Middle East: Transmission Apparatus Market 2024

Transmission Apparatus Exports

Exports in the Middle East

Transmission apparatus exports soared to X units in 2023, growing by X% against the previous year. Over the period under review, exports, however, saw a perceptible decrease. The volume of export peaked at X units in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

In value terms, transmission apparatus exports soared to $X in 2023. In general, exports posted a buoyant increase. Over the period under review, the exports hit record highs at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates dominates exports structure, finishing at X units, which was approx. X% of total exports in 2023. Oman (X units) held a minor share of total exports.

Exports from the United Arab Emirates decreased at an average annual rate of X% from 2012 to 2023. At the same time, Oman (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2023. The United Arab Emirates (X p.p.) and Oman (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 ($X) remains the largest transmission apparatus supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Oman ($X), with a X% share of total exports.

In the United Arab Emirates, transmission apparatus exports increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in the Middle East amounted to $X per unit, growing by X% against the previous year. In general, the export price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of export peaked at $X per unit in 2021; however, from 2022 to 2023, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Oman ($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 Oman (X%).

Transmission Apparatus Imports

Imports in the Middle East

In 2023, transmission apparatus imports in the Middle East was estimated at X units, picking up by X% on 2022 figures. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. The volume of import peaked at X units in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, transmission apparatus imports rose to $X in 2023. Total imports indicated a resilient expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the maximum in 2023 and are expected to retain growth in years to come.

Imports by Country

The United Arab Emirates was the key importing country with an import of about X units, which recorded X% of total imports. Iraq (X units) took the second position in the ranking, followed by Iran (X units). All these countries together held approx. X% share of total imports. Saudi Arabia (X units), Turkey (X units), Kuwait (X units) and Israel (X units) followed a long way behind the leaders.

Imports into the United Arab Emirates increased at an average annual rate of X% from 2012 to 2023. At the same time, Iran (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2023. Iraq, Kuwait and Israel experienced a relatively flat trend pattern. By contrast, Turkey (X%) and Saudi Arabia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the United Arab Emirates and Iran increased by 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 ($X) constitutes the largest market for imported transmission apparatus incorporating reception apparatus in the Middle East, comprising X% of total imports. The second position in the ranking was held by Iraq ($X), with a X% share of total imports. It was followed by Iran, with an X% share.

From 2012 to 2023, 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: Iraq (X% per year) and Iran (X% per year).

Import Prices by Country

In 2023, the import price in the Middle East amounted to $X per unit, with a decrease of X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2022, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform