Middle East: Billiard Accessoires Market 2024

Billiard Accessoires Market Size in the Middle East

In 2022, the Middle Eastern billiard accessoires market decreased by -55.7% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption recorded a noticeable decrease. The level of consumption peaked at $X in 2021, and then reduced notably in the following year.

Billiard Accessoires Production in the Middle East

In value terms, billiard accessoires production rose to $X in 2022 estimated in export price. The total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.3% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of 36%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Billiard Accessoires Exports

Exports in the Middle East

In 2022, billiard accessoires exports in the Middle East was estimated at X tons, picking up by 1.9% compared with the year before. In general, exports saw measured growth. The most prominent rate of growth was recorded in 2021 when exports increased by 79% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, billiard accessoires exports expanded rapidly to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 83% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United Arab Emirates (X tons) and Turkey (X tons) prevails in exports structure, together achieving 87% of total exports. It was distantly followed by Oman (X tons), generating an 8.8% share of total exports. Kuwait (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Oman (with a CAGR of +70.7%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) remains the largest billiard accessoires supplier in the Middle East, comprising 64% of total exports. The second position in the ranking was held by Turkey ($X), with a 26% share of total exports. It was followed by Oman, with a 7% share.

In the United Arab Emirates, billiard accessoires exports expanded at an average annual rate of +2.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Turkey (+3.3% per year) and Oman (+82.0% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, growing by 4.5% against the previous year. Overall, the export price, however, continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2019 an increase of 24% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 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 the United Arab Emirates ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+6.6%), while the other leaders experienced mixed trends in the export price figures.

Billiard Accessoires Imports

Imports in the Middle East

In 2022, the amount of articles and accessories for billiards imported in the Middle East reduced notably to X tons, waning by -27.7% against the previous year. Overall, imports recorded a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 98%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, billiard accessoires imports reduced rapidly to $X in 2022. In general, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 64%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates represented the main importer of articles and accessories for billiards in the Middle East, with the volume of imports resulting at X tons, which was approx. 30% of total imports in 2022. Oman (X tons) took the second position in the ranking, followed by Israel (X tons), Iraq (X tons), Kuwait (X tons), Jordan (X tons), Iran (X tons) and Qatar (X tons). All these countries together took approx. 61% share of total imports. Turkey (X tons) held a minor share of total imports.

The United Arab Emirates was also the fastest-growing in terms of the articles and accessories for billiards imports, with a CAGR of +10.5% from 2012 to 2022. At the same time, Israel (+8.8%), Oman (+8.6%), Kuwait (+6.1%) and Jordan (+4.8%) displayed positive paces of growth. Turkey experienced a relatively flat trend pattern. By contrast, Qatar (-7.2%), Iraq (-10.9%) and Iran (-11.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates, Oman, Israel, Kuwait and Jordan increased by +24, +10, +9.4, +6 and +5.4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X), Israel ($X) and Qatar ($X) were the countries with the highest levels of imports in 2022, together comprising 53% of total imports. Oman, Kuwait, Iraq, Jordan, Iran and Turkey lagged somewhat behind, together accounting for a further 39%.

Among the main importing countries, Oman, with a CAGR of +12.5%, 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

In 2022, the import price in the Middle East amounted to $X per ton, with a decrease of -21% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the import price increased by 35% against the previous year. The level of import peaked at $X per ton in 2020; however, from 2021 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 Qatar ($X per ton), while Jordan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+5.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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