GCC: Blow-Moulding Machine Market 2024

Blow-Moulding Machine Market Size in GCC

The GCC blow-moulding machine market declined modestly to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption saw a modest expansion. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Blow-Moulding Machine Production in GCC

In value terms, blow-moulding machine production fell to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Blow-Moulding Machine Exports

Exports in GCC

In 2022, the amount of blow-moulding machines for working rubber or plastics exported in GCC reduced to X units, waning by X% against the year before. Overall, exports, however, recorded a relatively flat trend pattern. 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 exports reached the maximum at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, blow-moulding machine exports fell to $X in 2022. In general, exports, however, saw a buoyant increase. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of blow-moulding machines for working rubber or plastics, namely the United Arab Emirates, represented more than two-thirds of total export.

The United Arab Emirates experienced a relatively flat trend pattern with regard to volume of exports of blow-moulding machines for working rubber or plastics. From 2012 to 2022, the share of the United Arab Emirates increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) also remains the largest blow-moulding machine supplier in GCC.

In the United Arab Emirates, blow-moulding machine exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in GCC stood at $X per unit in 2022, surging by X% against the previous year. In general, the export price continues to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. Over the period under review, the export prices reached the maximum in 2022 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Blow-Moulding Machine Imports

Imports in GCC

In 2022, blow-moulding machine imports in GCC surged to X units, rising by X% compared with the previous year's figure. Overall, imports posted temperate growth. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, blow-moulding machine imports fell slightly to $X in 2022. Total imports indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X units) and Bahrain (X units) represented roughly X% of total imports in 2022. Kuwait (X units) held the next position in the ranking, distantly followed by Oman (X units) and Qatar (X units). All these countries together held near X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Kuwait (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported blow-moulding machines for working rubber or plastics in GCC, comprising X% of total imports. The second position in the ranking was taken by Oman ($X), with a X% share of total imports. It was followed by Qatar, with a X% share.

In the United Arab Emirates, blow-moulding machine imports contracted by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Oman (X% per year) and Qatar (X% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per unit, reducing by X% against the previous year. Overall, the import price saw a pronounced decrease. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Qatar ($X per unit), while Bahrain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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