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Jun 04, 2025

Middle East's Concrete-Mixer Lorry Market to Witness Modest Growth with +1.8% CAGR - News and Statistics - IndexBox

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform. IndexBox has just published a new report: Middle East - Concrete-Mixer Lorries - Market Analysis,

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IndexBox has just published a new report: Middle East - Concrete-Mixer Lorries - Market Analysis, Forecast, Size, Trends And Insights.

The article discusses the rising demand for concrete-mixer lorries in the Middle East, forecasting a slight increase in market performance with a +1.8% CAGR in volume and +2.4% CAGR in value from 2024 to 2035. By the end of 2035, the market volume is predicted to reach 2.7K units and the market value to $324M (in nominal wholesale prices).

Driven by rising demand for concrete-mixer lorry in the Middle East, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +1.8% for the period from 2024 to 2035, which is projected to bring the market volume to 2.7K units by the end of 2035.

In value terms, the market is forecast to increase with an anticipated CAGR of +2.4% for the period from 2024 to 2035, which is projected to bring the market value to $324M (in nominal wholesale prices) by the end of 2035.

In 2024, after four years of growth, there was decline in consumption of concrete-mixer lorries, when its volume decreased by -1.2% to 2.2K units. In general, consumption continues to indicate a relatively flat trend pattern. The volume of consumption peaked at 2.4K units in 2013; however, from 2014 to 2024, consumption failed to regain momentum.

The value of the concrete-mixer lorry market in the Middle East contracted to $250M in 2024, declining by -13.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a slight slump. Over the period under review, the market reached the maximum level at $291M in 2013; however, from 2014 to 2024, consumption remained at a lower figure.

The countries with the highest volumes of consumption in 2024 were Saudi Arabia (783 units), Turkey (649 units) and Iraq (290 units), with a combined 79% share of total consumption. The United Arab Emirates, Palestine, Israel and Kuwait lagged somewhat behind, together comprising a further 12%.

From 2013 to 2024, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Palestine (with a CAGR of +17.0%), while consumption for the other leaders experienced more modest paces of growth.

In value terms, the largest concrete-mixer lorry markets in the Middle East were Turkey ($98M), Saudi Arabia ($82M) and Iraq ($25M), with a combined 82% share of the total market. The United Arab Emirates, Palestine, Kuwait and Israel lagged somewhat behind, together accounting for a further 12%.

Among the main consuming countries, Palestine, with a CAGR of +17.7%, recorded the highest growth rate of market size over the period under review, while market for the other leaders experienced more modest paces of growth.

The countries with the highest levels of concrete-mixer lorry per capita consumption in 2024 were Saudi Arabia (21 units per million persons), the United Arab Emirates (14 units per million persons) and Palestine (8 units per million persons).

From 2013 to 2024, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Palestine (with a CAGR of +14.3%), while consumption for the other leaders experienced mixed trends in the per capita consumption figures.

Concrete-mixer lorry production fell modestly to 876 units in 2024, reducing by -1.8% against 2023. The total output volume increased at an average annual rate of +1.8% over the period from 2013 to 2024; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 27%. As a result, production reached the peak volume of 974 units. From 2019 to 2024, production growth remained at a somewhat lower figure.

In value terms, concrete-mixer lorry production shrank to $125M in 2024 estimated in export price. The total output value increased at an average annual rate of +1.2% over the period from 2013 to 2024; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by 31%. Over the period under review, production reached the peak level at $143M in 2023, and then reduced in the following year.

Turkey (752 units) remains the largest concrete-mixer lorry producing country in the Middle East, accounting for 86% of total volume. Moreover, concrete-mixer lorry production in Turkey exceeded the figures recorded by the second-largest producer, Lebanon (32 units), more than tenfold. Israel (32 units) ranked third in terms of total production with a 3.7% share.

From 2013 to 2024, the average annual rate of growth in terms of volume in Turkey amounted to +1.1%. The remaining producing countries recorded the following average annual rates of production growth: Lebanon (+7.5% per year) and Israel (+1.2% per year).

In 2024, concrete-mixer lorry imports in the Middle East expanded remarkably to 1.5K units, with an increase of 5.5% on 2023 figures. In general, imports, however, continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2023 with an increase of 46%. The volume of import peaked at 1.9K units in 2013; however, from 2014 to 2024, imports failed to regain momentum.

In value terms, concrete-mixer lorry imports shrank to $149M in 2024. Over the period under review, imports, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2023 with an increase of 75% against the previous year. The level of import peaked at $220M in 2013; however, from 2014 to 2024, imports stood at a somewhat lower figure.

In 2024, Saudi Arabia (831 units) was the largest importer of concrete-mixer lorries, mixing up 54% of total imports. It was distantly followed by Iraq (292 units) and the United Arab Emirates (148 units), together generating a 29% share of total imports. Palestine (47 units), Jordan (39 units), Syrian Arab Republic (33 units) and Oman (32 units) followed a long way behind the leaders.

