MENA: Ophthalmic Instruments Market 2024

Ophthalmic Instruments Market Size in MENA

The MENA's ophthalmic instruments market reduced to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption posted buoyant growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Ophthalmic Instruments Production in MENA

In value terms, ophthalmic instruments production reduced to $X in 2022 estimated in export price. Overall, production recorded prominent growth. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Ophthalmic Instruments Exports

Exports in MENA

In 2022, shipments abroad of ophthalmic instruments and appliances increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports saw a resilient increase. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The volume of export peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, ophthalmic instruments exports amounted to $X in 2022. In general, exports posted resilient growth. The pace of growth was the most pronounced in 2015 with an increase of X%. The level of export peaked in 2022 and is likely to continue growth in years to come.

Exports by Country

The United Arab Emirates (X units) and Israel (X units) represented roughly X% of total exports in 2022. Turkey (X units) held the next position in the ranking, distantly followed by Saudi Arabia (X units). All these countries together held approx. X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest ophthalmic instruments supplying countries in MENA were Israel ($X), the United Arab Emirates ($X) and Turkey ($X), with a combined X% share of total exports.

In terms of the main exporting countries, the United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of exports, 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, falling by X% against the previous year. Over the period under review, the export price showed a mild setback. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then shrank markedly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per unit), while Saudi Arabia ($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 a decline in the export price figures.

Ophthalmic Instruments Imports

Imports in MENA

In 2022, the amount of ophthalmic instruments and appliances imported in MENA reached X units, surging by X% on 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, ophthalmic instruments imports reduced to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

In 2022, Turkey (X units), distantly followed by the United Arab Emirates (X units), Iran (X units), Israel (X units), Algeria (X units), Morocco (X units), Iraq (X units) and Egypt (X units) were the key importers of ophthalmic instruments and appliances, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Iran ($X) and Israel ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Israel, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries 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, shrinking by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2021, and then dropped in the following year.

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

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

Source: IndexBox Platform

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