MENA: Market for Wiring sets used in vehicles, aircraft or ships 2025

Market Size for Wiring sets used in vehicles, aircraft or ships in MENA

The MENA's market for wiring sets used in vehicles, aircraft or ships fell rapidly to $X in 2022, waning by -15.7% against the previous year. Overall, consumption, however, posted buoyant growth. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Wiring sets used in vehicles, aircraft or ships in MENA

In value terms, production of wiring sets used in vehicles, aircraft or ships reduced to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2018 with an increase of 76% against the previous year. Over the period under review, production of reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Wiring sets used in vehicles, aircraft or ships

Exports in MENA

In 2022, shipments abroad of wiring sets used in vehicles, aircraft or ships increased by 38% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 76%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, exports of wiring sets used in vehicles, aircraft or ships soared to $X in 2022. In general, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of 53% against the previous year. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Morocco (X tons) and Tunisia (X tons) dominates ships structure, together making up 82% of total exports. It was distantly followed by Turkey (X tons), the United Arab Emirates (X tons) and Egypt (X tons), together generating an 18% 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 Egypt (with a CAGR of +25.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest wiring sets used in vehicles, aircraft or ships supplying countries in MENA were Morocco ($X), Tunisia ($X) and Turkey ($X), with a combined 86% share of total exports. Egypt and the United Arab Emirates lagged somewhat behind, together comprising a further 13%.

In terms of the main exporting countries, Egypt, with a CAGR of +29.1%, 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 more modest paces of growth.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 52%. As a result, the export price reached the peak level of $X per ton. From 2021 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 Egypt ($X per ton), while Morocco ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+2.9%), while the other leaders experienced more modest paces of growth.

Imports of Wiring sets used in vehicles, aircraft or ships

Imports in MENA

In 2022, the amount of wiring sets used in vehicles, aircraft or ships imported in MENA shrank slightly to X tons, falling by -4.3% on 2021. Total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.4% against 2019 indices. The pace of growth appeared the most rapid in 2014 with an increase of 23%. Over the period under review, imports of reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of wiring sets used in vehicles, aircraft or ships reduced modestly to $X in 2022. Total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.3% against 2019 indices. The growth pace was the most rapid in 2013 when imports increased by 23%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X tons) was the largest importer of wiring sets used in vehicles, aircraft or ships, mixing up 49% of total imports. Morocco (X tons) ranks second in terms of the total imports with a 25% share, followed by Tunisia (18%). The following importers - the United Arab Emirates (X tons), Iran (X tons) and Israel (X tons) - each resulted at a 6.2% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Iran (with a CAGR of +9.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wiring sets used in vehicles, aircraft or ships importing markets in MENA were Turkey ($X), Morocco ($X) and Tunisia ($X), with a combined 89% share of total imports. The United Arab Emirates, Israel and Iran lagged somewhat behind, together comprising a further 7.7%.

In terms of the main importing countries, Iran, with a CAGR of +10.4%, saw the highest growth rate of 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 2022, stabilizing at the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2013 when the import price increased by 8.8%. The level of import peaked at $X per ton in 2021, and then reduced in the following year.

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 Israel ($X per ton), while Iran ($X per ton) 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 (+3.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform