Middle East: Telephonic Switching Apparatus Market 2024

Telephonic Switching Apparatus Market Size in the Middle East

In 2022, the Middle Eastern telephonic switching apparatus market increased by X% to $X, rising for the sixth consecutive year after two years of decline. Overall, consumption saw prominent growth. Over the period under review, the market reached the maximum level in 2022 and is likely to see gradual growth in the near future.

Telephonic Switching Apparatus Production in the Middle East

In value terms, telephonic switching apparatus production stood at $X in 2022 estimated in export price. In general, production recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Telephonic Switching Apparatus Exports

Exports in the Middle East

In 2022, shipments abroad of telephonic or telegraphic switching apparatus increased by X% to X units, rising for the seventh year in a row after two years of decline. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, telephonic switching apparatus exports surged to $X in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Israel (X units) and the United Arab Emirates (X units) dominates exports structure, together creating X% of total exports. The following exporters - Turkey (X units) and Saudi Arabia (X units) - together made up X% 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 the United Arab Emirates (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Israel ($X) and Turkey ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

The United Arab Emirates, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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. Export price indicated buoyant growth 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. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Saudi Arabia ($X per unit) was amongst the lowest.

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

Telephonic Switching Apparatus Imports

Imports in the Middle East

In 2022, purchases abroad of telephonic or telegraphic switching apparatus increased by X% to X units, rising for the sixth consecutive year after two years of decline. Over the period under review, imports posted a significant expansion. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, telephonic switching apparatus imports surged to $X in 2022. In general, imports posted strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United Arab Emirates prevails in imports structure, accounting for X units, which was near X% of total imports in 2022. Turkey (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Israel (X%).

The United Arab Emirates was also the fastest-growing in terms of the telephonic or telegraphic switching apparatus imports, with a CAGR of X% from 2012 to 2022. At the same time, Israel (X%) and Turkey (X%) displayed positive paces of growth. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total imports, while Israel and Turkey saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported telephonic or telegraphic switching apparatus in the Middle East, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports.

In the United Arab Emirates, telephonic switching apparatus imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Turkey (X% per year) and Israel (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, declining by X% against the previous year. Overall, the import price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The level of import peaked at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 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 Turkey (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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