Middle East: Vices And Clamps Market 2025

Vices And Clamps Market Size in the Middle East

The Middle Eastern vices and clamps market shrank significantly to $X in 2022, falling by -20.9% against the previous year. In general, consumption continues to indicate a pronounced reduction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Vices And Clamps Production in the Middle East

In value terms, vices and clamps production contracted sharply to $X in 2022 estimated in export price. In general, production, however, posted a strong increase. The pace of growth appeared the most rapid in 2021 when the production volume increased by 168%. As a result, production reached the peak level of $X, and then fell sharply in the following year.

Vices And Clamps Exports

Exports in the Middle East

In 2022, exports of vices and clamps in the Middle East declined rapidly to X tons, which is down by -16.5% on 2021. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. As a result, the exports reached the peak of X tons, and then declined dramatically in the following year.

In value terms, vices and clamps exports reduced to $X in 2022. The total export value increased at an average annual rate of +1.8% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 18%. Over the period under review, the exports hit record highs at $X in 2021, and then declined in the following year.

Exports by Country

Turkey represented the largest exporting country with an export of around X tons, which recorded 77% of total exports. It was distantly followed by the United Arab Emirates (X tons), constituting a 15% share of total exports. Oman (X tons) and Lebanon (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to vices and clamps exports from Turkey stood at +2.5%. At the same time, Oman (+17.2%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +17.2% from 2012-2022. By contrast, Lebanon (-2.8%) and the United Arab Emirates (-4.1%) illustrated a downward trend over the same period. Turkey (+14 p.p.) and Oman (+2.6 p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by -9.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest vices and clamps supplier in the Middle East, comprising 81% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 9.4% share of total exports. It was followed by Oman, with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey amounted to +2.5%. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (+0.2% per year) and Oman (+6.5% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, surging by 4.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2014 an increase of 14%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Oman ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.5%), while the other leaders experienced mixed trends in the export price figures.

Vices And Clamps Imports

Imports in the Middle East

In 2022, purchases abroad of vices and clamps decreased by -6.6% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a abrupt slump. The growth pace was the most rapid in 2014 with an increase of 58% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, vices and clamps imports contracted to $X in 2022. In general, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2014 with an increase of 34% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Saudi Arabia was the main importer of vices and clamps in the Middle East, with the volume of imports reaching X tons, which was near 46% of total imports in 2022. The United Arab Emirates (X tons) took the second position in the ranking, followed by Israel (X tons) and Turkey (X tons). All these countries together took approx. 38% share of total imports. Iraq (X tons), Qatar (X tons) and Oman (X tons) took a relatively small share of total imports.

Imports into Saudi Arabia decreased at an average annual rate of -3.8% from 2012 to 2022. At the same time, Israel (+8.5%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +8.5% from 2012-2022. By contrast, Iraq (-1.5%), Qatar (-2.3%), Turkey (-5.5%), Oman (-8.3%) and the United Arab Emirates (-17.2%) illustrated a downward trend over the same period. While the share of Saudi Arabia (+19 p.p.), Israel (+9.5 p.p.), Iraq (+2.4 p.p.), Turkey (+2.3 p.p.) and Qatar (+1.8 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United Arab Emirates (-30 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported vices and clamps in the Middle East, comprising 41% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with an 18% share of total imports. It was followed by Israel, with a 15% share.

From 2012 to 2022, the average annual growth rate of value in Saudi Arabia amounted to -4.5%. In the other countries, the average annual rates were as follows: the United Arab Emirates (-15.7% per year) and Israel (+7.5% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2016 when the import price increased by 17%. Over the period under review, import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 Qatar ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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