GCC: Computing Machinery Market 2024

Computing Machinery Exports

Exports in GCC

In 2022, computing machinery exports in GCC expanded significantly to X units, surging by X% against 2021 figures. In general, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports attained the maximum at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, computing machinery exports dropped slightly to $X in 2022. The total export 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 pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates prevails in exports structure, reaching X units, which was near X% of total exports in 2022. It was distantly followed by Saudi Arabia (X units), achieving a X% share of total exports. The following exporters - Oman (X units) and Bahrain (X units) - together made up X% of total exports.

Exports from the United Arab Emirates decreased at an average annual rate of X% from 2012 to 2022. At the same time, Oman (X%) and Saudi Arabia (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2022. By contrast, Bahrain (X%) illustrated a downward trend over the same period. While the share of Oman (X p.p.) and Saudi Arabia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Bahrain (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest computing machinery supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports. It was followed by Bahrain, with a X% share.

In the United Arab Emirates, computing machinery exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Saudi Arabia (X% per year) and Bahrain (X% per year).

Export Prices by Country

The export price in GCC stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the export price, however, showed a resilient expansion. The growth pace was the most rapid in 2016 an increase of X%. Over the period under review, the export prices attained the maximum at $X per unit in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Bahrain ($X per unit), while Oman ($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 mixed trends in the export price figures.

Computing Machinery Imports

Imports in GCC

In 2022, computing machinery imports in GCC reduced to X units, waning by X% compared with 2021 figures. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of X units, and then fell in the following year.

In value terms, computing machinery imports reduced to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

The United Arab Emirates was the main importer of computing machinery and parts and accessories thereof in GCC, with the volume of imports resulting at X units, which was near X% of total imports in 2022. It was distantly followed by Saudi Arabia (X units), generating a X% share of total imports. Kuwait (X units), Qatar (X units), Oman (X units) and Bahrain (X units) took a minor share of total imports.

The United Arab Emirates was also the fastest-growing in terms of the computing machinery and parts and accessories thereof imports, with a CAGR of X% from 2012 to 2022. At the same time, Oman (X%) displayed positive paces of growth. Qatar experienced a relatively flat trend pattern. By contrast, Saudi Arabia (X%), Kuwait (X%) and Bahrain (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total imports, while Bahrain, Kuwait 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 United Arab Emirates ($X) constitutes the largest market for imported computing machinery and parts and accessories thereof in GCC, comprising X% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total imports. It was followed by Qatar, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates was relatively modest. In the other countries, the average annual rates were as follows: Saudi Arabia (X% per year) and Qatar (X% per year).

Import Prices by Country

The import price in GCC stood at $X per unit in 2022, leveling off at the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the import price increased by X%. The level of import peaked at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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