MENA: Market for Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases 2024

Market Size for Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases in MENA

The MENA's market for non-electronic instruments for measuring or checking variables of liquids or gases was estimated at $X in 2022, picking up by X% against the previous year. Overall, consumption, however, posted a strong increase. Over the period under review, the market reached the peak level at $X in 2020; afterwards, it flattened through to 2022.

Production of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases in MENA

In value terms, non-electronic liquid or gas measurer production rose significantly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases

Exports in MENA

In 2022, overseas shipments of non-electronic instruments for measuring or checking variables of liquids or gases decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units, and then declined notably in the following year.

In value terms, non-electronic liquid or gas measurer exports soared to $X in 2022. Overall, exports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

The United Arab Emirates represented the major exporting country with an export of around X units, which finished at X% of total exports. Oman (X units) took the second position in the ranking, followed by Turkey (X units), Israel (X units) and Tunisia (X units). All these countries together took approx. X% share of total exports.

Exports from the United Arab Emirates increased at an average annual rate of X% from 2012 to 2022. At the same time, Oman (X%), Tunisia (X%), Israel (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Oman, the United Arab Emirates and Tunisia increased by X, X and X percentage points, respectively.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Israel ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports. Tunisia and Oman lagged somewhat behind, together accounting for a further X%.

Tunisia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MENA stood at $X per unit in 2022, picking up by X% against the previous year. In general, the export price, however, continues to indicate a deep downturn. Over the period under review, the export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

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

Imports of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases

Imports in MENA

In 2022, after two years of growth, there was significant decline in purchases abroad of non-electronic instruments for measuring or checking variables of liquids or gases, when their volume decreased by X% to X units. Over the period under review, imports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X units, and then dropped in the following year.

In value terms, non-electronic liquid or gas measurer imports expanded significantly to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Iran (X units) represented the largest importer of non-electronic instruments for measuring or checking variables of liquids or gases, comprising X% of total imports. The United Arab Emirates (X units) took the second position in the ranking, distantly followed by Turkey (X units), Israel (X units) and Bahrain (X units). All these countries together took near X% share of total imports. The following importers - Algeria (X units) and Oman (X units) - each reached a X% share of total imports.

Iran was also the fastest-growing in terms of the non-electronic instruments for measuring or checking variables of liquids or gases imports, with a CAGR of X% from 2012 to 2022. At the same time, Bahrain (X%), Israel (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Turkey experienced a relatively flat trend pattern. By contrast, Oman (X%) and Algeria (X%) illustrated a downward trend over the same period. While the share of Iran (X p.p.) and Bahrain (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Oman (X p.p.), the United Arab Emirates (X p.p.), Turkey (X p.p.) and Algeria (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 ($X), Turkey ($X) and Algeria ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Iran, Oman, Israel and Bahrain lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Iran, 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

In 2022, the import price in MENA amounted to $X per unit, surging by X% against the previous year. In general, the import price, however, saw a abrupt slump. The level of import peaked at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 Algeria ($X per unit), while Iran ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :