Middle East: Market for Lighting Sets for Christmas Trees 2024

Market Size for Lighting Sets for Christmas Trees in the Middle East

In 2022, the Middle Eastern market for lighting sets for christmas trees increased by X% to $X, rising for the second consecutive year after two years of decline. The market 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 in certain years. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Lighting Sets for Christmas Trees in the Middle East

In value terms, lighting set for christmas trees production declined slightly to $X in 2022 estimated in export price. The total production indicated a temperate 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, production increased by X% against 2016 indices. The growth pace was the most rapid in 2019 with an increase of X%. The level of production peaked at $X in 2021, and then dropped slightly in the following year.

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Exports of Lighting Sets for Christmas Trees

Exports in the Middle East

In 2022, overseas shipments of lighting sets for christmas trees increased by X% to X units, rising for the second year in a row after four years of decline. Overall, exports, however, continue to indicate a mild curtailment. The volume of export peaked at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, lighting set for christmas trees exports skyrocketed to $X in 2022. In general, exports showed a resilient expansion. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, the United Arab Emirates (X units) represented the major exporter of lighting sets for christmas trees, committing X% of total exports. It was distantly followed by Turkey (X units) and Saudi Arabia (X units), together constituting a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to lighting set for christmas trees exports from the United Arab Emirates stood at X%. At the same time, Turkey (X%) and Saudi Arabia (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. While the share of Turkey (X p.p.) and Saudi Arabia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United Arab Emirates (X p.p.) displayed negative dynamics.

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

In Turkey, lighting set for christmas trees exports expanded 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: the United Arab Emirates (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price posted a buoyant expansion. The pace of growth was the most pronounced in 2013 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while Saudi Arabia ($X per unit) was amongst the lowest.

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

Imports of Lighting Sets for Christmas Trees

Imports in the Middle East

Lighting set for christmas trees imports reduced to X units in 2022, waning by X% compared with the previous year's figure. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, lighting set for christmas trees 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 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of lighting set for christmas trees imports in 2022 were Turkey (X units), Israel (X units), the United Arab Emirates (X units), Kuwait (X units), Jordan (X units), Iraq (X units), Oman (X units), Iran (X units), Lebanon (X units) and Qatar (X units), together resulting at X% of total import.

From 2012 to 2022, the biggest increases were recorded for Jordan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lighting set for christmas trees importing markets in the Middle East were Turkey ($X), Qatar ($X) and Israel ($X), together comprising X% of total imports. The United Arab Emirates, Kuwait, Jordan, Iraq, Iran, Oman and Lebanon lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Jordan, 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, picking up by X% against the previous year. Import price indicated a resilient 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, lighting set for christmas trees import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

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 Qatar ($X per unit), while Oman ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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