GCC: Linoleum Manufacturing Machine Market 2024

Linoleum Manufacturing Machine Market Size in GCC

The GCC linoleum manufacturing machine market rose rapidly to $X in 2023, growing by X% against the previous year. Overall, consumption, however, saw a dramatic downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Linoleum Manufacturing Machine Production in GCC

In value terms, linoleum manufacturing machine production surged to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2022 to 2023, production growth remained at a somewhat lower figure.

Linoleum Manufacturing Machine Exports

Exports in GCC

In 2023, after three years of decline, there was significant growth in shipments abroad of machines used in the manufacture of linoleum or other floor coverings, when their volume increased by X% to X units. Overall, exports saw a buoyant increase. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, linoleum manufacturing machine exports soared to $X in 2023. In general, exports posted resilient growth. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2023, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates dominates exports structure, finishing at X units, which was approx. X% of total exports in 2023. It was distantly followed by Bahrain (X units), constituting a X% share of total exports. Kuwait (X units) took a minor share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the machines used in the manufacture of linoleum or other floor coverings exports, with a CAGR of X% from 2012 to 2023. Bahrain (X%) and Kuwait (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Bahrain (X p.p.) and Kuwait (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) remains the largest linoleum manufacturing machine supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by Bahrain ($X), with a X% share of total exports.

In the United Arab Emirates, linoleum manufacturing machine exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Bahrain (X% per year) and Kuwait (X% per year).

Export Prices by Country

The export price in GCC stood at $X per unit in 2023, waning by X% against the previous year. Overall, the export price, however, saw a mild increase. The pace of growth appeared the most rapid in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Kuwait ($X per unit) was amongst the lowest.

From 2012 to 2023, 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 export price figures.

Linoleum Manufacturing Machine Imports

Imports in GCC

In 2023, overseas purchases of machines used in the manufacture of linoleum or other floor coverings increased by X% to X units for the first time since 2020, thus ending a two-year declining trend. Overall, imports, however, faced a sharp slump. The most prominent rate of growth was recorded in 2020 when imports increased by X%. The volume of import peaked at X units in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.

In value terms, linoleum manufacturing machine imports expanded rapidly to $X in 2023. In general, imports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates dominates imports structure, amounting to X units, which was approx. X% of total imports in 2023. It was distantly followed by Kuwait (X units), generating an X% share of total imports. Bahrain (X units) and Oman (X units) took a relatively small share of total imports.

The United Arab Emirates was also the fastest-growing in terms of the machines used in the manufacture of linoleum or other floor coverings imports, with a CAGR of X% from 2012 to 2023. At the same time, Oman (X%) displayed positive paces of growth. Kuwait experienced a relatively flat trend pattern. By contrast, Bahrain (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the United Arab Emirates, Kuwait, Bahrain and Oman increased by X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported machines used in the manufacture of linoleum or other floor coverings in GCC, comprising X% of total imports. The second position in the ranking was held by Kuwait ($X), with a X% share of total imports. It was followed by Oman, with a X% share.

From 2012 to 2023, the average annual growth rate of value in the United Arab Emirates stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Kuwait (X% per year) and Oman (X% per year).

Import Prices by Country

The import price in GCC stood at $X per unit in 2023, with a decrease of X% against the previous year. Overall, the import price, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2022, and then shrank in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bahrain (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform