Middle East: Radio Receiver Market 2024

Radio Receiver Market Size in the Middle East

The Middle Eastern radio receiver market declined notably to $X in 2022, waning by X% against the previous year. In general, consumption recorded a abrupt descent. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Radio Receiver Production in the Middle East

In value terms, radio receiver production fell slightly to $X in 2022 estimated in export price. In general, production recorded a deep contraction. The growth pace was the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Radio Receiver Exports

Exports in the Middle East

In 2022, overseas shipments of radio receivers increased by X% to X units, rising for the second year in a row after eight years of decline. Over the period under review, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, radio receiver exports surged to $X in 2022. In general, exports, however, saw a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates represented the main exporter of radio receivers in the Middle East, with the volume of exports recording X units, which was approx. X% of total exports in 2022. It was distantly followed by Israel (X units), constituting a X% share of total exports. Turkey (X units) held a little share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the radio receivers exports, with a CAGR of X% from 2012 to 2022. Turkey (X%) and Israel (X%) illustrated a downward trend over the same period. 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 Israel (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) emerged as the largest radio receiver supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Israel ($X), with a X% share of total exports.

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

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the export price posted a buoyant increase. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2019; however, from 2020 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 ($X per unit), while the United Arab Emirates ($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.

Radio Receiver Imports

Imports in the Middle East

After two years of growth, supplies from abroad of radio receivers decreased by X% to X units in 2022. Overall, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, radio receiver imports dropped to $X in 2022. Over the period under review, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X units) and Turkey (X units) dominates imports structure, together committing X% of total imports. Iran (X units) took the next position in the ranking, followed by Iraq (X units). All these countries together took approx. X% share of total imports. The following importers - Saudi Arabia (X units), Israel (X units) and Yemen (X units) - each amounted to a X% share of total imports.

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

In value terms, Turkey ($X), the United Arab Emirates ($X) and Iran ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Saudi Arabia, Iraq, Israel and Yemen lagged somewhat behind, together comprising a further X%.

Among 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 mixed trends in the imports figures.

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, with an increase of X% against the previous year. Import price indicated a perceptible 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. The growth pace was the most rapid in 2016 when the import price increased by X%. The level of import peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 Saudi Arabia ($X per unit), while Yemen ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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