Middle East: Tuner Block Market 2024

Tuner Block Market Size in the Middle East

In 2022, the Middle Eastern tuner block market increased by X% to $X, rising for the second consecutive year after six years of decline. In general, consumption continues to indicate a deep contraction. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Tuner Block Production in the Middle East

In value terms, tuner block production dropped modestly to $X in 2022 estimated in export price. In general, production showed a drastic downturn. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

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Tuner Block Exports

Exports in the Middle East

In 2022, exports of tuner blocks in the Middle East soared to X units, surging by X% on 2021 figures. Overall, exports saw a pronounced expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tuner block exports skyrocketed to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates represented the main exporter of tuner blocks in the Middle East, with the volume of exports amounting to X units, which was near X% of total exports in 2022. It was distantly followed by Turkey (X units), making up a X% share of total exports. Lebanon (X units) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to tuner block exports from the United Arab Emirates stood at X%. At the same time, Lebanon (X%) displayed positive paces of growth. Moreover, Lebanon emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Turkey (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.) and Lebanon (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, the United Arab Emirates ($X) emerged as the largest tuner block supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports.

In the United Arab Emirates, tuner block exports increased 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 Lebanon (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per unit, surging by X% against the previous year. Overall, the export price, however, recorded a perceptible decline. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Lebanon ($X per unit), while Turkey ($X per unit) was amongst the lowest.

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

Tuner Block Imports

Imports in the Middle East

For the third consecutive year, the Middle East recorded growth in purchases abroad of tuner blocks, which increased by X% to X units in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, tuner block imports expanded markedly to $X in 2022. In general, imports, however, recorded a pronounced decline. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The United Arab Emirates represented the key importer of tuner blocks in the Middle East, with the volume of imports reaching X units, which was approx. X% of total imports in 2022. Saudi Arabia (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Turkey (X%), Iraq (X%) and Israel (X%). Jordan (X units) held a minor share of total imports.

The United Arab Emirates experienced a relatively flat trend pattern with regard to volume of imports of tuner blocks. At the same time, Saudi Arabia (X%) and Jordan (X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. Iraq experienced a relatively flat trend pattern. By contrast, Turkey (X%) and Israel (X%) illustrated a downward trend over the same period. While the share of Saudi Arabia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Turkey (X p.p.), the United Arab Emirates (X p.p.) and 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 ($X) constitutes the largest market for imported tuner blocks in the Middle East, comprising X% of total imports. The second position in the ranking was held by Iraq ($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 the United Arab Emirates amounted to X%. In the other countries, the average annual rates were as follows: Iraq (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, shrinking by X% against the previous year. Overall, the import price showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2015 when the import price increased by X%. Over the period under review, import prices hit record highs 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 Jordan ($X per unit), while Saudi Arabia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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