MENA: Resistor Market 2024

Resistor Market Size in MENA

The MENA's resistor market fell to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, enjoyed prominent growth. Over the period under review, the market attained the peak level at $X in 2021, and then declined in the following year.

Resistor Production in MENA

In value terms, resistor production stood at $X in 2022 estimated in export price. The total production indicated resilient 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Resistor Exports

Exports in MENA

In 2022, overseas shipments of electrical resistors (except heating resistors) increased by X% to X units, rising for the fourth consecutive year after four years of decline. In general, exports saw a modest expansion. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, resistor exports soared to $X in 2022. Total exports indicated a prominent increase 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Israel dominates exports structure, resulting at X units, which was near X% of total exports in 2022. The United Arab Emirates (X units) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to resistor exports from Israel stood at X%. At the same time, the United Arab Emirates (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. Israel (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, Israel ($X) remains the largest resistor supplier in MENA, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Israel stood at X%.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per thousand units, falling by X% against the previous year. Over the period under review, the export price, however, saw a perceptible expansion. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per thousand units. From 2019 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 the United Arab Emirates ($X per thousand units), while Israel stood at $X per thousand units.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (X%).

Resistor Imports

Imports in MENA

In 2022, approx. X units of electrical resistors (except heating resistors) were imported in MENA; falling by X% compared with 2021 figures. In general, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, resistor imports reduced to $X in 2022. Overall, imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey represented the largest importer of electrical resistors (except heating resistors) in MENA, with the volume of imports amounting to X units, which was approx. X% of total imports in 2022. It was distantly followed by Tunisia (X units), making up a X% share of total imports. Iran (X units), Morocco (X units) and the United Arab Emirates (X units) followed a long way behind the leaders.

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

In value terms, Turkey ($X) constitutes the largest market for imported electrical resistors (except heating resistors) in MENA, comprising X% of total imports. The second position in the ranking was taken by Tunisia ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

In Turkey, resistor imports 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: Tunisia (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The import price in MENA stood at $X per thousand units in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per thousand units), while Turkey ($X per thousand units) 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