Middle East: Civil Reaction Engine Market 2024

Civil Reaction Engine Market Size in the Middle East

In 2022, the Middle Eastern civil reaction engine market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. In general, consumption, however, posted a prominent expansion. The level of consumption peaked at $X in 2021, and then contracted significantly in the following year.

Civil Reaction Engine Production in the Middle East

In value terms, civil reaction engine production rose markedly to $X in 2022 estimated in export price. In general, production saw a strong increase. The growth pace was the most rapid in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

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Civil Reaction Engine Exports

Exports in the Middle East

In 2022, exports of civil reaction engines in the Middle East skyrocketed to X units, picking up by X% compared with the previous year's figure. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, civil reaction engine exports dropped significantly to $X in 2022. In general, exports, however, saw a abrupt setback. The growth pace was the most rapid in 2020 with an increase of X%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Kuwait represented the main exporting country with an export of about X units, which resulted at X% of total exports. Turkey (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by the United Arab Emirates (X%) and Oman (X%).

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. Kuwait (X p.p.), Turkey (X p.p.), Oman (X p.p.) and the United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest civil reaction engine supplying countries in the Middle East were Turkey ($X), the United Arab Emirates ($X) and Kuwait ($X), with a combined X% share 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%, recorded 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 the Middle East amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price continues to indicate a sharp decline. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 the Middle East

After three years of growth, supplies from abroad of civil reaction engines decreased by X% to X units in 2022. Overall, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2021, and then shrank rapidly in the following year.

In value terms, civil reaction engine imports reduced dramatically to $X in 2022. Over the period under review, imports, however, continue to indicate modest growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates represented the key importing country with an import of around X units, which finished at X% of total imports. It was distantly followed by Turkey (X units), Oman (X units), Qatar (X units) and Israel (X units), together comprising a X% share of total imports. The following importers - Kuwait (X units) and Iran (X units) - each resulted at a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to civil reaction engine imports into the United Arab Emirates stood at X%. At the same time, Israel (X%), Turkey (X%), Qatar (X%) and Iran (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. Oman experienced a relatively flat trend pattern. By contrast, Kuwait (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.), Israel (X p.p.) and Kuwait (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Qatar (X p.p.) and Oman (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 ($X) constitutes the largest market for imported civil reaction engines in the Middle East, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by Qatar, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Qatar (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, declining by X% against the previous year. In general, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, 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 the United Arab Emirates ($X per unit), while Iran ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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