MENA: Electric Soldering Iron Market 2025

Electric Soldering Iron Market Size in MENA

The MENA's electric soldering iron market fell to $X in 2022, shrinking by X% against the previous year. The total consumption indicated a moderate expansion 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 decreased by X% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Electric Soldering Iron Production in MENA

In value terms, electric soldering iron production soared to $X in 2022 estimated in export price. Over the period under review, production continues to indicate resilient growth. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Electric Soldering Iron Exports

Exports in MENA

In 2022, approx. X units of electric soldering irons and guns were exported in MENA; increasing by X% compared with the previous year. Over the period under review, exports recorded a remarkable increase. Over the period under review, the exports reached the maximum at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, electric soldering iron exports surged to $X in 2022. Overall, exports recorded a modest expansion. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, the United Arab Emirates (X units) was the major exporter of electric soldering irons and guns, comprising X% of total exports. It was distantly followed by Turkey (X units), making up a X% share of total exports. Tunisia (X units) followed a long way behind the leaders.

The United Arab Emirates was also the fastest-growing in terms of the electric soldering irons and guns exports, with a CAGR of X% from 2012 to 2022. At the same time, Turkey (X%) and Tunisia (X%) displayed positive paces of growth. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Turkey saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Tunisia ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among the main exporting countries, Turkey, with a CAGR of X%, 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 mixed trends in the exports figures.

Export Prices by Country

The export price in MENA stood at $X per unit in 2022, waning by X% against the previous year. In general, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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

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

Electric Soldering Iron Imports

Imports in MENA

Electric soldering iron imports reduced to X units in 2022, dropping 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 in certain years. The pace of growth was the most pronounced in 2017 when imports increased by X%. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, electric soldering iron imports contracted to $X in 2022. Overall, imports saw a pronounced setback. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X units) and Algeria (X units) were the main importers of electric soldering irons and guns in MENA, together generating X% of total imports. Iraq (X units) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Morocco (X%), the United Arab Emirates (X%), Iran (X%), Israel (X%), Egypt (X%) and Tunisia (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Algeria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest electric soldering iron importing markets in MENA were Turkey ($X), the United Arab Emirates ($X) and Iraq ($X), with a combined X% share of total imports. Algeria, Egypt, Israel, Iran, Morocco and Tunisia lagged somewhat behind, together accounting for a further X%.

Algeria, with a CAGR of X%, saw the highest rates of growth with regard to 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 MENA amounted to $X per unit, growing by X% against the previous year. Overall, the import price, however, showed a deep downturn. Over the period under review, import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while Algeria ($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