Middle East - Power Tools - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMiddle East: Power Tool Market 2024
Power Tool Market Size in the Middle East
The Middle Eastern power tool market soared to $X in 2023, increasing by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.
Power Tool Production in the Middle East
In value terms, power tool production reduced rapidly to $X in 2023 estimated in export price. Over the period under review, production faced a sharp curtailment. 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 2023, production growth remained at a somewhat lower figure.
Power Tool Exports
Exports in the Middle East
In 2023, the amount of power tools exported in the Middle East soared to X units, picking up by X% on the previous year's figure. In general, exports, however, recorded a noticeable downturn. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2023, the exports failed to regain momentum.
In value terms, power tool exports soared to $X in 2023. Over the period under review, exports, however, saw a pronounced contraction. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.
Exports by Country
The United Arab Emirates represented the largest exporting country with an export of about X units, which recorded X% of total exports. It was distantly followed by Turkey (X units), mixing up a X% share of total exports.
From 2012 to 2023, average annual rates of growth with regard to power tool exports from the United Arab Emirates stood at X%. Turkey (X%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.
In value terms, the United Arab Emirates ($X) remains the largest power tool supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of value in the United Arab Emirates amounted to X%.
Export Prices by Country
In 2023, the export price in the Middle East amounted to $X per unit, jumping by X% against the previous year. Overall, the export price, however, showed a mild descent. The level of export peaked at $X per unit in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the United Arab Emirates stood at $X per unit.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%).
Power Tool Imports
Imports in the Middle East
In 2023, supplies from abroad of power tools increased by X% to X units, rising for the fourth consecutive year after five years of decline. Total imports indicated a notable increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. The volume of import peaked in 2023 and is likely to see steady growth in years to come.
In value terms, power tool imports soared to $X in 2023. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.
Imports by Country
Turkey represented the main importer of power tools in the Middle East, with the volume of imports accounting for X units, which was approx. X% of total imports in 2023. The United Arab Emirates (X units) took the second position in the ranking, distantly followed by Iran (X units) and Iraq (X units). All these countries together took near X% share of total imports. The following importers - Israel (X units) and Kuwait (X units) - together made up X% of total imports.
From 2012 to 2023, the biggest increases were recorded for Iraq (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest power tool importing markets in the Middle East were Turkey ($X), the United Arab Emirates ($X) and Israel ($X), with a combined X% share of total imports. Iran, Iraq and Kuwait lagged somewhat behind, together comprising a further X%.
In terms of the main importing countries, Iraq, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the import price in the Middle East amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price, however, saw a pronounced downturn. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2014 to 2023, the import prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per unit), while Iraq ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Israel (X%), while the other leaders experienced a decline in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the power tool market in the Middle East. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28241113 - Electromechanical hand drills operated without an external source of power
- Prodcom 28241115 - Electropneumatic drills of all kinds for working in the hand
- Prodcom 28241117 - Electromechanical hand drills of all kinds (excluding those operated without an external source of power, e lectropneumatic)
- Prodcom 28241120 - Electromechanical hand tools operated without an external source of power (excluding drills, saws )
- Prodcom 28241123 - Electromechanical chainsaws
- Prodcom 28241125 - Electromechanical circular saws
- Prodcom 28241127 - Electromechanical handsaws (excluding chainsaws, circular saws)
- Prodcom 28241133 -
- Prodcom 28241135 -
- Prodcom 28241150 - Grinders, sanders and planers, for working in the hand, with self-contained electric motor, operating with an external source of power
- Prodcom 28241180 - Electromechanical hedge trimmers and lawn edge cutters
- Prodcom 28241185 - Electromechanical hand tools, with self-contained electric motor operating with an external source of power (excluding saws, drills, grinders, sanders, planers, hedge trimmers and lawn edge cutters)
- Prodcom 28241190 -
Country coverage:
- Bahrain
- Iran
- Iraq
- Israel
- Jordan
- Kuwait
- Lebanon
- Oman
- Palestine
- Qatar
- Saudi Arabia
- Syrian Arab Republic
- Turkey
- United Arab Emirates
- Yemen
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in the Middle East, split by region and country
- Trade (exports and imports) in the Middle East
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Bahrain
- Iran
- Iraq
- Israel
- Jordan
- Kuwait
- Lebanon
- Oman
- Palestine
- Qatar
- Saudi Arabia
- Syrian Arab Republic
- Turkey
- United Arab Emirates
- Yemen
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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