Middle East: Gravure Printing Machinery Market 2024

Gravure Printing Machinery Market Size in the Middle East

The Middle Eastern gravure printing machinery market totaled $X in 2022, approximately reflecting the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Gravure Printing Machinery Production in the Middle East

In value terms, gravure printing machinery production stood at $X in 2022 estimated in export price. In general, production, however, showed a modest expansion. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Gravure Printing Machinery Exports

Exports in the Middle East

In 2022, exports of gravure printing machinery in the Middle East dropped sharply to X units, which is down by X% compared with 2021. Overall, exports saw a deep contraction. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, gravure printing machinery exports declined rapidly to $X in 2022. In general, exports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then dropped notably in the following year.

Exports by Country

Turkey represented the key exporting country with an export of about X units, which reached X% of total exports. Kuwait (X units) held the second position in the ranking, distantly followed by the United Arab Emirates (X units). All these countries together took approx. X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to gravure printing machinery exports from Turkey stood at X%. At the same time, Kuwait (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, the United Arab Emirates (X%) illustrated a downward trend over the same period. Turkey (X p.p.) and Kuwait (X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Turkey ($X) emerged as the largest gravure printing machinery supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Kuwait ($X), with a X% share of total exports.

In Turkey, gravure printing machinery exports expanded 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: Kuwait (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per unit, rising by X% against the previous year. In general, the export price posted significant growth. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

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 Turkey ($X per unit), while Kuwait ($X per unit) was amongst the lowest.

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

Gravure Printing Machinery Imports

Imports in the Middle East

In 2022, supplies from abroad of gravure printing machinery increased by X% to X units, rising for the second year in a row after three years of decline. In general, imports enjoyed a noticeable increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, gravure printing machinery imports contracted dramatically to $X in 2022. Overall, imports, however, continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Qatar (X units) represented the major importer of gravure printing machinery, generating X% of total imports. Turkey (X units) held the second position in the ranking, distantly followed by Iran (X units) and the United Arab Emirates (X units). All these countries together took approx. X% share of total imports.

Qatar was also the fastest-growing in terms of the gravure printing machinery imports, with a CAGR of X% from 2012 to 2022. At the same time, Iran (X%) displayed positive paces of growth. By contrast, Turkey (X%) and the United Arab Emirates (X%) illustrated a downward trend over the same period. While the share of Qatar (X p.p.) and Iran (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Turkey (X p.p.) and the United Arab Emirates (X p.p.) displayed negative dynamics.

In value terms, Turkey ($X) constitutes the largest market for imported gravure printing machinery in the Middle East, comprising X% of total imports. The second position in the ranking was held by Iran ($X), with an X% share of total imports. It was followed by the United Arab Emirates, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Iran (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, declining by X% against the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of import peaked at $X per unit in 2021, and then declined rapidly in the following year.

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 Turkey ($X per unit), while Qatar ($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 a decline in the import price figures.

Source: IndexBox Platform

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