Middle East: Market for Air Conditioning Machines For Motor Vehicles 2024

Market Size for Air Conditioning Machines For Motor Vehicles in the Middle East

In 2022, the Middle Eastern market for air conditioning machines for motor vehicles increased by 3.1% to $X for the first time since 2017, thus ending a four-year declining trend. In general, consumption recorded pronounced growth. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Air Conditioning Machines For Motor Vehicles in the Middle East

In value terms, motor vehicle air conditioning machine production shrank to $X in 2022 estimated in export price. Over the period under review, production posted resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of 56% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Air Conditioning Machines For Motor Vehicles

Exports in the Middle East

In 2022, shipments abroad of air conditioning machines for motor vehicles increased by 4.4% to X units, rising for the second year in a row after two years of decline. In general, exports saw a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of 42% against the previous year. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, motor vehicle air conditioning machine exports rose rapidly to $X in 2022. Over the period under review, exports showed a resilient expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 36%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey represented the key exporter of air conditioning machines for motor vehicles in the Middle East, with the volume of exports resulting at X units, which was near 78% of total exports in 2022. Israel (X units) held the second position in the ranking, distantly followed by the United Arab Emirates (X units). All these countries together took approx. 21% share of total exports.

Turkey was also the fastest-growing in terms of the air conditioning machines for motor vehicles exports, with a CAGR of +7.0% from 2012 to 2022. At the same time, the United Arab Emirates (+2.1%) and Israel (+1.0%) displayed positive paces of growth. Turkey (+11 p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates and Israel saw its share reduced by -1.8% and -8.4% from 2012 to 2022, respectively.

In value terms, Turkey ($X) remains the largest motor vehicle air conditioning machine supplier in the Middle East, comprising 75% of total exports. The second position in the ranking was held by Israel ($X), with a 20% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey amounted to +7.4%. The remaining exporting countries recorded the following average annual rates of exports growth: Israel (+0.9% per year) and the United Arab Emirates (+9.4% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per unit, increasing by 4.4% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the export price increased by 19% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per unit), while Turkey ($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 (+7.2%), while the other leaders experienced mixed trends in the export price figures.

Imports of Air Conditioning Machines For Motor Vehicles

Imports in the Middle East

In 2022, approx. X units of air conditioning machines for motor vehicles were imported in the Middle East; increasing by 19% against the year before. Overall, imports showed resilient growth. The growth pace was the most rapid in 2020 with an increase of 254%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, motor vehicle air conditioning machine imports expanded remarkably to $X in 2022. Total imports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.8% 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 +36.2% against 2019 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 27% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

In 2022, Saudi Arabia (X units) was the main importer of air conditioning machines for motor vehicles, achieving 80% of total imports. Turkey (X units) took a 10% share (based on physical terms) of total imports, which put it in second place, followed by the United Arab Emirates (6.8%). Iran (X units) took a little share of total imports.

Saudi Arabia was also the fastest-growing in terms of the air conditioning machines for motor vehicles imports, with a CAGR of +37.9% from 2012 to 2022. At the same time, Turkey (+8.4%) displayed positive paces of growth. The United Arab Emirates experienced a relatively flat trend pattern. By contrast, Iran (-2.9%) illustrated a downward trend over the same period. Saudi Arabia (+64 p.p.) significantly strengthened its position in terms of the total imports, while Iran, Turkey and the United Arab Emirates saw its share reduced by -9.2%, -12.5% and -23.9% from 2012 to 2022, respectively.

In value terms, Saudi Arabia ($X), Turkey ($X) and the United Arab Emirates ($X) constituted the countries with the highest levels of imports in 2022, together comprising 94% of total imports.

Saudi Arabia, with a CAGR of +20.7%, 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 mixed trends in the imports figures.

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, reducing by -11.1% against the previous year. In general, the import price showed a deep downturn. The pace of growth appeared the most rapid in 2021 an increase of 42% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, 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 Turkey ($X per unit), while Saudi Arabia ($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 (-0.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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