MENA: Mechano-Therapy Appliances Market 2024

Mechano-Therapy Appliances Market Size in MENA

After seven years of growth, the MENA's mechano-therapy appliances market decreased by X% to $X in 2022. In general, consumption, however, posted resilient growth. Over the period under review, the market attained the peak level at $X in 2021, and then declined in the following year.

Mechano-Therapy Appliances Production in MENA

In value terms, mechano-therapy appliances production totaled $X in 2022 estimated in export price. Over the period under review, production recorded a prominent increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Mechano-Therapy Appliances Exports

Exports in MENA

In 2022, shipments abroad of mechano-therapy appliances and massage apparatus increased by X% to X units, rising for the third year in a row after two years of decline. Total exports indicated a modest expansion 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 2019 indices. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in the near future.

In value terms, mechano-therapy appliances exports expanded significantly to $X in 2022. In general, exports continue to indicate a measured expansion. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Israel represented the main exporter of mechano-therapy appliances and massage apparatus in MENA, with the volume of exports amounting to X units, which was near X% of total exports in 2022. Turkey (X units) ranks second in terms of the total exports with a X% share, followed by the United Arab Emirates (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Israel (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Israel ($X) remains the largest mechano-therapy appliances supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Turkey ($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%. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The export price in MENA stood at $X per unit in 2022, reducing by X% against the previous year. Export price indicated a moderate expansion 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. Based on 2022 figures, mechano-therapy appliances export price increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2021, and then fell modestly in the following year.

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 Israel ($X per unit), while Turkey ($X per unit) was amongst the lowest.

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

Mechano-Therapy Appliances Imports

Imports in MENA

After two years of growth, overseas purchases of mechano-therapy appliances and massage apparatus decreased by X% to X units in 2022. Over the period under review, imports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, mechano-therapy appliances imports fell markedly to $X in 2022. In general, imports, however, saw 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, and then shrank significantly in the following year.

Imports by Country

In 2022, Turkey (X units), Israel (X units) and Iraq (X units) was the main importer of mechano-therapy appliances and massage apparatus in MENA, making up X% of total import. The United Arab Emirates (X units) held the next position in the ranking, followed by Algeria (X units), Kuwait (X units), Morocco (X units) and Oman (X units). All these countries together took near X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Oman (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mechano-therapy appliances importing markets in MENA were Israel ($X), Turkey ($X) and the United Arab Emirates ($X), together accounting for X% of total imports. Morocco, Iraq, Kuwait, Algeria and Oman lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Iraq, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per unit in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached 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 Israel ($X per unit), while Oman ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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