MENA: Microphone Market 2024

Microphone Market Size in MENA

The MENA's microphone market stood at $X in 2022, remaining stable against the previous year. In general, consumption saw notable growth. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Microphone Production in MENA

In value terms, microphone production totaled $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Microphone Exports

Exports in MENA

In 2022, shipments abroad of microphones and their stands increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. In general, exports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, microphone exports surged to $X in 2022. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates represented the main exporter of microphones and their stands in MENA, with the volume of exports accounting for X units, which was near X% of total exports in 2022. Oman (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Israel (X%). Turkey (X units) and Kuwait (X units) held a minor share of total exports.

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

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

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates stood at X%. 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, growing by X% against the previous year. In general, the export price continues to indicate pronounced growth. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced mixed trends in the export price figures.

Microphone Imports

Imports in MENA

Microphone imports rose notably to X units in 2022, growing by X% against the year before. Over the period under review, imports saw slight growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of import peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, microphone imports expanded notably to $X in 2022. Total imports 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, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, the United Arab Emirates (X units) represented the largest importer of microphones and their stands, committing X% of total imports. Turkey (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Egypt (X%), Iran (X%) and Qatar (X%). The following importers - Israel (X units), Iraq (X units), Tunisia (X units), Morocco (X units), Algeria (X units) and Libya (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to microphone imports into the United Arab Emirates stood at X%. At the same time, Qatar (X%), Egypt (X%), Libya (X%), Turkey (X%), Tunisia (X%), Morocco (X%) and Israel (X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. Iraq experienced a relatively flat trend pattern. By contrast, Algeria (X%) and Iran (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.), Turkey (X p.p.), Egypt (X p.p.), Qatar (X p.p.), Tunisia (X p.p.) and Israel (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Algeria (X p.p.) and Iran (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 ($X) constitutes the largest market for imported microphones and their stands in MENA, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with an X% share of total imports. It was followed by Israel, with a X% share.

In the United Arab Emirates, microphone 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: Turkey (X% per year) and Israel (X% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per unit, therefore, remained relatively stable against the previous year. In general, the import price, however, enjoyed a tangible increase. The pace of growth appeared the most rapid in 2013 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per unit), while Tunisia ($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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