MENA: Special Vehicle Body Market 2024

Special Vehicle Body Market Size in MENA

After two years of decline, the MENA's special vehicle body market increased by X% to $X in 2022. In general, consumption recorded a pronounced increase. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Special Vehicle Body Production in MENA

In value terms, special vehicle body production declined to $X in 2022 estimated in export price. In general, production recorded a resilient increase. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Special Vehicle Body Exports

Exports in MENA

After two years of growth, shipments abroad of bodies for special purpose motor vehicles decreased by X% to X units in 2022. In general, exports showed a perceptible decline. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, special vehicle body exports expanded to $X in 2022. Over the period under review, exports recorded a slight contraction. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Turkey prevails in exports structure, resulting at X units, which was approx. X% of total exports in 2022. The United Arab Emirates (X units), Kuwait (X units), Iran (X units) and Jordan (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to special vehicle body exports from Turkey stood at X%. At the same time, Iran (X%), Jordan (X%) and Kuwait (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. By contrast, the United Arab Emirates (X%) illustrated a downward trend over the same period. Kuwait (X p.p.), Iran (X p.p.) and Jordan (X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates and Turkey saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Turkey ($X) remains the largest special vehicle body supplier in MENA, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Iran, with a X% share.

In Turkey, special vehicle body exports contracted by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Iran (X% per year).

Export Prices by Country

The export price in MENA stood at $X per unit in 2022, surging by X% against the previous year. Overall, the export price continues to indicate slight growth. The pace of growth appeared the most rapid in 2016 when the export price increased by X%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Iran ($X per unit), while Jordan ($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 more modest paces of growth.

Special Vehicle Body Imports

Imports in MENA

In 2022, supplies from abroad of bodies for special purpose motor vehicles decreased by X% to X units, falling for the third consecutive year after two years of growth. Overall, imports, however, saw a slight expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The volume of import peaked at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, special vehicle body imports expanded notably to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates represented the main importing country with an import of around X units, which accounted for X% of total imports. It was distantly followed by Algeria (X units), Morocco (X units), Iraq (X units), Qatar (X units), Turkey (X units), Tunisia (X units) and Iran (X units), together mixing up a X% share of total imports.

Imports into the United Arab Emirates increased at an average annual rate of X% from 2012 to 2022. At the same time, Iraq (X%), Algeria (X%), Morocco (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, Tunisia (X%), Iran (X%) and Qatar (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.), Algeria (X p.p.), Iraq (X p.p.), Morocco (X p.p.) and Turkey (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Tunisia (X p.p.), Iran (X p.p.) and Qatar (X p.p.) displayed negative dynamics.

In value terms, Algeria ($X) constitutes the largest market for imported bodies for special purpose motor vehicles in MENA, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with an X% share of total imports. It was followed by Iran, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Algeria totaled X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Iran (X% per year).

Import Prices by Country

The import price in MENA stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2018; however, from 2019 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 Algeria ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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