Middle East: Invalid Carriage Market 2024

Invalid Carriage Market Size in the Middle East

The Middle Eastern invalid carriage market expanded markedly to $X in 2022, growing by X% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Invalid Carriage Production in the Middle East

In value terms, invalid carriage production reached $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a mild descent. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Invalid Carriage Exports

Exports in the Middle East

In 2022, overseas shipments of invalid carriages not mechanically propelled were finally on the rise to reach X units after two years of decline. In general, exports, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, invalid carriage exports surged to $X in 2022. Over the period under review, exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Turkey (X units) represented the key exporter of invalid carriages not mechanically propelled, achieving X% of total exports. It was distantly followed by the United Arab Emirates (X units), comprising a X% share of total exports. Israel (X units) took a relatively small share of total exports.

Turkey was also the fastest-growing in terms of the invalid carriages not mechanically propelled exports, with a CAGR of X% from 2012 to 2022. The United Arab Emirates (X%) and Israel (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Turkey increased by X percentage points.

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

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

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2015 when the export price increased by X%. The level of export peaked at $X per unit in 2016; however, from 2017 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 Israel ($X per unit), while Turkey ($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 mixed trends in the export price figures.

Invalid Carriage Imports

Imports in the Middle East

In 2022, supplies from abroad of invalid carriages not mechanically propelled increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of X% 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 2013 with an increase of X%. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, invalid carriage imports reached $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 growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the four major importers of invalid carriages not mechanically propelled, namely Kuwait, Iraq, Turkey and the United Arab Emirates, represented more than two-thirds of total import. It was distantly followed by Israel (X units), comprising a X% share of total imports. Yemen (X units) and Qatar (X units) followed a long way behind the leaders.

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

In value terms, the largest invalid carriage importing markets in the Middle East were Kuwait ($X), the United Arab Emirates ($X) and Turkey ($X), with a combined X% share of total imports. Israel, Iraq, Qatar and Yemen lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Yemen, with a CAGR of X%, saw the highest rates of growth with regard to 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 unit in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

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 Israel ($X per unit), while Yemen ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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