Middle East: Metal Threading Machine Market 2025

Metal Threading Machine Market Size in the Middle East

In 2021, the Middle Eastern metal threading machine market increased by 45% to $X, rising for the second consecutive year after three years of decline. In general, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Metal Threading Machine Production in the Middle East

In value terms, metal threading machine production fell to $X in 2021 estimated in export price. In general, production, however, enjoyed a mild increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by 112%. The level of production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Metal Threading Machine Exports

Exports in the Middle East

In 2021, overseas shipments of threading or tapping machines for working metal increased by 77% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports showed strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 90% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, metal threading machine exports soared to $X in 2021. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey represented the major exporting country with an export of about X units, which accounted for 81% of total exports. It was distantly followed by the United Arab Emirates (X units), comprising an 11% share of total exports. Kuwait (X units), Israel (X units) and Saudi Arabia (X units) took a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to metal threading machine exports from Turkey stood at +20.9%. At the same time, Kuwait (+26.6%), Saudi Arabia (+24.7%) and the United Arab Emirates (+6.5%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +26.6% from 2012-2021. By contrast, Israel (-3.8%) illustrated a downward trend over the same period. While the share of Turkey (+26 p.p.) and Kuwait (+1.6 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Israel (-7.5 p.p.) and the United Arab Emirates (-12.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest metal threading machine supplier in the Middle East, comprising 79% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 12% share of total exports. It was followed by Kuwait, with a 3.2% share.

In Turkey, metal threading machine exports increased at an average annual rate of +28.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the United Arab Emirates (+14.2% per year) and Kuwait (+42.4% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2021, with an increase of 37% against the previous year. Over the last nine years, it increased at an average annual rate of +5.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per unit), while Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kuwait (+12.5%), while the other leaders experienced more modest paces of growth.

Metal Threading Machine Imports

Imports in the Middle East

In 2021, purchases abroad of threading or tapping machines for working metal increased by 56% to X units, rising for the second consecutive year after two years of decline. Total imports indicated tangible growth from 2012 to 2021: its volume increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +118.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal threading machine imports soared to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 88% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Turkey dominates imports structure, accounting for X units, which was near 77% of total imports in 2021. It was distantly followed by Iran (X units) and the United Arab Emirates (X units), together mixing up a 14% share of total imports. Israel (X units) held a little share of total imports.

Imports into Turkey increased at an average annual rate of +2.9% from 2012 to 2021. At the same time, Iran (+8.7%), the United Arab Emirates (+3.9%) and Israel (+2.9%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +8.7% from 2012-2021. From 2012 to 2021, the share of Iran increased by +2.7 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported threading or tapping machines for working metal in the Middle East, comprising 74% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 7.6% share of total imports. It was followed by Israel, with a 7.4% share.

In Turkey, metal threading machine imports increased at an average annual rate of +1.9% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (-4.8% per year) and Israel (+2.7% per year).

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per unit, growing by 7% against the previous year. Overall, the import price, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2013 when the import price increased by 143% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Israel ($X per unit), while Iran ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (-0.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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