GCC: Calendering Machine Market 2024

Calendering Machine Market Size in GCC

In 2023, the GCC calendering machine market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, posted a resilient expansion. The level of consumption peaked in 2023 and is expected to retain growth in the immediate term.

Calendering Machine Production in GCC

In value terms, calendering machine production fell slightly to $X in 2023 estimated in export price. Overall, production enjoyed a modest expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2023, production growth remained at a somewhat lower figure.

Calendering Machine Exports

Exports in GCC

In 2023, calendering machine exports in GCC was estimated at X units, picking up by X% compared with the previous year's figure. Overall, exports saw buoyant growth. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2023 and are expected to retain growth in the immediate term.

In value terms, calendering machine exports plummeted to $X in 2023. In general, exports saw a strong increase. The pace of growth was the most pronounced in 2013 when exports increased by X%. The level of export peaked at $X in 2022, and then declined sharply in the following year.

Exports by Country

In 2023, the United Arab Emirates (X units) was the major exporter of calendering and rolling machines, generating X% of total exports. It was distantly followed by Saudi Arabia (X units) and Bahrain (X units), together committing a X% share of total exports. Oman (X units) took a little share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the calendering and rolling machines exports, with a CAGR of X% from 2012 to 2023. At the same time, Bahrain (X%) and Saudi Arabia (X%) displayed positive paces of growth. By contrast, Oman (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.), Oman (X p.p.) and Saudi Arabia (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Bahrain ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

Saudi Arabia, 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 GCC stood at $X per unit in 2023, declining by X% against the previous year. In general, the export price, however, enjoyed measured growth. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Bahrain ($X per unit), while Oman ($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 mixed trends in the export price figures.

Calendering Machine Imports

Imports in GCC

In 2023, approx. X units of calendering and rolling machines were imported in GCC; with a decrease of X% on the previous year's figure. Over the period under review, imports, however, continue to indicate measured growth. The most prominent rate of growth was recorded in 2022 with an increase of X%. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2023, imports failed to regain momentum.

In value terms, calendering machine imports shrank significantly to $X in 2023. Overall, imports, however, showed a noticeable increase. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2023, imports remained at a lower figure.

Imports by Country

The United Arab Emirates prevails in imports structure, accounting for X units, which was approx. X% of total imports in 2023. The following importers - Oman (X units), Kuwait (X units) and Qatar (X units) - together made up X% of total imports.

The United Arab Emirates was also the fastest-growing in terms of the calendering and rolling machines imports, with a CAGR of X% from 2012 to 2023. At the same time, Oman (X%) displayed positive paces of growth. By contrast, Qatar (X%) and Kuwait (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.) and Oman (X p.p.) significantly strengthened its position in terms of the total imports, while Qatar and Kuwait saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported calendering and rolling machines in GCC, comprising X% of total imports. The second position in the ranking was held by Oman ($X), with a X% share of total imports. It was followed by Qatar, 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: Oman (X% per year) and Qatar (X% per year).

Import Prices by Country

The import price in GCC stood at $X per unit in 2023, shrinking by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2023, the 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 Qatar ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Qatar (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform