Middle East: Market for Pneumatic Or Hydraulic Hand Tools 2025

Market Size for Pneumatic Or Hydraulic Hand Tools in the Middle East

For the fourth year in a row, the Middle Eastern market for pneumatic or hydraulic hand tools recorded growth in sales value, which increased by 5.1% to $X in 2021. The market value increased at an average annual rate of +3.4% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2021 and is likely to see gradual growth in the near future.

Production of Pneumatic Or Hydraulic Hand Tools in the Middle East

In value terms, pneumatic or hydraulic hand tool production totaled $X in 2021 estimated in export price. The total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -0.1% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 23%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Pneumatic Or Hydraulic Hand Tools

Exports in the Middle East

Pneumatic or hydraulic hand tool exports surged to X tons in 2021, with an increase of 36% against 2020 figures. Total exports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when exports increased by 61%. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, pneumatic or hydraulic hand tool exports soared to $X in 2021. Total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +59.6% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Turkey (X tons) was the largest exporter of pneumatic or hydraulic hand tools, mixing up 52% of total exports. The United Arab Emirates (X tons) took the second position in the ranking, distantly followed by Saudi Arabia (X tons). All these countries together took approx. 37% share of total exports. Lebanon (X tons), Oman (X tons), Kuwait (X tons) and Israel (X tons) held a relatively small share of total exports.

Exports from Turkey increased at an average annual rate of +6.1% from 2012 to 2021. At the same time, Israel (+7.7%), the United Arab Emirates (+7.3%), Kuwait (+7.2%), Lebanon (+6.4%), Oman (+5.1%) and Saudi Arabia (+2.9%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +7.7% from 2012-2021. While the share of Turkey (+6.5 p.p.) and the United Arab Emirates (+5.1 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Saudi Arabia (-1.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Saudi Arabia ($X) constituted the countries with the highest levels of exports in 2021, together accounting for 87% of total exports.

Among the main exporting countries, the United Arab Emirates, with a CAGR of +14.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2021, rising by 13% against the previous year. Export price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, pneumatic or hydraulic hand tool export price increased by +56.7% against 2015 indices. The most prominent rate of growth was recorded in 2019 an increase of 42%. The level of export peaked in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Israel ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+8.9%), while the other leaders experienced more modest paces of growth.

Imports of Pneumatic Or Hydraulic Hand Tools

Imports in the Middle East

In 2021, overseas purchases of pneumatic or hydraulic hand tools increased by 9.9% to X tons, rising for the second year in a row after five years of decline. In general, imports, however, saw a mild curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 39%. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, pneumatic or hydraulic hand tool imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a perceptible reduction. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Turkey was the key importing country with an import of around X tons, which finished at 49% of total imports. It was distantly followed by the United Arab Emirates (X tons), Iran (X tons), Saudi Arabia (X tons) and Iraq (X tons), together achieving a 38% share of total imports. Lebanon (X tons) and Israel (X tons) took a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to pneumatic or hydraulic hand tool imports into Turkey stood at +4.1%. At the same time, Iraq (+9.5%), the United Arab Emirates (+7.1%), Israel (+5.0%) and Iran (+4.1%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +9.5% from 2012-2021. By contrast, Lebanon (-3.3%) and Saudi Arabia (-17.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Turkey, the United Arab Emirates, Iran and Iraq increased by +20, +7.2, +4 and +3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported pneumatic or hydraulic hand tools in the Middle East, comprising 53% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 17% share of total imports. It was followed by Iran, with a 6.7% share.

In Turkey, pneumatic or hydraulic hand tool imports expanded at an average annual rate of +4.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the United Arab Emirates (+1.8% per year) and Iran (-2.6% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2021, with an increase of 15% against the previous year. In general, the import price, however, showed a slight descent. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat 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 ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-0.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :