Middle East: Market for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters 2024

Market Size for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in the Middle East

In 2022, the Middle Eastern electric oven and cooker market increased by X% to $X, rising for the fifth year in a row after three years of decline. In general, consumption enjoyed a remarkable increase. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Production of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in the Middle East

In value terms, electric oven and cooker production shrank remarkably to $X in 2022 estimated in export price. In general, production continues to indicate a strong increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters

Exports in the Middle East

In 2022, after five years of growth, there was significant decline in overseas shipments of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters, when their volume decreased by X% to X units. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units, and then contracted in the following year.

In value terms, electric oven and cooker exports contracted slightly to $X in 2022. Total exports indicated strong 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, exports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

Turkey dominates exports structure, recording X units, which was near X% of total exports in 2022. It was distantly followed by the United Arab Emirates (X units), constituting a X% share of total exports.

Exports from Turkey increased at an average annual rate of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of the United Arab Emirates increased by X percentage points.

In value terms, Turkey ($X) remains the largest electric oven and cooker supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports.

In Turkey, electric oven and cooker exports 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, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

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

Imports of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters

Imports in the Middle East

In 2022, approx. X units of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters were imported in the Middle East; growing by X% compared with 2021. In general, imports continue to indicate a buoyant increase. The growth pace was the most rapid in 2020 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, electric oven and cooker imports reached $X in 2022. Total imports indicated a buoyant expansion 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 in 2022 and is likely to continue growth in years to come.

Imports by Country

Saudi Arabia represented the major importer of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in the Middle East, with the volume of imports amounting to X units, which was approx. X% of total imports in 2022. Turkey (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Israel (X%), Iraq (X%) and the United Arab Emirates (X%). The following importers - Kuwait (X units) and Qatar (X units) - each amounted to a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Israel ($X) and the United Arab Emirates ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Turkey, Iraq, Kuwait and Qatar lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per unit, rising by X% against the previous year. Overall, the import price, however, saw a deep setback. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while Turkey ($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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