GCC: Monitors And Projectors Market 2025

Monitors And Projectors Market Size in GCC

The GCC monitors and projectors market expanded significantly to $X in 2022, growing by 7.3% against the previous year. The market value increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Monitors And Projectors Production in GCC

In value terms, monitors and projectors production rose notably to $X in 2022 estimated in export price. In general, production continues to indicate strong growth. The growth pace was the most rapid in 2014 with an increase of 55%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Monitors And Projectors Exports

Exports in GCC

In 2022, overseas shipments of monitors and projectors increased by 28% to X units, rising for the second year in a row after four years of decline. Overall, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, monitors and projectors exports soared to $X in 2022. In general, exports, however, faced a precipitous contraction. The most prominent rate of growth was recorded in 2015 with an increase of 25%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Bahrain represented the largest exporter of monitors and projectors in GCC, with the volume of exports accounting for X units, which was near 81% of total exports in 2022. It was distantly followed by the United Arab Emirates (X units), generating a 14% share of total exports. Saudi Arabia (X units) followed a long way behind the leaders.

Bahrain was also the fastest-growing in terms of the monitors and projectors exports, with a CAGR of +6.7% from 2012 to 2022. Saudi Arabia (-15.0%) and the United Arab Emirates (-31.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Bahrain increased by +75 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest monitors and projectors supplying countries in GCC were the United Arab Emirates ($X), Bahrain ($X) and Saudi Arabia ($X), together accounting for 91% of total exports.

Among the main exporting countries, Saudi Arabia, with a CAGR of -14.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in GCC amounted to $X per unit, which is down by -5.1% against the previous year. Overall, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 when the export price increased by 45% 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.

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 Saudi Arabia ($X per unit), while Bahrain ($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 (+5.7%), while the other leaders experienced mixed trends in the export price figures.

Monitors And Projectors Imports

Imports in GCC

Monitors and projectors imports contracted slightly to X units in 2022, declining by -3.5% compared with the previous year's figure. In general, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of 9%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, monitors and projectors imports surged to $X in 2022. Overall, imports showed a abrupt decrease. The growth pace was the most rapid in 2018 when imports increased by 31% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X units) represented the main importer of monitors and projectors, achieving 66% of total imports. It was distantly followed by Kuwait (X units) and Oman (X units), together generating a 31% share of total imports. Bahrain (X units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to monitors and projectors imports into the United Arab Emirates stood at -17.4%. Kuwait experienced a relatively flat trend pattern. Oman (-5.4%) and Bahrain (-11.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kuwait and Oman increased by +21 and +3.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kuwait ($X), the United Arab Emirates ($X) and Oman ($X) were the countries with the highest levels of imports in 2022, together accounting for 85% of total imports.

Kuwait, with a CAGR of +6.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in GCC stood at $X per unit in 2022, increasing by 30% against the previous year. Import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% 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 2019 an increase of 48%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+10.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform