Middle East: Gas Stove Market 2020

Gas Stove Market Size in Middle East

The revenue of the gas stove market in Middle East amounted to $X in 2017, falling by -X% against the previous year. The gas stove consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. Over the period under review, the gas stove market reached its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Gas Stove Production in Middle East

The gas stove production amounted to X units in 2017, going down by -X% against the previous year. The gas stove production continues to indicate a mild growth. The pace of growth appeared the most rapid in 2012, with an increase of X% year-to-year. The volume of gas stove production peaked of X units in 2016, and then declined slightly in the following year.

Gas Stove Exports in Middle East

The exports amounted to X units in 2017, coming up by X% against the previous year. The gas stove exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. Over the period under review, the gas stove exports reached its peak figure volume of X units in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, gas stove exports amounted to $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Gas Stove Exports by Country in Middle East

Turkey prevails in gas stove exports structure, reaching X units, which was approx. X% of total exports in 2017. Iran (X units) and the United Arab Emirates (X units) followed a long way behind the leaders.

Turkey was also the fastest growing in terms of the iron or steel gas domestic cooking appliances and plate warmers (without an oven) exports, with a CAGR of +X% from 2007 to 2017. Iran experienced a relatively flat trend pattern. the United Arab Emirates (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of the United Arab Emirates increased by X% percentage points, while Turkey (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest gas stove supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global exports. It was followed by Iran, with a X% share.

In Turkey, gas stove exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (-X% per year) and Iran (-X% per year).

Gas Stove Export Prices by Country in Middle East

In 2017, the gas stove export price in Middle East amounted to $X per unit, declining by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, an increase of X% year-to-year. Over the period under review, the export prices for iron or steel gas domestic cooking appliances and plate warmers (without an oven) reached its peak figure level of $X per unit in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was the United Arab Emirates ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced a decline in the export price figures.

Gas Stove Imports in Middle East

In 2017, approx. X units of iron or steel gas domestic cooking appliances and plate warmers (without an oven) were imported in Middle East; rising by X% against the previous year. The total imports indicated a prominent increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the gas stove imports increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2010, with an increase of X% y-o-y. The volume of imports peaked in 2017, and are likely to see steady growth in the near future.

In value terms, gas stove imports stood at $X in 2017. The total imports indicated a notable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the gas stove imports decreased by -X% against 2014 indices. In that year, the gas stove imports reached their peak level of $X. From 2015 to 2017, growth of the gas stove imports failed to regain its momentum.

Gas Stove Imports by Country in Middle East

Saudi Arabia represented the largest importing country with an import of about X units, which accounted for X% of total imports. It was distantly followed by Turkey (X units), Jordan (X units), Iran (X units) and Lebanon (X units), together comprising X% share of total imports. The following importers - the United Arab Emirates (X units) and Syrian Arab Republic (X units) each finished at a X% share of total imports.

Saudi Arabia was also the fastest growing in terms of the iron or steel gas domestic cooking appliances and plate warmers (without an oven) imports, with a CAGR of +X% from 2007 to 2017. At the same time, Syrian Arab Republic (+X%), Lebanon (+X%) and Turkey (+X%) displayed positive paces of growth. Jordan experienced a relatively flat trend pattern. By contrast, Iran (-X%) and the United Arab Emirates (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of the United Arab Emirates and Iran increased by X% and X% percentage points, while Lebanon (-X%), Syrian Arab Republic (-X%), Turkey (-X%) and Saudi Arabia (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported iron or steel gas domestic cooking appliances and plate warmers (without an oven) in Middle East, making up X% of global imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of global imports. It was followed by the United Arab Emirates, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Saudi Arabia totaled +X%. In the other countries, the average annual rates were as follows: Turkey (+X% per year) and the United Arab Emirates (-X% per year).

Gas Stove Import Prices by Country in Middle East

In 2017, the gas stove import price in Middle East amounted to $X per unit, going down by -X% against the previous year. The gas stove import price continues to indicate a temperate setback. The most prominent rate of growth was recorded in 2009, when it surged by X% y-o-y. In that year, the import prices for iron or steel gas domestic cooking appliances and plate warmers (without an oven) attained their peak level of $X per unit. From 2010 to 2017, growth of the import prices for iron or steel gas domestic cooking appliances and plate warmers (without an oven) failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was the United Arab Emirates ($X per unit), while Syrian Arab Republic ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform