MENA: Christmas Decoration Market 2024

Christmas Decoration Market Size in MENA

The MENA's christmas decoration market fell modestly to $X in 2022, waning by X% against the previous year. The total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Christmas Decoration Production in MENA

In value terms, christmas decoration production fell to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a strong expansion. The growth pace was the most rapid in 2019 with an increase of X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Christmas Decoration Exports

Exports in MENA

In 2022, overseas shipments of christmas decoration increased by X% to X units, rising for the second consecutive year after two years of decline. Total exports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, christmas decoration exports soared to $X in 2022. Overall, exports enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in years to come.

Exports by Country

The United Arab Emirates (X units) and Turkey (X units) dominates exports structure, together making up X% of total exports. It was distantly followed by Lebanon (X units) and Egypt (X units), together achieving a X% share of total exports. The following exporters - Jordan (X units), Saudi Arabia (X units) and Iran (X units) - each resulted at a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Egypt (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest christmas decoration supplying countries in MENA were Turkey ($X), the United Arab Emirates ($X) and Egypt ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Egypt, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, waning by X% against the previous year. Export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per unit), while Iran ($X per unit) was amongst the lowest.

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

Christmas Decoration Imports

Imports in MENA

In 2022, imports of christmas decoration in MENA shrank remarkably to X units, dropping by X% against the previous year. Over the period under review, imports showed a perceptible slump. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, christmas decoration imports shrank remarkably to $X in 2022. Overall, imports saw a perceptible descent. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates represented the largest importer of christmas decoration in MENA, with the volume of imports recording X units, which was near X% of total imports in 2022. Iraq (X units) held the second position in the ranking, followed by Turkey (X units), Israel (X units) and Lebanon (X units). All these countries together held near X% share of total imports. Qatar (X units), Egypt (X units), Iran (X units), Bahrain (X units), Morocco (X units), Jordan (X units) and Kuwait (X units) held a relatively small 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, Israel (X%), Morocco (X%), Iran (X%), Egypt (X%), Bahrain (X%), Iraq (X%) and Qatar (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, Turkey (X%), Kuwait (X%), Jordan (X%) and Lebanon (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.), Israel (X p.p.), Iraq (X p.p.), Kuwait (X p.p.), Morocco (X p.p.), Iran (X p.p.), Egypt (X p.p.) and Qatar (X p.p.) significantly strengthened its position in terms of the total imports, while Jordan and Lebanon saw its share reduced by 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 ($X) constitutes the largest market for imported christmas decoration in MENA, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports. It was followed by Israel, with a X% share.

In the United Arab Emirates, christmas decoration imports plunged by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Turkey (X% per year) and Israel (X% per year).

Import Prices by Country

The import price in MENA stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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