Saudi Arabia experienced a relatively flat trend pattern with regard to volume of imports of concrete-mixer lorries. At the same time, Palestine (+14.1%), the United Arab Emirates (+2.9%) and Iraq (+1.0%) displayed positive paces of growth. Moreover, Palestine emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +14.1% from 2013-2024. By contrast, Syrian Arab Republic (-3.0%), Jordan (-6.5%) and Oman (-9.4%) illustrated a downward trend over the same period. Saudi Arabia (+9.4 p.p.), Iraq (+5.2 p.p.), the United Arab Emirates (+3.9 p.p.) and Palestine (+2.5 p.p.) significantly strengthened its position in terms of the total imports, while Jordan and Oman saw its share reduced by -1.8% and -2.9% from 2013 to 2024, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($80M) constitutes the largest market for imported concrete-mixer lorries in the Middle East, comprising 54% of total imports. The second position in the ranking was taken by Iraq ($26M), with a 17% share of total imports. It was followed by the United Arab Emirates, with a 13% share.

From 2013 to 2024, the average annual rate of growth in terms of value in Saudi Arabia amounted to -2.1%. In the other countries, the average annual rates were as follows: Iraq (-0.2% per year) and the United Arab Emirates (+6.7% per year).

The import price in the Middle East stood at $96 thousand per unit in 2024, waning by -17.5% against the previous year. Over the period under review, the import price showed a mild descent. The most prominent rate of growth was recorded in 2023 when the import price increased by 20% against the previous year. Over the period under review, import prices hit record highs at $136 thousand per unit in 2017; however, from 2018 to 2024, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2024, amid the top importers, the country with the highest price was Jordan ($132 thousand per unit), while Syrian Arab Republic ($32 thousand per unit) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Jordan (+5.6%), while the other leaders experienced more modest paces of growth.

In 2024, overseas shipments of concrete-mixer lorries increased by 65% to 233 units for the first time since 2019, thus ending a four-year declining trend. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 69%. As a result, the exports attained the peak of 775 units. From 2020 to 2024, the growth of the exports remained at a somewhat lower figure.

In value terms, concrete-mixer lorry exports surged to $27M in 2024. In general, exports, however, recorded a slight curtailment. Over the period under review, the exports hit record highs at $63M in 2019; however, from 2020 to 2024, the exports failed to regain momentum.

Turkey was the main exporting country with an export of around 117 units, which resulted at 50% of total exports. Saudi Arabia (48 units) held a 21% share (based on physical terms) of total exports, which put it in second place, followed by Jordan (8.6%) and Lebanon (8.6%). The following exporters - Oman (8 units) and the United Arab Emirates (7 units) - each accounted for a 6.4% share of total exports.

From 2013 to 2024, average annual rates of growth with regard to concrete-mixer lorry exports from Turkey stood at +1.1%. At the same time, Saudi Arabia (+15.3%) and Lebanon (+4.0%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +15.3% from 2013-2024. By contrast, Oman (-2.0%), Jordan (-3.0%) and the United Arab Emirates (-13.1%) illustrated a downward trend over the same period. While the share of Saudi Arabia (+16 p.p.), Turkey (+3.4 p.p.) and Lebanon (+2.7 p.p.) increased significantly in terms of the total exports from 2013-2024, the share of Jordan (-4 p.p.) and the United Arab Emirates (-11.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($18M) remains the largest concrete-mixer lorry supplier in the Middle East, comprising 67% of total exports. The second position in the ranking was held by Saudi Arabia ($4.2M), with a 16% share of total exports. It was followed by Jordan, with a 7.9% share.

In Turkey, concrete-mixer lorry exports remained relatively stable over the period from 2013-2024. In the other countries, the average annual rates were as follows: Saudi Arabia (+9.7% per year) and Jordan (-7.7% per year).

The export price in the Middle East stood at $117 thousand per unit in 2024, with a decrease of -9.6% against the previous year. Overall, the export price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2021 an increase of 23% against the previous year. Over the period under review, the export prices attained the maximum at $146 thousand per unit in 2014; however, from 2015 to 2024, 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 Turkey ($155 thousand per unit), while Lebanon ($44 thousand per unit) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Lebanon (+12.7%), while the other leaders experienced a decline in the export price figures.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the concrete-mixer lorry 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.

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:

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.

Making Data-Driven Decisions to Grow Your Business

A Quick Overview of Market Performance

Understanding the Current State of The Market and its Prospects

Finding New Products to Diversify Your Business

Choosing the Best Countries to Establish Your Sustainable Supply Chain

Choosing the Best Countries to Boost Your Export

The Latest Trends and Insights into The Industry

The Largest Import Supplying Countries

The Largest Destinations for Exports

The Largest Producers on The Market and Their Profiles

The Largest Markets And Their Profiles