Middle East: Air Conditioner Market 2020

Air Conditioner Market Size in Middle East

The revenue of the air conditioner market in Middle East amounted to $X in 2017, increasing by X% against the previous year. The total market indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the air conditioner consumption increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2010, when market value increased by X% against the previous year. The level of air conditioner consumption peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Air Conditioner Production in Middle East

In 2017, approx. X units of air conditioning machines with refrigeration unit were produced in Middle East; approximately reflecting the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2016, when the output figure increased by X% year-to-year. The volume of air conditioner production peaked in 2017, and is expected to retain its growth in the immediate term.

Air Conditioner Exports in Middle East

The exports stood at X units in 2017, picking up by X% against the previous year. The air conditioner exports continue to indicate a temperate setback. The most prominent rate of growth was recorded in 2015, when it surged by X% year-to-year. The volume of exports peaked of X units in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, air conditioner exports stood at $X in 2017. The air conditioner exports continue to indicate a relatively flat trend pattern. The level of exports peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Air Conditioner Exports by Country in Middle East

Jordan (X units), the United Arab Emirates (X units) and Turkey (X units) represented roughly X% of total exports of air conditioning machines with refrigeration unit in 2017. Saudi Arabia (X units) ranks second in terms of the global exports with a X% share, followed by Oman (X%). Kuwait (X units) and Bahrain (X units) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Jordan (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest air conditioner markets worldwide were the United Arab Emirates ($X), Jordan ($X) and Turkey ($X), together comprising X% of total exports.

Among the main exporting countries , Jordan (+X% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Air Conditioner Export Prices by Country in Middle East

In 2017, the air conditioner export price in Middle East amounted to $X thousand per unit, increasing by X% against the previous year. The export price indicated a temperate expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2010, an increase of X% year-to-year. Over the period under review, the export prices for air conditioning machines with refrigeration unit reached its peak figure level of $X thousand per unit in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was the United Arab Emirates ($X thousand per unit), while Jordan ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Kuwait (+X% per year), while the other leaders experienced more modest paces of growth.

Air Conditioner Imports in Middle East

In 2017, air conditioner imports in Middle East stood at X units, going down by -X% against the previous year. The air conditioner imports continue to indicate a significant descent. The most prominent rate of growth was recorded in 2015, with an increase of X% year-to-year. The volume of imports peaked of X units in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, air conditioner imports totaled $X in 2017. The air conditioner imports continue to indicate a slight curtailment. The level of imports peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Air Conditioner Imports by Country in Middle East

Turkey represented the largest importing country with an import of about X units, which finished at X% of total imports. Saudi Arabia (X units) held a X% share (based on tons) of total imports, which put it in second place, followed by Iran (X%), Iraq (X%), Kuwait (X%), Oman (X%) and the United Arab Emirates (X%).

Imports into Turkey increased at an average annual rate of +X% from 2007 to 2017. At the same time, Iraq (+X%), Iran (+X%), the United Arab Emirates (+X%) and Saudi Arabia (+X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. By contrast, Kuwait (-X%) and Oman (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Oman increased by X% percentage points, while Saudi Arabia (-X%), Iran (-X%), Iraq (-X%) and Turkey (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X), Kuwait ($X) and Saudi Arabia ($X) constituted the countries with the highest levels of imports in 2017, together accounting for X% of total imports. These countries were followed by Turkey, Iraq, Oman and Iran, which together accounted for a further X%.

Iraq (+X% per year) recorded the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Air Conditioner Import Prices by Country in Middle East

In 2017, the air conditioner import price in Middle East amounted to $X per unit, dropping by -X% against the previous year. The import price indicated a modest expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the air conditioner import price decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2010, when the import prices increased by X% y-o-y. Over the period under review, the import prices for air conditioning machines with refrigeration unit attained its maximum level of $X per unit in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was the United Arab Emirates ($X thousand per unit), while Turkey ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Oman (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform