GCC: Market for Electronic Instruments And Machines For Measuring Geometrical Quantities 2025

Market Size for Electronic Instruments And Machines For Measuring Geometrical Quantities in GCC

The GCC geometrical quantities electronic measurer market contracted modestly to $X in 2022, waning by -4.6% against the previous year. The total consumption indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.8% 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 +10.1% against 2020 indices. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Electronic Instruments And Machines For Measuring Geometrical Quantities in GCC

In value terms, geometrical quantities electronic measurer production declined to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable decrease. The pace of growth appeared the most rapid in 2017 with an increase of 72%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Exports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Exports in GCC

Geometrical quantities electronic measurer exports declined rapidly to X units in 2022, shrinking by -22.9% against the year before. Total exports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +117.8% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of 87%. The volume of export peaked at X units in 2021, and then shrank rapidly in the following year.

In value terms, geometrical quantities electronic measurer exports declined to $X in 2022. Total exports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +92.4% against 2016 indices. The most prominent rate of growth was recorded in 2019 with an increase of 35% against the previous year. The level of export peaked at $X in 2021, and then fell in the following year.

Exports by Country

The United Arab Emirates represented the main exporter of electronic instruments and machines for measuring geometrical quantities in GCC, with the volume of exports finishing at X units, which was near 48% of total exports in 2022. Saudi Arabia (X units) ranks second in terms of the total exports with a 29% share, followed by Oman (15%) and Kuwait (4.6%). Bahrain (X units) took a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Oman (with a CAGR of +57.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) remains the largest geometrical quantities electronic measurer supplier in GCC, comprising 55% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 24% share of total exports. It was followed by Oman, with a 12% share.

In the United Arab Emirates, geometrical quantities electronic measurer exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (+6.3% per year) and Oman (+49.0% per year).

Export Prices by Country

The export price in GCC stood at $X per unit in 2022, surging by 23% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 25%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the export prices remained at a 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 Bahrain ($X per unit), while Oman ($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 (+2.5%), while the other leaders experienced a decline in the export price figures.

Imports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Imports in GCC

In 2022, overseas purchases of electronic instruments and machines for measuring geometrical quantities decreased by -1.6% to X units for the first time since 2018, thus ending a three-year rising trend. Total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +5.7% 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 +72.8% against 2016 indices. The growth pace was the most rapid in 2014 when imports increased by 34% against the previous year. The volume of import peaked at X units in 2021, and then contracted modestly in the following year.

In value terms, geometrical quantities electronic measurer imports reduced to $X in 2022. The total import value increased at an average annual rate of +1.6% 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 2014 with an increase of 36% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X units) was the major importer of electronic instruments and machines for measuring geometrical quantities, generating 61% of total imports. Kuwait (X units) ranks second in terms of the total imports with a 16% share, followed by Oman (14%) and Bahrain (6.9%). Qatar (X units) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to geometrical quantities electronic measurer imports into the United Arab Emirates stood at +5.0%. At the same time, Qatar (+12.2%), Kuwait (+8.3%), Oman (+6.3%) and Bahrain (+5.2%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in GCC, with a CAGR of +12.2% from 2012-2022. While the share of Kuwait (+3.3 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United Arab Emirates (-4.5 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 ($X) constitutes the largest market for imported electronic instruments and machines for measuring geometrical quantities in GCC, comprising 59% of total imports. The second position in the ranking was held by Kuwait ($X), with a 5.5% share of total imports. It was followed by Oman, with a 5.2% share.

In the United Arab Emirates, geometrical quantities electronic measurer imports expanded at an average annual rate of +5.5% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kuwait (+0.6% per year) and Oman (+6.2% per year).

Import Prices by Country

The import price in GCC stood at $X per unit in 2022, falling by -7.9% against the previous year. Overall, the import price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2016 an increase of 11% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the 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 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+0.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform