MENA: Injection-Moulding Machine Market 2024

Injection-Moulding Machine Market Size in MENA

The MENA's injection-moulding machine market reached $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, posted prominent growth. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Injection-Moulding Machine Production in MENA

In value terms, injection-moulding machine production rose slightly to $X in 2022 estimated in export price. In general, production enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Injection-Moulding Machine Exports

Exports in MENA

Injection-moulding machine exports shrank to X units in 2022, waning by X% compared with 2021 figures. Overall, exports, however, continue to indicate a temperate expansion. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, injection-moulding machine exports dropped markedly to $X in 2022. In general, exports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2018 when exports increased by X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Turkey dominates exports structure, finishing at X units, which was near X% of total exports in 2022. The United Arab Emirates (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Morocco (X%). Iran (X units), Egypt (X units) and Israel (X units) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to injection-moulding machine exports from Turkey stood at X%. At the same time, Morocco (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. Egypt and Israel experienced a relatively flat trend pattern. By contrast, Iran (X%) and the United Arab Emirates (X%) illustrated a downward trend over the same period. Turkey (X p.p.) and Morocco (X p.p.) significantly strengthened its position in terms of the total exports, while Iran and the United Arab Emirates saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) emerged as the largest injection-moulding machine supplier in MENA, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Morocco, with an X% share.

In Turkey, injection-moulding machine exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Morocco (X% per year).

Export Prices by Country

The export price in MENA stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the export price, however, showed a temperate expansion. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then dropped notably in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per unit), while Israel ($X per unit) was amongst the lowest.

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

Injection-Moulding Machine Imports

Imports in MENA

In 2022, after two years of growth, there was significant decline in supplies from abroad of injection-moulding machines for working rubber or plastics, when their volume decreased by X% to X units. Total imports indicated a perceptible expansion from 2012 to 2022: its volume 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. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports reached the maximum at X units in 2021, and then shrank remarkably in the following year.

In value terms, injection-moulding machine imports declined slightly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then fell slightly in the following year.

Imports by Country

In 2022, Turkey (X units) was the major importer of injection-moulding machines for working rubber or plastics, making up X% of total imports. Iran (X units) ranks second in terms of the total imports with an X% share, followed by the United Arab Emirates (X%), Israel (X%), Egypt (X%), Tunisia (X%), Algeria (X%) and Morocco (X%).

From 2012 to 2022, average annual rates of growth with regard to injection-moulding machine imports into Turkey stood at X%. At the same time, the United Arab Emirates (X%), Tunisia (X%), Morocco (X%), Israel (X%), Algeria (X%) and Egypt (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. Iran experienced a relatively flat trend pattern. From 2012 to 2022, the share of the United Arab Emirates, Tunisia, Israel and Morocco increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported injection-moulding machines for working rubber or plastics in MENA, comprising X% of total imports. The second position in the ranking was held by Iran ($X), with a X% share of total imports. It was followed by Egypt, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Turkey stood at X%. In the other countries, the average annual rates were as follows: Iran (X% per year) and Egypt (X% per year).

Import Prices by Country

The import price in MENA stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 Egypt ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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