MENA: Electrical Signalling Apparatus Market 2024

Electrical Signalling Apparatus Market Size in MENA

The MENA's electrical signalling apparatus market skyrocketed to $X in 2022, surging by X% against the previous year. In general, consumption, however, continues to indicate a mild slump. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Electrical Signalling Apparatus Production in MENA

In value terms, electrical signalling apparatus production declined to $X in 2022 estimated in export price. Over the period under review, production recorded a deep contraction. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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Electrical Signalling Apparatus Exports

Exports in MENA

In 2022, shipments abroad of electrical apparatus for sound or visual signalling increased by X% to X units, rising for the second consecutive year after two years of decline. In general, exports enjoyed a moderate expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, electrical signalling apparatus exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates represented the major exporter of electrical apparatus for sound or visual signalling in MENA, with the volume of exports reaching X units, which was approx. X% of total exports in 2022. Israel (X units) ranks second in terms of the total exports with a X% share, followed by Turkey (X%). Saudi Arabia (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the United Arab Emirates ($X) emerged as the largest electrical signalling apparatus supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Israel ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

In the United Arab Emirates, electrical signalling apparatus exports expanded at 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: Israel (X% per year) and Turkey (X% per year).

Export Prices by Country

The export price in MENA stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the export price, however, showed a perceptible slump. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

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

Electrical Signalling Apparatus Imports

Imports in MENA

In 2022, supplies from abroad of electrical apparatus for sound or visual signalling increased by X% to X units, rising for the second consecutive year after two years of decline. In general, imports recorded resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electrical signalling apparatus imports soared to $X in 2022. Over the period under review, imports continue to indicate a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United Arab Emirates (X units) represented the major importer of electrical apparatus for sound or visual signalling, achieving X% of total imports. Morocco (X units) took the second position in the ranking, followed by Turkey (X units). All these countries together held near X% share of total imports. Oman (X units), Tunisia (X units), Israel (X units) and Kuwait (X units) held a relatively small share of total imports.

The United Arab Emirates was also the fastest-growing in terms of the electrical apparatus for sound or visual signalling imports, with a CAGR of X% from 2012 to 2022. At the same time, Kuwait (X%), Morocco (X%), Oman (X%), Israel (X%) and Turkey (X%) displayed positive paces of growth. By contrast, Tunisia (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.), Morocco (X p.p.) and Kuwait (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Turkey (X p.p.) and Tunisia (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 ($X) constitutes the largest market for imported electrical apparatus for sound or visual signalling in MENA, comprising X% of total imports. The second position in the ranking was taken by Kuwait ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

In the United Arab Emirates, electrical signalling apparatus imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kuwait (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per unit, with a decrease of X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 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 Kuwait ($X per unit), while Morocco ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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