Middle East: Insulated Coaxial Cable Market 2024

Insulated Coaxial Cable Market Size in the Middle East

The Middle Eastern insulated coaxial cable market shrank slightly to $X in 2022, approximately mirroring the previous year. Overall, consumption showed a prominent increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Insulated Coaxial Cable Production in the Middle East

In value terms, insulated coaxial cable production shrank significantly to $X in 2022 estimated in export price. Over the period under review, production recorded a strong increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Insulated Coaxial Cable Exports

Exports in the Middle East

In 2022, shipments abroad of insulated coaxial cables increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports posted perceptible growth. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, insulated coaxial cable exports skyrocketed to $X in 2022. Total exports indicated measured 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. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Saudi Arabia (X tons) represented the largest exporter of insulated coaxial cables, achieving X% of total exports. The United Arab Emirates (X tons) ranks second in terms of the total exports with a X% share, followed by Turkey (X%). Jordan (X tons) followed a long way behind the leaders.

Exports from Saudi Arabia 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. By contrast, Turkey (X%) and Jordan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Saudi Arabia and the United Arab Emirates increased by X and X percentage points, respectively.

In value terms, Saudi Arabia ($X) remains the largest insulated coaxial cable supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

In Saudi Arabia, insulated coaxial cable exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, waning by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Jordan ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (X%), while the other leaders experienced more modest paces of growth.

Insulated Coaxial Cable Imports

Imports in the Middle East

In 2022, purchases abroad of insulated coaxial cables was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Total imports indicated a pronounced increase 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. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, insulated coaxial cable imports soared to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Kuwait was the largest importing country with an import of about X tons, which amounted to X% of total imports. It was distantly followed by the United Arab Emirates (X tons), comprising a X% share of total imports. The following importers - Jordan (X tons), Bahrain (X tons), Iraq (X tons) and Israel (X tons) - 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, the largest insulated coaxial cable importing markets in the Middle East were Kuwait ($X), the United Arab Emirates ($X) and Iraq ($X), with a combined X% share of total imports.

Kuwait, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, falling by X% against the previous year. Overall, the import price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Iraq ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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