MENA: Market for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals 2024

Market Size for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in MENA

The MENA's market for fully or partly automatic electric machines for arc welding of metals declined to $X in 2022, waning by X% against the previous year. In general, consumption continues to indicate a abrupt descent. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in MENA

In value terms, production of fully or partly automatic electric machines for arc welding of metals contracted to $X in 2022 estimated in export price. Overall, production continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Exports in MENA

In 2022, exports of fully or partly automatic electric machines for arc welding of metals in MENA surged to X units, increasing by X% against 2021. Overall, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of fully or partly automatic electric machines for arc welding of metals surged to $X in 2022. Over the period under review, exports showed a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Turkey (X units) represented the key exporter of fully or partly automatic electric machines for arc welding of metals, making up X% of total exports. It was distantly followed by the United Arab Emirates (X units), achieving a X% share of total exports. The following exporters - Bahrain (X units), Kuwait (X units), Oman (X units) and Iran (X units) - each reached an X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Kuwait (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest fully or partly automatic arc welding machine supplying countries in MENA were Turkey ($X), the United Arab Emirates ($X) and Kuwait ($X), together accounting for X% of total exports.

Kuwait, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, with a decrease of X% against the previous year. Overall, the export price recorded a noticeable curtailment. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 Kuwait ($X per unit), while Iran ($X per unit) was amongst the lowest.

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

Imports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Imports in MENA

In 2022, the amount of fully or partly automatic electric machines for arc welding of metals imported in MENA dropped to X units, with a decrease of X% compared with the previous year's figure. Overall, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of fully or partly automatic electric machines for arc welding of metals rose sharply to $X in 2022. Over the period under review, imports showed a mild decline. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Turkey (X units) and the United Arab Emirates (X units) represented roughly X% of total imports in 2022. It was distantly followed by Iran (X units), Bahrain (X units), Tunisia (X units) and Qatar (X units), together achieving a X% share of total imports. Iraq (X units), Algeria (X units), Israel (X units), Morocco (X units), Kuwait (X units) and Egypt (X units) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bahrain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fully or partly automatic arc welding machine importing markets in MENA were Turkey ($X), the United Arab Emirates ($X) and Israel ($X), together accounting for X% of total imports. Egypt, Iran, Morocco, Qatar, Algeria, Kuwait, Tunisia, Iraq and Bahrain lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Bahrain, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per unit in 2022, rising by X% against the previous year. Overall, the import price recorded a strong increase. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. The level of import peaked in 2022 and is likely to see steady growth in years to come.

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 Israel ($X per unit), while Bahrain ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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