Middle East: Market for Air Conditioning Machines For Motor Vehicles 2024

Market Size for Air Conditioning Machines For Motor Vehicles in the Middle East

The Middle Eastern market for air conditioning machines for motor vehicles fell to $X in 2022, shrinking by X% against the previous year. In general, consumption, however, posted a strong increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Air Conditioning Machines For Motor Vehicles in the Middle East

In value terms, motor vehicle air conditioning machine production fell to $X in 2022 estimated in export price. Overall, production, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Exports of Air Conditioning Machines For Motor Vehicles

Exports in the Middle East

After two years of decline, overseas shipments of air conditioning machines for motor vehicles increased by X% to X units in 2022. In general, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports attained the peak figure at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, motor vehicle air conditioning machine exports skyrocketed to $X in 2022. Overall, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Turkey (X units) was the key exporter of air conditioning machines for motor vehicles, making up X% of total exports. Israel (X units) held the second position in the ranking, followed by the United Arab Emirates (X units). All these countries together took approx. X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to motor vehicle air conditioning machine exports from Turkey stood at X%. At the same time, the United Arab Emirates (X%) and Israel (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. The United Arab Emirates (X p.p.) and Turkey (X p.p.) significantly strengthened its position in terms of the total exports, while Israel saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Turkey ($X) remains the largest motor vehicle air conditioning machine supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey totaled X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Israel (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, falling by X% against the previous year. In general, the export price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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

Imports of Air Conditioning Machines For Motor Vehicles

Imports in the Middle East

For the third consecutive year, the Middle East recorded growth in purchases abroad of air conditioning machines for motor vehicles, which increased by X% to X units in 2022. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. The volume of import peaked in 2022 and is likely to see steady growth in the near future.

In value terms, motor vehicle air conditioning machine imports soared to $X in 2022. Total imports indicated strong 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, imports increased by X% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Saudi Arabia dominates imports structure, reaching X units, which was approx. X% of total imports in 2022. Turkey (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by the United Arab Emirates (X%).

Saudi Arabia was also the fastest-growing in terms of the air conditioning machines for motor vehicles imports, with a CAGR of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%) and Turkey (X%) displayed positive paces of growth. Saudi Arabia (X p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates and Turkey saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Turkey ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

In terms of the main importing countries, Saudi Arabia, with a CAGR of X%, recorded the highest rates of growth with regard to 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 the Middle East stood at $X per unit in 2022, jumping by X% against the previous year. In general, the import price, however, showed a abrupt setback. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform