Middle East: Market for Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems 2024

Market Size for Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems in the Middle East

The Middle Eastern market for window or wall air conditioning systems, self-contained or split-systems shrank to $X in 2022, reducing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems in the Middle East

In value terms, production of window or wall air conditioning systems, self-contained or split-systems reached $X in 2022 estimated in export price. Overall, production continues to indicate a strong increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production of reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Exports of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems

Exports in the Middle East

In 2022, exports of window or wall air conditioning systems, self-contained or split-systems in the Middle East skyrocketed to X units, rising by X% against the previous year's figure. In general, exports continue to indicate prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of window or wall air conditioning systems, self-contained or split-systems skyrocketed to $X in 2022. Over the period under review, exports saw pronounced growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates was the main exporter of window or wall air conditioning systems, self-contained or split-systems in the Middle East, with the volume of exports accounting for X units, which was approx. X% of total exports in 2022. It was distantly followed by Turkey (X units), comprising a X% share of total exports. The following exporters - Bahrain (X units) and Saudi Arabia (X units) - together made up X% of total exports.

The United Arab Emirates was also the fastest-growing in terms of the window or wall air conditioning systems, self-contained or split-systems exports, with a CAGR of X% from 2012 to 2022. Turkey (X%), Bahrain (X%) and Saudi Arabia (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Turkey, Bahrain and Saudi Arabia saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) emerged as the largest window, wall, or split air conditioning system supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports. It was followed by Bahrain, with a X% share.

In the United Arab Emirates, exports of window or wall air conditioning systems, self-contained or split-systems 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 Bahrain (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per unit, waning by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Saudi Arabia ($X per unit) and Bahrain ($X per unit), while the United Arab Emirates ($X per unit) and Turkey ($X per unit) were 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 mixed trends in the export price figures.

Imports of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems

Imports in the Middle East

In 2022, imports of window or wall air conditioning systems, self-contained or split-systems in the Middle East expanded rapidly to X units, growing by X% compared with 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of window or wall air conditioning systems, self-contained or split-systems stood at $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of X%. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

The purchases of the three major importers of window or wall air conditioning systems, self-contained or split-systems, namely Saudi Arabia, the United Arab Emirates and Iraq, represented more than two-thirds of total import. Israel (X units) ranks next in terms of the total imports with a X% share, followed by Turkey (X%). The following importers - Oman (X units) and Kuwait (X units) - each finished at a X% share of total imports.

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

In value terms, the largest window, wall, or split air conditioning system importing markets in the Middle East were Saudi Arabia ($X), the United Arab Emirates ($X) and Iraq ($X), together comprising X% of total imports.

Iraq, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per unit, with an increase of X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Kuwait ($X per unit) and Oman ($X per unit), while Turkey ($X per unit) and Saudi Arabia ($X per unit) were 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.

Source: IndexBox Platform