MENA: Video Projector Market 2024

Video Projector Market Size in MENA

For the third year in a row, the MENA's video projector market recorded growth in sales value, which increased by X% to $X in 2023. In general, consumption, however, continues to indicate a slight reduction. As a result, consumption reached the peak level of $X. From 2020 to 2023, the growth of the market remained at a lower figure.

Video Projector Production in MENA

In value terms, video projector production soared to $X in 2023 estimated in export price. Over the period under review, production continues to indicate significant growth. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Video Projector Exports

Exports in MENA

In 2023, approx. X units of video projectors were exported in MENA; jumping by X% on the year before. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, video projector exports reduced to $X in 2023. Over the period under review, exports, however, recorded a slight decrease. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates dominates exports structure, accounting for X units, which was near X% of total exports in 2023. Saudi Arabia (X units) followed a long way behind the leaders.

The United Arab Emirates was also the fastest-growing in terms of the video projectors exports, with a CAGR of X% from 2012 to 2023. At the same time, Saudi Arabia (X%) displayed positive paces of growth. From 2012 to 2023, the share of the United Arab Emirates increased by X percentage points.

In value terms, the United Arab Emirates ($X) remains the largest video projector supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports.

In the United Arab Emirates, video projector exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in MENA stood at $X per unit in 2023, falling by X% against the previous year. Overall, the export price faced a sharp decline. The pace of growth was the most pronounced in 2021 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2023, the export prices remained at a 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 Saudi Arabia ($X per unit), while the United Arab Emirates amounted to $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%).

Video Projector Imports

Imports in MENA

Video projector imports fell notably to X units in 2023, waning by X% against the previous year's figure. In general, imports showed a pronounced setback. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2023, the growth of imports remained at a lower figure.

In value terms, video projector imports dropped to $X in 2023. Overall, imports showed a noticeable decrease. The pace of growth appeared the most rapid in 2022 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

The United Arab Emirates was the key importer of video projectors in MENA, with the volume of imports reaching X units, which was approx. X% of total imports in 2023. Turkey (X units) held the second position in the ranking, followed by Morocco (X units). All these countries together took approx. X% share of total imports. Kuwait (X units), Israel (X units), Iraq (X units), Saudi Arabia (X units), Egypt (X units), Qatar (X units), Iran (X units) and Bahrain (X units) held a relatively small share of total imports.

From 2012 to 2023, average annual rates of growth with regard to video projector imports into the United Arab Emirates stood at X%. At the same time, Egypt (X%), Iraq (X%), Bahrain (X%), Morocco (X%), Kuwait (X%) and Qatar (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2023. By contrast, Turkey (X%), Israel (X%), Iran (X%) and Saudi Arabia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the United Arab Emirates, Morocco, Iraq, Kuwait and Egypt increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported video projectors in MENA, comprising X% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2023, the average annual growth rate of value in the United Arab Emirates was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Saudi Arabia (X% per year) and Turkey (X% per year).

Import Prices by Country

The import price in MENA stood at $X per unit in 2023, picking up by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The level of import peaked at $X per unit in 2021; however, from 2022 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Saudi Arabia ($X per unit), while Iraq ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform