MENA: Respiration Apparatus Market 2024

Respiration Apparatus Market Size in MENA

In 2021, after four years of growth, there was significant decline in the MENA's respiration apparatus market, when its value decreased by -19.8% to $X. Overall, consumption, however, showed a strong expansion. As a result, consumption attained the peak level of $X, and then reduced sharply in the following year.

Respiration Apparatus Production in MENA

In value terms, respiration apparatus production surged to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Respiration Apparatus Exports

Exports in MENA

In 2021, shipments abroad of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus increased by 7.6% to X tons, rising for the second year in a row after two years of decline. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 232% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, respiration apparatus exports declined significantly to $X in 2021. Over the period under review, exports saw buoyant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 236% against the previous year. As a result, the exports attained the peak of $X, and then declined dramatically in the following year.

Exports by Country

Turkey prevails in exports structure, recording X tons, which was near 87% of total exports in 2021. It was distantly followed by the United Arab Emirates (X tons), committing an 8.2% share of total exports. Israel (X tons) followed a long way behind the leaders.

Turkey was also the fastest-growing in terms of the ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus exports, with a CAGR of +22.9% from 2012 to 2021. At the same time, the United Arab Emirates (+21.5%) displayed positive paces of growth. By contrast, Israel (-2.8%) illustrated a downward trend over the same period. Turkey (+15 p.p.) significantly strengthened its position in terms of the total exports, while Israel saw its share reduced by -15.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest respiration apparatus supplier in MENA, comprising 64% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with an 18% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Turkey stood at +25.6%. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (+25.5% per year) and Israel (-0.1% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2021, falling by -27.7% against the previous year. Over the period under review, the export price showed a pronounced curtailment. The most prominent rate of growth was recorded in 2014 when the export price increased by 38% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Israel ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.2%), while the other leaders experienced more modest paces of growth.

Respiration Apparatus Imports

Imports in MENA

In 2021, after two years of growth, there was significant decline in overseas purchases of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus, when their volume decreased by -41.9% to X tons. Over the period under review, imports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2020 when imports increased by 113%. As a result, imports reached the peak of X tons, and then dropped dramatically in the following year.

In value terms, respiration apparatus imports declined significantly to $X in 2021. Overall, imports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of 154%. As a result, imports reached the peak of $X, and then dropped remarkably in the following year.

Imports by Country

Egypt (X tons) and Turkey (X tons) represented roughly 42% of total imports in 2021. Saudi Arabia (X tons) took the next position in the ranking, followed by Iraq (X tons), the United Arab Emirates (X tons) and Lebanon (X tons). All these countries together held approx. 30% share of total imports. Morocco (X tons), Israel (X tons), Algeria (X tons), Jordan (X tons), Kuwait (X tons), Tunisia (X tons) and Libya (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Iraq (with a CAGR of +46.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest respiration apparatus importing markets in MENA were Turkey ($X), Saudi Arabia ($X) and Iraq ($X), with a combined 38% share of total imports. These countries were followed by the United Arab Emirates, Egypt, Israel, Morocco, Lebanon, Algeria, Kuwait, Libya, Tunisia and Jordan, which together accounted for a further 51%.

Among the main importing countries, Morocco, with a CAGR of +28.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per ton in 2021, with a decrease of -2% against the previous year. Overall, the import price recorded a perceptible decrease. The pace of growth was the most pronounced in 2020 when the import price increased by 20% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Israel ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform