Middle East: Mobile Phone Market 2024

Mobile Phone Market Size in the Middle East

The Middle Eastern mobile phone market skyrocketed to $X in 2022, growing by X% against the previous year. The total consumption indicated a buoyant increase from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Mobile Phone Production in the Middle East

In value terms, mobile phone production reduced sharply to $X in 2022 estimated in export price. Over the period under review, production, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, production reached the peak level of $X, and then fell remarkably in the following year.

Mobile Phone Exports

Exports in the Middle East

In 2022, shipments abroad of mobile phones increased by X% to X units, rising for the seventh consecutive year after two years of decline. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, mobile phone exports surged to $X in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the one major exporters of mobile phones, namely the United Arab Emirates, represented more than two-thirds of total export.

The United Arab Emirates was also the fastest-growing in terms of the mobile phones exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of the United Arab Emirates increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) also remains the largest mobile phone supplier in the Middle East.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates totaled X%.

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, declining by X% against the previous year. Export price indicated a pronounced expansion 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. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of export peaked at $X per unit in 2021, and then declined in the following year.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Mobile Phone Imports

Imports in the Middle East

In 2022, approx. X units of mobile phones were imported in the Middle East; jumping by X% on the year before. Over the period under review, imports saw strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, mobile phone imports surged to $X in 2022. Total imports indicated a buoyant increase from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

The United Arab Emirates prevails in imports structure, finishing at X units, which was approx. X% of total imports in 2022. The following importers - Iran (X units), Saudi Arabia (X units) and Iraq (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to mobile phone imports into the United Arab Emirates stood at X%. At the same time, Iran (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Iraq (X%) and Saudi Arabia (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.) and Iran (X p.p.) significantly strengthened its position in terms of the total imports, while Iraq and Saudi Arabia saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported mobile phones in the Middle East, comprising X% of total imports. The second position in the ranking was held by Iran ($X), with an X% share of total imports. It was followed by Saudi Arabia, with an X% share.

In the United Arab Emirates, mobile phone 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: Iran (X% per year) and Saudi Arabia (X% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per unit, declining by X% against the previous year. In general, the import price showed a noticeable setback. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, import prices hit record highs at $X per unit in 2021, and then fell remarkably in the following year.

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 Saudi Arabia ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :