Middle East: Computing Machinery Market 2024

Computing Machinery Market Size in the Middle East

In 2022, the Middle Eastern computing machinery market decreased by X% to $X for the first time since 2016, thus ending a five-year rising trend. Overall, consumption, however, continues to indicate a modest expansion. As a result, consumption reached the peak level of $X, and then contracted rapidly in the following year.

Computing Machinery Production in the Middle East

In value terms, computing machinery production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Computing Machinery Exports

Exports in the Middle East

In 2022, overseas shipments of computing machinery and parts and accessories thereof decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, computing machinery exports fell to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, the United Arab Emirates (X units) was the major exporter of computing machinery and parts and accessories thereof, making up X% of total exports. Israel (X units) ranks second in terms of the total exports with a X% share, followed by Turkey (X%). Saudi Arabia (X units) and Oman (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to computing machinery exports from the United Arab Emirates stood at X%. At the same time, Oman (X%), Turkey (X%) and Saudi Arabia (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Israel (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Turkey, Israel, Oman and Saudi Arabia increased by X, X, X and X percentage points, respectively.

In value terms, the largest computing machinery supplying countries in the Middle East were Israel ($X), the United Arab Emirates ($X) and Turkey ($X), together accounting for X% of total exports. Saudi Arabia and Oman lagged somewhat behind, together accounting for a further X%.

Oman, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the export price in the Middle East amounted to $X per unit, approximately equating the previous year. Export price indicated a buoyant 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, computing machinery export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then declined modestly in the following year.

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

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

Computing Machinery Imports

Imports in the Middle East

In 2022, the amount of computing machinery and parts and accessories thereof imported in the Middle East dropped notably to X units, which is down by X% against the previous year's figure. Overall, imports showed a slight slump. The growth pace was the most rapid in 2021 with an increase of X%. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, computing machinery imports contracted significantly to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then shrank notably in the following year.

Imports by Country

The United Arab Emirates was the key importing country with an import of around X units, which finished at X% of total imports. Turkey (X units) held the second position in the ranking, followed by Saudi Arabia (X units) and Israel (X units). All these countries together held approx. X% share of total imports. Iraq (X units), Iran (X units) and Kuwait (X units) took a minor share of total imports.

The United Arab Emirates was also the fastest-growing in terms of the computing machinery and parts and accessories thereof imports, with a CAGR of X% from 2012 to 2022. Israel and Iraq experienced a relatively flat trend pattern. Turkey (X%), Saudi Arabia (X%), Kuwait (X%) and Iran (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per unit, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

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 Israel ($X per unit), while Iran ($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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