Middle East: Capacitor Market 2024

Capacitor Market Size in the Middle East

In 2022, after three years of growth, there was decline in the Middle Eastern capacitor market, when its value decreased by X% to $X. Overall, consumption, however, posted a buoyant increase. Over the period under review, the market reached the peak level at $X in 2021, and then fell slightly in the following year.

Capacitor Production in the Middle East

In value terms, capacitor production amounted to $X in 2022 estimated in export price. The total production indicated moderate 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Capacitor Exports

Exports in the Middle East

In 2022, shipments abroad of electrical capacitors increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, capacitor exports surged to $X in 2022. In general, exports, however, saw a noticeable downturn. The pace of growth appeared the most rapid in 2018 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Israel was the key exporter of electrical capacitors in the Middle East, with the volume of exports 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 (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to capacitor exports from Israel stood at X%. At the same time, Turkey (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, the United Arab Emirates (X%) illustrated a downward trend over the same period. Israel (X p.p.) and 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, Israel ($X) remains the largest capacitor supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Israel amounted to X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Turkey (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per thousand units in 2022, dropping by X% against the previous year. Export price indicated a mild increase 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, capacitor export price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. The level of export peaked at $X per thousand units in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per thousand units), while Turkey ($X per thousand units) 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 a decline in the export price figures.

Capacitor Imports

Imports in the Middle East

In 2022, after two years of growth, there was significant decline in supplies from abroad of electrical capacitors, when their volume decreased by X% to X units. Overall, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then dropped dramatically in the following year.

In value terms, capacitor imports fell to $X in 2022. The total import value 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2021, and then contracted in the following year.

Imports by Country

Israel was the major importer of electrical capacitors in the Middle East, with the volume of imports recording X units, which was near X% of total imports in 2022. It was distantly followed by Turkey (X units), committing a X% share of total imports. The following importers - Iran (X units) and the United Arab Emirates (X units) - together made up X% of total imports.

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

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

In terms of the main importing countries, Israel, 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

The import price in the Middle East stood at $X per thousand units in 2022, growing by X% against the previous year. Overall, the import price, however, saw a deep reduction. Over the period under review, import prices attained the maximum at $X per thousand units in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per thousand units), while Israel ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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