emirates ($X thousand per unit) and Turkey ($X thousand per unit) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Saudi Arabia (+X% per year), while the other leaders experienced more modest paces of growth.

Numerically Controlled Milling Machine Imports in Middle East

In 2017, approx. X units of numerically controlled milling machines for working metal were imported in Middle East; waning by -X% against the previous year. The numerically controlled milling machine imports continue to indicate a precipitous drop. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. The volume of imports peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, numerically controlled milling machine imports amounted to $X in 2017. The numerically controlled milling machine imports continue to indicate a relatively flat trend pattern. In that year, the numerically controlled milling machine imports attained their peak level of $X. From 2013 to 2017, growth of the numerically controlled milling machine imports stood at a somewhat lower level.

Numerically Controlled Milling Machine Imports by Country in Middle East

The imports of the one major importers of numerically controlled milling machines for working metal, namely Turkey, represented more than two-thirds of total import.

Turkey was also the fastest growing in terms of the numerically controlled milling machines for working metal imports, with a CAGR of -X% from 2007 to 2017. From 2007 to 2017, the share of Turkey increased by X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Turkey, numerically controlled milling machine imports remained relatively stable over the period from 2007-2017.

Numerically Controlled Milling Machine Import Prices by Country in Middle East

The numerically controlled milling machine import price in Middle East stood at $X thousand per unit in 2017, going up by X% against the previous year. The numerically controlled milling machine import price continues to indicate a skyrocketing growth. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. The level of import price peaked in 2017, and is expected to retain its growth in the near future.

As there is only one major export destination, the average price level is determined by import prices for Turkey.

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

Source: IndexBox Platform