Middle East: Pyrotechnic Articles Market 2024

Pyrotechnic Articles Market Size in the Middle East

The Middle Eastern pyrotechnic articles market expanded sharply to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Pyrotechnic Articles Production in the Middle East

In value terms, pyrotechnic articles production reached $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Pyrotechnic Articles Exports

Exports in the Middle East

Pyrotechnic articles exports fell dramatically to X tons in 2022, dropping by X% against 2021. In general, exports, however, saw a temperate expansion. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2021, and then fell significantly in the following year.

In value terms, pyrotechnic articles exports reduced sharply to $X in 2022. Over the period under review, exports, however, posted a pronounced increase. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then contracted remarkably in the following year.

Exports by Country

Turkey represented the major exporter of signalling flares, rain rockets, fog signals and other pyrotechnic articles in the Middle East, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by Israel (X tons), constituting a X% share of total exports. The following exporters - Oman (X tons) and the United Arab Emirates (X tons) - each recorded a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Oman (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Israel ($X) remains the largest pyrotechnic articles supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports. It was followed by Oman, with a X% share.

In Israel, pyrotechnic articles exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (X% per year) and Oman (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the export price recorded a slight shrinkage. The most prominent rate of growth was recorded in 2019 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2020; however, from 2021 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 Oman ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Pyrotechnic Articles Imports

Imports in the Middle East

In 2022, pyrotechnic articles imports in the Middle East rose notably to X tons, increasing by X% compared with the previous year. Overall, imports, however, saw a abrupt slump. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, pyrotechnic articles imports surged to $X in 2022. Over the period under review, imports, however, continue to indicate a pronounced reduction. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the three major importers of signalling flares, rain rockets, fog signals and other pyrotechnic articles, namely Turkey, Israel and the United Arab Emirates, represented more than two-thirds of total import. Kuwait (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Lebanon (X%). Qatar (X tons) followed a long way behind the leaders.

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

In value terms, Kuwait ($X) constitutes the largest market for imported signalling flares, rain rockets, fog signals and other pyrotechnic articles in the Middle East, comprising X% of total imports. The second position in the ranking was held by Israel ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

In Kuwait, pyrotechnic articles imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Israel (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, surging by X% against the previous year. Import price indicated a pronounced 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, pyrotechnic articles import price increased by X% against 2019 indices. The growth pace was the most rapid in 2014 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kuwait ($X per ton), while Lebanon ($X per ton) 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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