Middle East: Domestic Toaster Market 2024

Domestic Toaster Market Size in the Middle East

The Middle Eastern domestic toaster market shrank to $X in 2022, with a decrease of X% against the previous year. The total consumption indicated a prominent increase 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 increased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Domestic Toaster Production in the Middle East

In value terms, domestic toaster production fell to $X in 2022 estimated in export price. Overall, production recorded strong growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Domestic Toaster Exports

Exports in the Middle East

In 2022, the amount of domestic electric toasters exported in the Middle East soared to X units, rising by X% against the previous year. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, domestic toaster exports soared to $X in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates dominates exports structure, accounting for X units, which was approx. X% of total exports in 2022. It was distantly followed by Turkey (X units), generating a X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the domestic electric toasters exports, with a CAGR of X% from 2012 to 2022. At the same time, Turkey (X%) displayed positive paces of growth. While the share of the United Arab Emirates (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Turkey (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) emerged as the largest domestic toaster supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with an X% share of total exports.

In the United Arab Emirates, domestic toaster exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per unit, which is down by X% against the previous year. Overall, the export price continues to indicate a noticeable decrease. The pace of growth was the most pronounced in 2021 an increase of X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the United Arab Emirates amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%).

Domestic Toaster Imports

Imports in the Middle East

In 2022, purchases abroad of domestic electric toasters decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X units, and then fell remarkably in the following year.

In value terms, domestic toaster imports dropped to $X in 2022. Total imports indicated buoyant 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, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then declined modestly in the following year.

Imports by Country

The United Arab Emirates represented the main importing country with an import of about X units, which accounted for X% of total imports. Iraq (X units) ranks second in terms of the total imports with an X% share, followed by Turkey (X%), Israel (X%) and Kuwait (X%). Qatar (X units) and Iran (X units) followed a long way behind the leaders.

Imports into the United Arab Emirates decreased at an average annual rate of X% from 2012 to 2022. At the same time, Iraq (X%), Qatar (X%), Israel (X%) and Kuwait (X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Turkey (X%) and Iran (X%) illustrated a downward trend over the same period. Iraq (X p.p.), Kuwait (X p.p.), Israel (X p.p.) and Qatar (X p.p.) significantly strengthened its position in terms of the total imports, while Turkey, Iran and the United Arab Emirates saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

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

In the United Arab Emirates, domestic toaster imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Iraq (X% per year) and Turkey (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, surging by X% against the previous year. Import price indicated a buoyant expansion 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, domestic toaster import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Turkey ($X per unit) and the United Arab Emirates ($X per unit), while Iran ($X per unit) and Qatar ($X per unit) were 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.

Source: IndexBox Platform

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