MENA: Diode Market 2024

Diode Market Size in MENA

The MENA's diode market expanded remarkably to $X in 2022, growing by X% against the previous year. In general, consumption saw resilient growth. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Diode Production in MENA

In value terms, diode production reached $X in 2022 estimated in export price. The total production indicated a noticeable 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Diode Exports

Exports in MENA

In 2022, shipments abroad of diodes, other than photosensitive or light emitting diodes increased by X% to X units, rising for the fourth year in a row after three years of decline. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, diode exports surged to $X in 2022. In general, exports enjoyed strong 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 see steady growth in the near future.

Exports by Country

In 2022, Israel (X units) was the main exporter of diodes, other than photosensitive or light emitting diodes, committing X% of total exports. Turkey (X units) took the second position in the ranking, distantly followed by the United Arab Emirates (X units), Morocco (X units) and Egypt (X units). All these countries together took near X% share of total exports. Kuwait (X units) followed a long way behind the leaders.

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

In value terms, Israel ($X), Turkey ($X) and the United Arab Emirates ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Morocco, Egypt and Kuwait lagged somewhat behind, together accounting for a further X%.

Egypt, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of 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, recorded a perceptible decrease. The growth pace was the most rapid in 2017 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the export prices remained at a somewhat lower figure.

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

Diode Imports

Imports in MENA

In 2022, approx. X units of diodes, other than photosensitive or light emitting diodes were imported in MENA; surging by X% against the previous year. In general, imports showed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, diode imports surged to $X in 2022. Total imports indicated buoyant 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 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X%. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

Tunisia was the key importer of diodes, other than photosensitive or light emitting diodes in MENA, with the volume of imports resulting at X units, which was near X% of total imports in 2022. Iran (X units) ranks second in terms of the total imports with a X% share, followed by Israel (X%). The following importers - Egypt (X units) and Turkey (X units) - together made up X% of total imports.

Imports into Tunisia increased at an average annual rate of X% from 2012 to 2022. At the same time, Egypt (X%), Iran (X%), Turkey (X%) and Israel (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. While the share of Iran (X p.p.), Egypt (X p.p.) and Israel (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Tunisia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X), Israel ($X) and Tunisia ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports. Egypt and Iran lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Egypt, with a CAGR of X%, saw 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

In 2022, the import price in MENA amounted to $X per unit, waning by X% against the previous year. In general, the import price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. The level of import peaked at $X per unit in 2017; however, from 2018 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 Turkey ($X per unit), while Tunisia (less than $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 a decline in the import price figures.

Source: IndexBox Platform

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