Middle East: Glass Optical Elements Market 2020

Glass Optical Elements Market Size in Middle East

The revenue of the glass optical elements market in Middle East amounted to $X in 2017, falling by -X% against the previous year. The glass optical elements consumption continues to indicate a mild growth. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. The level of glass optical elements consumption peaked of $X in 2016, and then declined slightly in the following year.

Glass Optical Elements Production in Middle East

In 2017, glass optical elements production in Middle East amounted to X units, standing approx. at the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2016, when it surged by X% y-o-y. Over the period under review, the glass optical elements production reached its maximum volume in 2017, and is likely to continue its growth in the immediate term.

Glass Optical Elements Exports in Middle East

In 2017, approx. X units of signalling glassware and optical elements of glass were exported in Middle East; shrinking by -X% against the previous year. The glass optical elements exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009, with an increase of X% against the previous year. Over the period under review, the glass optical elements exports reached its peak figure volume of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, glass optical elements exports stood at $X in 2017. The glass optical elements exports continue to indicate a slight curtailment. In that year, the glass optical elements exports attained their peak level of $X. From 2013 to 2017, growth of the glass optical elements exports failed to regain its momentum.

Glass Optical Elements Exports by Country in Middle East

Turkey was the key exporting country with an export of about X units, which resulted at X% of total exports. The United Arab Emirates (X units) held the second position in the ranking, distantly followed by Israel (X units). All these countries together took approx. X% share of total exports.

Turkey experienced a relatively flat trend pattern of signalling glassware and optical elements of glass exports. 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 in Middle East, with a CAGR of +X% from 2007-2017. Israel experienced a relatively flat trend pattern. The United Arab Emirates (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Glass Optical Elements Export Prices by Country in Middle East

The glass optical elements export price in Middle East stood at $X per thousand units in 2017, waning by -X% against the previous year. The glass optical elements export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when the export prices increased by X% against the previous year. In that year, the export prices for signalling glassware and optical elements of glass reached their peak level of $X per thousand units. From 2009 to 2017, growth of the export prices for signalling glassware and optical elements of glass stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Turkey ($X per thousand units), while the United Arab Emirates ($X per thousand units) was amongst the lowest.

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

Glass Optical Elements Imports in Middle East

In 2017, approx. X units of signalling glassware and optical elements of glass were imported in Middle East; lowering by -X% against the previous year. The glass optical elements imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, with an increase of X% y-o-y. Over the period under review, the glass optical elements imports reached its peak figure volume of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, glass optical elements imports amounted to $X in 2017. The glass optical elements imports continue to indicate a relatively flat trend pattern. Over the period under review, the glass optical elements imports reached its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Glass Optical Elements Imports by Country in Middle East

In 2017, the United Arab Emirates (X units) and Saudi Arabia (X units) represented the key importers of signalling glassware and optical elements of glass in the globe, together reaching approx. X% of total imports. Turkey (X units) held a X% share (based on tons) of total imports, which put it in second place, followed by Israel (X%), Syrian Arab Republic (X%), Iran (X%) and Qatar (X%).

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Syrian Arab Republic (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest glass optical elements markets worldwide were the United Arab Emirates ($X), Saudi Arabia ($X) and Turkey ($X), with a combined X% share of total imports. These countries were followed by Qatar, Israel, Iran and Syrian Arab Republic, which together accounted for a further X%.

Syrian Arab Republic (+X% per year) recorded the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Glass Optical Elements Import Prices by Country in Middle East

In 2017, the glass optical elements import price in Middle East amounted to $X per thousand units, standing approx. at the previous year. The glass optical elements import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when it surged by X% against the previous year. The level of import price peaked of $X per thousand units in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Qatar ($X per thousand units), while Syrian Arab Republic ($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 Iran (+X% per year), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform