Middle East: Christmas Decoration Market 2024

Christmas Decoration Market Size in the Middle East

The Middle Eastern christmas decoration market reduced to $X in 2022, waning by X% against the previous year. The total consumption indicated noticeable 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, consumption decreased by X% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Christmas Decoration Production in the Middle East

In value terms, christmas decoration production fell to $X in 2022 estimated in export price. In general, production continues to indicate resilient growth. The growth pace was the most rapid in 2019 with an increase of X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Christmas Decoration Exports

Exports in the Middle East

In 2022, shipments abroad of christmas decoration increased by X% to X units, rising for the second year in a row after two years of decline. In general, exports showed a pronounced expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, christmas decoration exports soared to $X in 2022. Overall, exports showed a buoyant increase. The pace of growth was the most pronounced in 2021 when exports increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports by Country

The United Arab Emirates (X units) and Turkey (X units) dominates exports structure, together making up X% of total exports. It was distantly followed by Lebanon (X units), constituting a X% share of total exports. The following exporters - Jordan (X units), Saudi Arabia (X units) and Iran (X units) - each reached a X% share of total exports.

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

In value terms, Turkey ($X), the United Arab Emirates ($X) and Lebanon ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Jordan, Saudi Arabia and Iran lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Saudi Arabia, 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

The export price in the Middle East stood at $X per unit in 2022, waning by X% against the previous year. Export price indicated a prominent increase from 2012 to 2022: its price 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, christmas decoration export price increased by X% against 2013 indices. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The level of export peaked at $X per unit in 2021, and then shrank in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (X%), while the other leaders experienced more modest paces of growth.

Christmas Decoration Imports

Imports in the Middle East

In 2022, imports of christmas decoration in the Middle East declined dramatically to X units, waning by X% compared with the previous year's figure. Overall, imports continue to indicate a noticeable descent. The pace of growth appeared the most rapid in 2013 with an increase of X%. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, christmas decoration imports contracted markedly to $X in 2022. Over the period under review, imports continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates represented the largest importer of christmas decoration in the Middle East, with the volume of imports finishing at X units, which was near X% of total imports in 2022. It was distantly followed by Iraq (X units), Turkey (X units), Israel (X units), Lebanon (X units) and Qatar (X units), together generating a X% share of total imports. Iran (X units) took a little share of total imports.

Imports into the United Arab Emirates increased at an average annual rate of X% from 2012 to 2022. At the same time, Israel (X%), Iran (X%), Iraq (X%) and Qatar (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Turkey (X%) and Lebanon (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.), Israel (X p.p.), Iraq (X p.p.), Iran (X p.p.) and Qatar (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Lebanon (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported christmas decoration in the Middle East, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by Israel, with an X% share.

In the United Arab Emirates, christmas decoration imports shrank by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Turkey (X% per year) and Israel (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the import price continues to indicate a slight decline. The growth pace was the most rapid in 2015 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the import prices failed to regain momentum.

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 Turkey ($X per unit), while Iraq ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :