Middle East: Filling Containers Machinery Market 2024

Filling Containers Machinery Market Size in the Middle East

The Middle Eastern filling containers machinery market skyrocketed to $X in 2022, rising by X% against the previous year. In general, consumption, however, showed a abrupt shrinkage. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Filling Containers Machinery Production in the Middle East

In value terms, filling containers machinery production expanded sharply to $X in 2022 estimated in export price. In general, production, however, continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Filling Containers Machinery Exports

Exports in the Middle East

After two years of growth, shipments abroad of machinery for filling, closing, sealing, capsuling or labelling containers decreased by X% to X units in 2022. Over the period under review, exports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, filling containers machinery exports reduced markedly to $X in 2022. Overall, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2021, and then fell rapidly in the following year.

Exports by Country

Israel (X units) and Turkey (X units) prevails in exports structure, together creating X% of total exports. It was distantly followed by the United Arab Emirates (X units), creating an X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Turkey (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest filling containers machinery supplying countries in the Middle East were Israel ($X), Turkey ($X) and the United Arab Emirates ($X), together accounting for X% of total exports.

Turkey, with a CAGR of X%, recorded 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

In 2022, the export price in the Middle East amounted to $X per unit, waning by X% against the previous year. Over the period under review, the export price continues to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2017 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 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 Israel ($X per unit), while the United Arab Emirates ($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 export price figures.

Filling Containers Machinery Imports

Imports in the Middle East

In 2022, imports of machinery for filling, closing, sealing, capsuling or labelling containers in the Middle East skyrocketed to X units, picking up by X% against 2021. Over the period under review, imports posted resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, filling containers machinery imports fell to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

Kuwait was the largest importer of machinery for filling, closing, sealing, capsuling or labelling containers in the Middle East, with the volume of imports recording X units, which was near X% of total imports in 2022. Iraq (X units) ranks second in terms of the total imports with a X% share, followed by Turkey (X%) and Iran (X%). Qatar (X units), Israel (X units), Syrian Arab Republic (X units), Yemen (X units), the United Arab Emirates (X units), Oman (X units) and Bahrain (X units) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to filling containers machinery imports into Kuwait stood at X%. At the same time, Bahrain (X%), Yemen (X%), Qatar (X%), Iraq (X%), Syrian Arab Republic (X%), the United Arab Emirates (X%), Israel (X%), Oman (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Iran (X%) illustrated a downward trend over the same period. While the share of Kuwait (X p.p.) and Iraq (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Oman (X p.p.), Israel (X p.p.), Turkey (X p.p.) and Iran (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest filling containers machinery importing markets in the Middle East were Turkey ($X), Iraq ($X) and Iran ($X), with a combined X% share of total imports. The United Arab Emirates, Kuwait, Israel, Qatar, Yemen, Syrian Arab Republic, Oman and Bahrain lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Qatar, 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

The import price in the Middle East stood at $X per unit in 2022, waning by X% against the previous year. In general, the import price showed a deep reduction. The pace of growth appeared the most rapid in 2016 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the import prices remained at a somewhat lower figure.

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 the United Arab Emirates ($X per unit), while Kuwait ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :