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GCC - Air or Vacuum Pumps and Air or Other Gas Compressors - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGCC: Market for Vacuum Pumps and Air or Gas Compressors 2024
Market Size for Vacuum Pumps and Air or Gas Compressors in GCC
In 2022, the GCC market for vacuum pumps and air or gas compressors decreased by X% to $X, falling for the second year in a row after two years of growth. In general, consumption continues to indicate a pronounced descent. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.
Production of Vacuum Pumps and Air or Gas Compressors in GCC
In value terms, production of vacuum pumps and air or gas compressors skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.
Exports of Vacuum Pumps and Air or Gas Compressors
Exports in GCC
In 2022, exports of vacuum pumps and air or gas compressors in GCC soared to X units, picking up by X% on the year before. Overall, exports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.
In value terms, exports of vacuum pumps and air or gas compressors surged to $X in 2022. In general, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
Exports by Country
The United Arab Emirates prevails in compressors structure, finishing at X units, which was approx. X% of total exports in 2022. The following exporters - Kuwait (X units), Bahrain (X units) and Saudi Arabia (X units) - together made up X% of total exports.
Exports from the United Arab Emirates increased at an average annual rate of X% from 2012 to 2022. At the same time, Saudi Arabia (X%), Kuwait (X%) and Bahrain (X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2022. Kuwait (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United Arab Emirates ($X) remains the largest vacuum pump and air or gas compressor supplier in GCC, comprising X% of total exports. The second position in the ranking was held by Kuwait ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.
From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates stood at X%. In the other countries, the average annual rates were as follows: Kuwait (X% per year) and Saudi Arabia (X% per year).
Export Prices by Country
In 2022, the export price in GCC amounted to $X per unit, reducing by X% against the previous year. Overall, the export price, however, showed a moderate expansion. The pace of growth was the most pronounced in 2019 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while Bahrain ($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.
Imports of Vacuum Pumps and Air or Gas Compressors
Imports in GCC
After three years of growth, purchases abroad of vacuum pumps and air or gas compressors decreased by X% to X units in 2022. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when imports increased by X%. The volume of import peaked at X units in 2021, and then shrank rapidly in the following year.
In value terms, imports of vacuum pumps and air or gas compressors rose rapidly to $X in 2022. Over the period under review, imports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.
Imports by Country
In 2022, the United Arab Emirates (X units) represented the main importer of vacuum pumps and air or gas compressors, mixing up X% of total imports. Saudi Arabia (X units) ranks second in terms of the total imports with a X% share, followed by Kuwait (X%). The following importers - Bahrain (X units), Qatar (X units) and Oman (X units) - each resulted at a X% share of total imports.
From 2012 to 2022, average annual rates of growth with regard to vacuum pump and air or gas compressor imports into the United Arab Emirates stood at X%. At the same time, Kuwait (X%) and Qatar (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. By contrast, Oman (X%), Bahrain (X%) and Saudi Arabia (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.) and Kuwait (X p.p.) significantly strengthened its position in terms of the total imports, while Oman, Bahrain and Saudi Arabia saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest vacuum pump and air or gas compressor importing markets in GCC were the United Arab Emirates ($X), Saudi Arabia ($X) and Kuwait ($X), with a combined X% share of total imports.
Kuwait, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.
Import Prices by Country
The import price in GCC stood at $X per unit in 2022, picking up by X% against the previous year. In general, the import price, however, recorded a perceptible curtailment. Over the period under review, import prices attained the maximum at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Oman ($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 Bahrain (X%), while the other leaders experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for vacuum pump and air or gas compressor in GCC. 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 28132170 - Rotary piston vacuum pumps, sliding vane rotary pumps, m olecular drag pumps, Roots pumps, diffusion pumps, c ryopumps and adsorption pumps
- Prodcom 28132190 - Liquid ring
- Prodcom 28132200 - Hand or foot-operated air pumps
- Prodcom 28132300 - Compressors for refrigeration equipment
- Prodcom 28132400 - Air compressors mounted on a wheeled chassis for towing
- Prodcom 28132530 - Turbo-compressors, single stage
- Prodcom 28132550 - Turbo-compressors, multistage
- Prodcom 28132630 - Reciprocating displacement compressors having a gauge pressure capacity . .15 bar, giving a flow . .60 m./hour
- Prodcom 28132650 - Reciprocating displacement compressors having a gauge pressure capacity . .15 bar, giving a flow per hour > .60 m.
- Prodcom 28132670 - Reciprocating displacement compressors having a gauge pressure capacity > .15 bar, giving a flow per hour . .120 m.
- Prodcom 28132690 - Reciprocating displacement compressors having a gauge pressure capacity > .15 bar, giving a flow per hour > .120 m.
- Prodcom 28132730 - Rotary displacement compressors, single-shaft
- Prodcom 28132753 - Multi-shaft screw compressors
- Prodcom 28132755 - Multi-shaft compressors (excluding screw compressors)
- Prodcom 28132800 - Air/gas compressors excluding air/vacuum pumps used in refrigeration, air compressors mounted on wheeled chassis, t urbo compressors, reciprocating and rotary displacement compressors
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in GCC, split by region and country
- Trade (exports and imports) in GCC
- 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
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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
- Kuwait
- Oman
- Qatar
- Saudi Arabia
- United Arab Emirates
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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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