Middle East: Market for Domestic, Non-Electric, Cooking Or Heating Appliances 2024

Market Size for Domestic, Non-Electric, Cooking Or Heating Appliances in the Middle East

The Middle Eastern market for domestic, non-electric, cooking or heating appliances dropped to $X in 2022, approximately reflecting the previous year. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Domestic, Non-Electric, Cooking Or Heating Appliances in the Middle East

In value terms, production of domestic, non-electric, cooking or heating appliances declined to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Exports of Domestic, Non-Electric, Cooking Or Heating Appliances

Exports in the Middle East

In 2022, shipments abroad of domestic, non-electric, cooking or heating appliances decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Total exports indicated resilient growth from 2012 to 2022: its volume 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, exports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The volume of export peaked at X units in 2021, and then dropped in the following year.

In value terms, exports of domestic, non-electric, cooking or heating appliances reduced slightly to $X in 2022. Total exports indicated a noticeable 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, exports increased by X% against 2016 indices. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then reduced modestly in the following year.

Exports by Country

Turkey dominates appliances structure, reaching X units, which was near X% of total exports in 2022. Iran (X units) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to domestic, non-electric, cooking or heating appliance exports from Turkey stood at X%. At the same time, Iran (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. Turkey (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, Turkey ($X) remains the largest domestic, non-electric, cooking or heating appliance supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Iran ($X), with a X% share of total exports.

In Turkey, exports of domestic, non-electric, cooking or heating appliances expanded 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, leveling off at the previous year. Over the period under review, the export price continues to indicate a slight slump. The pace of growth was the most pronounced in 2021 an increase of X%. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while Iran totaled $X per unit.

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

Imports of Domestic, Non-Electric, Cooking Or Heating Appliances

Imports in the Middle East

In 2022, overseas purchases of domestic, non-electric, cooking or heating appliances decreased by X% to X units, falling for the second consecutive year after two years of growth. Overall, imports saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of domestic, non-electric, cooking or heating appliances contracted to $X in 2022. Total imports indicated a notable 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, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

Iraq (X units) and the United Arab Emirates (X units) were the largest importers of domestic, non-electric, cooking or heating appliances in 2022, accounting for approx. X% and X% of total imports, respectively. Israel (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Kuwait (X%) and Turkey (X%). The following importers - Oman (X units), Lebanon (X units), Yemen (X units), Bahrain (X units), Jordan (X units) and Qatar (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Kuwait (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Iraq ($X), the United Arab Emirates ($X) and Israel ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Iraq, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the import price, however, continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2021, and then dropped modestly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Jordan ($X per unit), while Bahrain ($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.

Source: IndexBox Platform

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