MENA: Civil Reaction Engine Market 2024

Civil Reaction Engine Market Size in MENA

In 2022, after three years of growth, there was significant decline in the MENA's civil reaction engine market, when its value decreased by X% to $X. In general, consumption recorded resilient growth. The level of consumption peaked at $X in 2021, and then dropped in the following year.

Civil Reaction Engine Production in MENA

In value terms, civil reaction engine production rose significantly to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable expansion. The growth pace was the most rapid in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Civil Reaction Engine Exports

Exports in MENA

In 2022, civil reaction engine exports in MENA soared to X units, with an increase of X% on the previous year. In general, exports, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, civil reaction engine exports contracted rapidly to $X in 2022. Overall, exports, however, showed a dramatic descent. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Kuwait (X units) was the main exporter of civil reaction engines, achieving X% of total exports. It was distantly followed by Turkey (X units), the United Arab Emirates (X units) and Oman (X units), together creating a X% share of total exports.

Kuwait was also the fastest-growing in terms of the civil reaction engines exports, with a CAGR of X% from 2012 to 2022. At the same time, Oman (X%), Turkey (X%) and the United Arab Emirates (X%) displayed positive paces of growth. From 2012 to 2022, the share of Kuwait, Turkey, Oman and the United Arab Emirates increased by X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Kuwait ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports. These countries were followed by Oman, which accounted for a further X%.

Among the main exporting countries, Oman, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the export price in MENA amounted to $X per unit, shrinking by X% against the previous year. In general, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 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 Oman (X%), while the other leaders experienced mixed trends in the export price figures.

Civil Reaction Engine Imports

Imports in MENA

In 2022, overseas purchases of civil reaction engines increased by X% to X units, rising for the second year in a row after four years of decline. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, civil reaction engine imports contracted dramatically to $X in 2022. In general, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Egypt prevails in imports structure, reaching X units, which was approx. X% of total imports in 2022. The United Arab Emirates (X units) followed a long way behind the leaders.

Egypt was also the fastest-growing in terms of the civil reaction engines imports, with a CAGR of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%) displayed positive paces of growth. Egypt (X p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest civil reaction engine importing markets in MENA were the United Arab Emirates ($X) and Egypt ($X).

Among the main importing countries, Egypt, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The import price in MENA stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the import price faced a significant decline. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The level of import peaked at $X per unit in 2017; however, from 2018 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 the United Arab Emirates ($X per unit), while Egypt amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%).

Source: IndexBox Platform

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