MENA - Way-Type Unit Heads for Working Metal - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMENA: Way-Type Unit Head Market 2024
Way-Type Unit Head Market Size in MENA
After four years of growth, the MENA's way-type unit head market decreased by -30.6% to $X in 2021. Over the period under review, consumption, however, continues to indicate a significant expansion. As a result, consumption attained the peak level of $X, and then shrank rapidly in the following year.
Way-Type Unit Head Production in MENA
In value terms, way-type unit head production contracted significantly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 159%. As a result, production attained the peak level of $X, and then contracted dramatically in the following year.
Way-Type Unit Head Exports
Exports in MENA
In 2021, exports of way-type unit heads for working metal in MENA soared to X tons, rising by 176% against 2020. Over the period under review, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by 186% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.
In value terms, way-type unit head exports surged to $X in 2021. In general, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 217%. The level of export peaked in 2021 and is expected to retain growth in years to come.
Exports by Country
In 2021, Kuwait (X tons) and Turkey (X tons) were the main exporters of way-type unit heads for working metal in MENA, together amounting to approx. 70% of total exports. Oman (X tons) held a 14% share (based on physical terms) of total exports, which put it in second place, followed by Saudi Arabia (12%). The following exporters - the United Arab Emirates (X tons) and Israel (X tons) - each reached a 4% share of total exports.
From 2012 to 2021, the biggest increases were recorded for Kuwait (with a CAGR of +97.0%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Saudi Arabia ($X) remains the largest way-type unit head supplier in MENA, comprising 46% of total exports. The second position in the ranking was taken by Kuwait ($X), with a 22% share of total exports. It was followed by Oman, with a 22% share.
In Saudi Arabia, way-type unit head exports expanded at an average annual rate of +77.7% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Kuwait (+97.1% per year) and Oman (+28.0% per year).
Export Prices by Country
The export price in MENA stood at $X per ton in 2021, reducing by -31.3% against the previous year. In general, the export price, however, enjoyed a moderate expansion. The growth pace was the most rapid in 2018 when the export price increased by 153% against the previous year. The level of export peaked at $X per ton in 2020, and then shrank remarkably in the following year.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while Turkey ($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 (+28.0%), while the other leaders experienced more modest paces of growth.
Way-Type Unit Head Imports
Imports in MENA
In 2021, the amount of way-type unit heads for working metal imported in MENA surged to X tons, growing by 146% against the previous year. In general, imports, however, showed a abrupt downturn. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
In value terms, way-type unit head imports totaled $X in 2021. Over the period under review, imports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2013 when imports increased by 112%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.
Imports by Country
Iran prevails in imports structure, amounting to X tons, which was near 68% of total imports in 2021. It was distantly followed by Turkey (X tons) and Qatar (X tons), together constituting a 19% share of total imports. The United Arab Emirates (X tons), Morocco (X tons) and Egypt (X tons) followed a long way behind the leaders.
From 2012 to 2021, average annual rates of growth with regard to way-type unit head imports into Iran stood at -4.3%. At the same time, Qatar (+31.8%) and Morocco (+7.2%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in MENA, with a CAGR of +31.8% from 2012-2021. By contrast, Egypt (-7.4%), the United Arab Emirates (-12.3%) and Turkey (-17.0%) illustrated a downward trend over the same period. While the share of Iran (+15 p.p.), Qatar (+9.2 p.p.) and Morocco (+1.6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of the United Arab Emirates (-2.4 p.p.) and Turkey (-17.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Qatar ($X) constitutes the largest market for imported way-type unit heads for working metal in MENA, comprising 34% of total imports. The second position in the ranking was taken by Iran ($X), with a 15% share of total imports. It was followed by the United Arab Emirates, with a 12% share.
From 2012 to 2021, the average annual rate of growth in terms of value in Qatar amounted to +35.4%. The remaining importing countries recorded the following average annual rates of imports growth: Iran (-22.9% per year) and the United Arab Emirates (-6.9% per year).
Import Prices by Country
In 2021, the import price in MENA amounted to $X per ton, shrinking by -59.1% against the previous year. Overall, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2013 when the import price increased by 150% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Egypt ($X per ton), while Iran ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.2%), while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the way-type unit head market in MENA. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28412233 - Way-type unit heads for working metal by drilling, boring, m illing, threading or tapping
Country coverage:
- Algeria
- Bahrain
- Djibouti
- Egypt
- Iran
- Iraq
- Israel
- Jordan
- Kuwait
- Lebanon
- Libya
- Morocco
- Oman
- Palestine
- Qatar
- Saudi Arabia
- Syrian Arab Republic
- Tunisia
- Turkey
- United Arab Emirates
- Yemen
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in MENA, split by region and country
- Trade (exports and imports) in MENA
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Algeria
- Bahrain
- Djibouti
- Egypt
- Iran
- Iraq
- Israel
- Jordan
- Kuwait
- Lebanon
- Libya
- Morocco
- Oman
- Palestine
- Qatar
- Saudi Arabia
- Syrian Arab Republic
- Tunisia
- Turkey
- United Arab Emirates
- Yemen
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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