Middle East: Market for Machinery for Filtering or Purifying Gases 2024

Market Size for Machinery for Filtering or Purifying Gases in the Middle East

After three years of decline, the Middle Eastern market for machinery for filtering or purifying gases increased by X% to $X in 2022. Overall, consumption, however, continues to indicate a strong expansion. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Machinery for Filtering or Purifying Gases in the Middle East

In value terms, production of machinery for filtering or purifying gases dropped to $X in 2022 estimated in export price. In general, production recorded buoyant growth. The growth pace was the most rapid in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2022, production of growth remained at a somewhat lower figure.

Exports of Machinery for Filtering or Purifying Gases

Exports in the Middle East

In 2022, shipments abroad of machinery for filtering or purifying gases increased by X% to X units, rising for the seventh year in a row after two years of decline. Overall, exports recorded prominent growth. The pace of growth was the most pronounced in 2021 with an increase of X%. The volume of export peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, exports of machinery for filtering or purifying gases soared to $X in 2022. Over the period under review, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.

Exports by Country

In 2022, Turkey (X units) represented the key exporter of machinery for filtering or purifying gases, achieving X% of total exports. It was distantly followed by the United Arab Emirates (X units), making up a X% share of total exports. Kuwait (X units) and Israel (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to machinery for filtering or purifying gases exports from Turkey stood at X%. At the same time, Kuwait (X%) and the United Arab Emirates (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. Israel experienced a relatively flat trend pattern. The United Arab Emirates (X p.p.) and Kuwait (X p.p.) significantly strengthened its position in terms of the total exports, while Israel and Turkey saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Kuwait ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Kuwait, with a CAGR of X%, saw 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

The export price in the Middle East stood at $X per unit in 2022, picking up by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the export prices remained 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 the United Arab Emirates ($X per unit), while Turkey ($X per unit) was amongst the lowest.

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

Imports of Machinery for Filtering or Purifying Gases

Imports in the Middle East

After two years of growth, purchases abroad of machinery for filtering or purifying gases decreased by X% to X units in 2022. Over the period under review, imports showed a pronounced decline. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure at X units in 2021, and then dropped rapidly in the following year.

In value terms, imports of machinery for filtering or purifying gases fell sharply to $X in 2022. In general, imports recorded a perceptible decline. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports of attained the peak figure at $X in 2021, and then reduced dramatically in the following year.

Imports by Country

In 2022, Turkey (X units) represented the key importer of machinery for filtering or purifying gases, constituting X% of total imports. It was distantly followed by Iran (X units), Israel (X units) and the United Arab Emirates (X units), together mixing up a X% share of total imports. Kuwait (X units) and Oman (X units) took a relatively small share of total imports.

Turkey experienced a relatively flat trend pattern with regard to volume of imports of machinery for filtering or purifying gases. At the same time, Kuwait (X%), the United Arab Emirates (X%) and Iran (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Oman (X%) and Israel (X%) illustrated a downward trend over the same period. Iran (X p.p.), Turkey (X p.p.), the United Arab Emirates (X p.p.) and Kuwait (X p.p.) significantly strengthened its position in terms of the total imports, while Oman and Israel saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Turkey ($X) constitutes the largest market for imported machinery for filtering or purifying gases in the Middle East, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Israel, with an X% share.

In Turkey, imports of machinery for filtering or purifying gases decreased by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Israel (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the import price continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :