MENA: Market for Residential, Commercial and Industrial Lighting Fixture 2024

Market Size for Residential, Commercial and Industrial Lighting Fixture in MENA

In 2021, the MENA's market for residential, commercial and industrial lighting fixture increased by X% to $X, rising for the fifth consecutive year after two years of decline. Over the period under review, consumption continues to indicate a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Residential, Commercial and Industrial Lighting Fixture in MENA

In value terms, production of residential, commercial and industrial lighting fixture skyrocketed to $X in 2021 estimated in export price. In general, production saw a resilient expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Residential, Commercial and Industrial Lighting Fixture

Exports by Country

Turkey prevails in fixture structure, amounting to X units, which was approx. X% of total exports in 2021. It was distantly followed by the United Arab Emirates (X units), Morocco (X units) and Egypt (X units), together committing a X% share of total exports. The following exporters - Saudi Arabia (X units) and Israel (X units) - each resulted at a X% share of total exports.

Exports from Turkey decreased at an average annual rate of X% from 2020 to 2021. At the same time, Saudi Arabia (X%), Israel (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2020-2021. By contrast, Egypt (X%) and the United Arab Emirates (X%) illustrated a downward trend over the same period. Turkey (X p.p.) and Morocco (X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by X% from 2020 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest residential, commercial and industrial lighting fixture supplier in MENA, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Morocco, with a X% share.

From 2020 to 2021, the average annual rate of growth in terms of value in Turkey amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Morocco (X% per year).

Export Prices by Country

In 2021, the export price in MENA amounted to $X per unit, picking up by X% against the previous year. Over the period from 2020 to 2021, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Egypt ($X per unit) and Israel ($X per unit), while Saudi Arabia ($X per unit) and the United Arab Emirates ($X per unit) were amongst the lowest.

From 2020 to 2021, the most notable rate of growth in terms of prices was attained by Israel (X%), while the other leaders experienced more modest paces of growth.

Imports of Residential, Commercial and Industrial Lighting Fixture

Imports in MENA

Imports of residential, commercial and industrial lighting fixture surged to X units in 2021, jumping by X% against the previous year's figure. Over the period under review, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of residential, commercial and industrial lighting fixture totaled $X in 2021. In general, imports, however, continue to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2021, Israel (X units), distantly followed by Qatar (X units), the United Arab Emirates (X units), Morocco (X units), Kuwait (X units), Turkey (X units) and Jordan (X units) were the major importers of residential, commercial and industrial lighting fixture, together making up X% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Israel (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Israel ($X) constitutes the largest market for imported residential, commercial and industrial lighting fixture in MENA, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Qatar, with a X% share.

In Israel, imports of residential, commercial and industrial lighting fixture expanded at an average annual rate of X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Qatar (X% per year).

Import Prices by Country

In 2021, the import price in MENA amounted to $X per unit, which is down by X% against the previous year. In general, the import price recorded a deep setback. The growth pace was the most rapid in 2015 when the import price increased by X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Turkey ($X per unit) and Kuwait ($X per unit), while Qatar ($X per unit) and Israel ($X per unit) were amongst the lowest.

From 2012 to 2021, 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

Frequently Asked Questions (FAQ) :