Middle East: Non-Household Fan Market 2024

Non-Household Fan Market Size in the Middle East

In 2022, after two years of growth, there was significant decline in the Middle Eastern non-household fan market, when its value decreased by X% to $X. In general, consumption, however, recorded a strong expansion. The level of consumption peaked at $X in 2021, and then reduced in the following year.

Non-Household Fan Production in the Middle East

In value terms, non-household fan production reduced modestly to $X in 2022 estimated in export price. In general, production saw a resilient expansion. The growth pace was the most rapid in 2014 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Non-Household Fan Exports

Exports in the Middle East

In 2022, shipments abroad of non-household ventilation fans 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 showed buoyant growth. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, non-household fan exports surged to $X in 2022. In general, exports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, Turkey (X units) was the largest exporter of non-household ventilation fans, comprising X% of total exports. It was distantly followed by the United Arab Emirates (X units), constituting a X% share of total exports.

Exports from Turkey 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. While the share of the United Arab Emirates (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Turkey (X p.p.) displayed negative dynamics.

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

From 2012 to 2022, the average annual growth rate of value in Turkey stood at X%.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per unit, falling by X% against the previous year. In general, the export price showed a slight decline. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the export prices remained at a somewhat 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 unit), while Turkey totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%).

Non-Household Fan Imports

Imports in the Middle East

In 2022, after two years of growth, there was decline in overseas purchases of non-household ventilation fans, when their volume decreased by X% to X units. Total imports indicated a resilient expansion 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. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2021, and then shrank modestly in the following year.

In value terms, non-household fan imports rose sharply 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 in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey dominates imports structure, amounting to X units, which was near X% of total imports in 2022. It was distantly followed by the United Arab Emirates (X units), comprising an X% share of total imports. Israel (X units), Iran (X units), Iraq (X units) and Saudi Arabia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to non-household fan imports into Turkey stood at X%. At the same time, Iraq (X%), Israel (X%), the United Arab Emirates (X%) and Iran (X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Saudi Arabia (X%) illustrated a downward trend over the same period. Turkey (X p.p.) significantly strengthened its position in terms of the total imports, while Saudi Arabia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported non-household ventilation fans in the Middle East, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Israel, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Turkey totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Israel (X% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per unit, growing by X% against the previous year. Overall, the import price, however, continues to indicate a noticeable downturn. The level of import peaked at $X per unit in 2012; however, from 2013 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 Saudi Arabia ($X per unit), while Turkey ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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