Middle East: Domestic Electric Oven Market 2020

Domestic Electric Oven Market Size in Middle East

The revenue of the domestic electric oven market in Middle East amounted to $X in 2017, going down by -X% against the previous year. The domestic electric oven consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when it surged by X% y-o-y. The level of domestic electric oven consumption peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Domestic Electric Oven Production in Middle East

In 2017, approx. X units of domestic electric ovens were produced in Middle East; remaining constant against the previous year. The domestic electric oven production continues to indicate a mild deduction. The pace of growth was the most pronounced in 2012, when it surged by X% y-o-y. The volume of domestic electric oven production peaked of X units in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Domestic Electric Oven Exports in Middle East

The exports totaled X units in 2017, coming up by X% against the previous year. The total exports indicated a prominent growth 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 was the most pronounced in 2017, when exports increased by X% y-o-y. In that year, the domestic electric oven exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, domestic electric oven exports totaled $X in 2017. The total exports indicated a prominent 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. Over the period under review, the domestic electric oven exports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Domestic Electric Oven Exports by Country in Middle East

Turkey represented the key exporter of domestic electric ovens in Middle East, with the volume of exports amounting to X units, which was near X% of total exports in 2017. It was distantly followed by the United Arab Emirates (X units), committing X% share of total exports.

Turkey was also the fastest growing in terms of the domestic electric ovens exports, with a CAGR of +X% from 2007 to 2017. The United Arab Emirates experienced a relatively flat trend pattern. 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 ($X) remains the largest domestic electric oven supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global exports.

In Turkey, domestic electric oven exports increased at an average annual rate of +X% over the period from 2007-2017.

Domestic Electric Oven Export Prices by Country in Middle East

In 2017, the domestic electric oven export price in Middle East amounted to $X per unit, falling by -X% against the previous year. The domestic electric oven export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when it surged by X% against the previous year. The level of export price peaked of $X per unit in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Turkey ($X per unit), while the United Arab Emirates ($X per thousand units) was 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 Electric Oven Imports in Middle East

In 2017, approx. X units of domestic electric ovens were imported in Middle East; jumping by X% against the previous year. The total imports 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 was the most pronounced in 2013, with an increase of X% y-o-y. Over the period under review, the domestic electric oven imports reached its peak figure volume in 2017, and are likely to see steady growth in the near future.

In value terms, domestic electric oven imports amounted to $X in 2017. The total imports indicated a pronounced growth 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 electric oven imports decreased by -X% against 2014 indices. Over the period under review, the domestic electric oven imports attained its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Domestic Electric Oven Imports by Country in Middle East

Turkey was the major importer of domestic electric ovens in Middle East, with the volume of imports finishing at X units, which was near X% of total imports in 2017. The United Arab Emirates (X units) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Iran (X%), Saudi Arabia (X%) and Israel (X%). The following importers - Kuwait (X units) and Jordan (X units) each reached a X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to domestic electric oven imports into Turkey stood at +X%. At the same time, the United Arab Emirates (+X%), Kuwait (+X%), Iran (+X%), Saudi Arabia (+X%) and Israel (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. By contrast, Jordan (-X%) illustrated a downward trend over the same period. While the share of Kuwait (-X%), Saudi Arabia (-X%), Iran (-X%), the United Arab Emirates (-X%) and Turkey (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X), Saudi Arabia ($X) and Israel ($X) were the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by the United Arab Emirates, Iran, Kuwait and Jordan, which together accounted for a further X%.

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

Domestic Electric Oven Import Prices by Country in Middle East

The domestic electric oven import price in Middle East stood at $X per unit in 2017, dropping by -X% against the previous year. The domestic electric oven import price continues to indicate a noticeable setback. The growth pace was the most rapid in 2014, an increase of X% year-to-year. In that year, the import prices for domestic electric ovens reached their peak level of $X per unit. From 2015 to 2017, growth of the import prices for domestic electric ovens failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Israel ($X per unit), while Jordan ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform