GCC: Diode Market 2025

Diode Market Size in GCC

The GCC diode market expanded rapidly to $X in 2021, with an increase of 5.9% against the previous year. Overall, consumption showed a remarkable increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Diode Production in GCC

In value terms, diode production expanded rapidly to $X in 2021 estimated in export price. Over the period under review, production saw moderate growth. The pace of growth appeared the most rapid in 2018 with an increase of 123% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Diode Exports

Exports in GCC

In 2021, diode exports in GCC skyrocketed to X units, picking up by 103% on the year before. Overall, exports continue to indicate slight growth. The most prominent rate of growth was recorded in 2016 when exports increased by 129% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, diode exports surged to $X in 2021. In general, exports showed pronounced growth. The growth pace was the most rapid in 2016 with an increase of 190%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates dominates exports structure, accounting for X units, which was approx. 97% of total exports in 2021. Oman (X units) took a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to diode exports from the United Arab Emirates stood at +1.3%. At the same time, Oman (+31.3%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in GCC, with a CAGR of +31.3% from 2012-2021. From 2012 to 2021, the share of Oman increased by +1.7 percentage points.

In value terms, the United Arab Emirates ($X) remains the largest diode supplier in GCC, comprising 91% of total exports. The second position in the ranking was held by Oman ($X), with a 4.3% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the United Arab Emirates totaled +4.3%.

Export Prices by Country

The export price in GCC stood at $X per unit in 2021, declining by -4% against the previous year. Export price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, diode export price increased by +16.2% against 2019 indices. The growth pace was the most rapid in 2014 an increase of 53%. Over the period under review, the export prices hit record highs at $X per unit in 2020, and then declined modestly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.0%).

Diode Imports

Imports in GCC

In 2021, the amount of diodes, other than photosensitive or light emitting diodes imported in GCC skyrocketed to X units, jumping by 21% against the year before. Over the period under review, imports recorded a tangible expansion. The pace of growth was the most pronounced in 2017 when imports increased by 104% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, diode imports expanded to $X in 2021. In general, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of 119% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United Arab Emirates represented the major importing country with an import of around X units, which resulted at 72% of total imports. It was distantly followed by Oman (X units), making up a 23% share of total imports. The following importers - Bahrain (X units) and Qatar (X units) - each reached a 4% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to diode imports into the United Arab Emirates stood at +4.6%. At the same time, Bahrain (+12.3%) and Oman (+8.1%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in GCC, with a CAGR of +12.3% from 2012-2021. By contrast, Qatar (-9.7%) illustrated a downward trend over the same period. Oman (+5.4 p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates and Qatar saw its share reduced by -1.9% and -4.5% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported diodes, other than photosensitive or light emitting diodes in GCC, comprising 27% of total imports. The second position in the ranking was held by Oman ($X), with an 8.8% share of total imports. It was followed by Qatar, with a 1.6% share.

In the United Arab Emirates, diode imports shrank by an average annual rate of -1.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Oman (+1.9% per year) and Qatar (+1.3% per year).

Import Prices by Country

In 2021, the import price in GCC amounted to $X per unit, waning by -14.4% against the previous year. Overall, the import price, however, continues to indicate a mild increase. The most prominent rate of growth was recorded in 2014 an increase of 80%. The level of import peaked at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Qatar ($X per unit), while Bahrain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Qatar (+12.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform