Middle East: Domestic Built-In Oven Market 2020

Domestic Built-In Oven Market Size in Middle East

The revenue of the domestic built-in oven market in Middle East amounted to $X in 2017, falling by -X% against the previous year. The domestic built-in oven consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014, when market value increased by X% against the previous year. Over the period under review, the domestic built-in oven market reached its maximum level of $X in 2016, and then declined slightly in the following year.

Domestic Built-In Oven Production in Middle East

In 2017, the amount of domestic built-in electric ovens produced in Middle East amounted to X units, approximately reflecting the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2012, when the output figure increased by X% year-to-year. The volume of domestic built-in oven production peaked in 2017, and is expected to retain its growth in the immediate term.

Domestic Built-In Oven Exports in Middle East

The exports totaled X units in 2017, growing by X% against the previous year. The total exports indicated a remarkable increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2008, when it surged by X% y-o-y. Over the period under review, the domestic built-in oven exports reached its maximum volume of X units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, domestic built-in oven exports totaled $X in 2017. The total exports indicated a remarkable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Domestic Built-In Oven Exports by Country in Middle East

Turkey prevails in domestic built-in oven exports structure, reaching X units, which was near X% of total exports in 2017. The United Arab Emirates (X units) followed a long way behind the leaders.

Turkey was also the fastest growing in terms of the domestic built-in electric ovens exports, with a CAGR of +X% from 2007 to 2017. At the same time, the United Arab Emirates (+X%) displayed positive paces of growth. From 2007 to 2017, the share of Turkey decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest domestic built-in oven supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in Turkey amounted to +X%.

Domestic Built-In Oven Export Prices by Country in Middle East

The domestic built-in oven export price in Middle East stood at $X per unit in 2017, standing approx. at the previous year. The domestic built-in oven export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, an increase of X% year-to-year. In that year, the export prices for domestic built-in electric ovens reached their peak level of $X per unit. From 2012 to 2017, growth of the export prices for domestic built-in electric ovens failed to regain its momentum.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in the United Arab Emirates ($X per unit) and Turkey ($X per unit), while Turkey ($X per unit) and the United Arab Emirates ($X per unit) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (-X% per year).

Domestic Built-In Oven Imports in Middle East

In 2017, domestic built-in oven imports in Middle East stood at X units, lowering by -X% against the previous year. The total imports indicated a noticeable increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the domestic built-in oven imports decreased by -X% against 2012 indices. The pace of growth appeared the most rapid in 2012, with an increase of X% against the previous year. In that year, the domestic built-in oven imports reached their peak volume of X units. From 2013 to 2017, growth of the domestic built-in oven imports failed to regain its momentum.

In value terms, domestic built-in oven imports stood at $X in 2017. The total imports indicated a significant expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the domestic built-in oven imports decreased by -X% against 2014 indices. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Domestic Built-In Oven Imports by Country in Middle East

In 2017, Turkey (X units) was the major importer for domestic built-in electric ovens, constituting X% of total imports. Israel (X units) held the second position in the ranking, followed by Saudi Arabia (X units), Iran (X units), Iraq (X units) and Kuwait (X units). All these countries together occupied near X% share of total imports. The United Arab Emirates (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to domestic built-in oven imports into Turkey stood at +X%. At the same time, Iraq (+X%), Saudi Arabia (+X%), Kuwait (+X%) and Israel (+X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. The United Arab Emirates experienced a relatively flat trend pattern. By contrast, Iran (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Iran increased by X% percentage points, while Kuwait (-X%), Israel (-X%), Iraq (-X%), Turkey (-X%) and Saudi Arabia (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X), Israel ($X) and Saudi Arabia ($X) appeared to be the countries with the highest levels of imports in 2017, together accounting for X% of total imports. The United Arab Emirates, Iraq, Iran and Kuwait lagged somewhat behind, together comprising a further X%.

Among the main importing countries , Iraq (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Domestic Built-In Oven Import Prices by Country in Middle East

In 2017, the domestic built-in oven import price in Middle East amounted to $X per unit, therefore, remained relatively stable against the previous year. The domestic built-in oven import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013, when it surged by X% y-o-y. The level of import price peaked of $X per unit in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was the United Arab Emirates ($X per unit), while Kuwait ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kuwait (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform