Middle East: Balloon And Dirigible Market 2024

Balloon And Dirigible Market Size in the Middle East

In 2022, the Middle Eastern balloon and dirigible market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. The total consumption indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Balloon And Dirigible Production in the Middle East

In value terms, balloon and dirigible production declined rapidly to $X in 2022 estimated in export price. Over the period under review, production saw a remarkable increase. The growth pace was the most rapid in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Balloon And Dirigible Exports

Exports in the Middle East

In 2022, approx. X units of balloons, dirigibles and other non-powered aircraft were exported in the Middle East; growing by X% compared with 2021 figures. Overall, exports showed buoyant growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, balloon and dirigible exports fell significantly to $X in 2022. In general, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Turkey (X units) represented the major exporter of balloons, dirigibles and other non-powered aircraft, creating X% of total exports. It was distantly followed by the United Arab Emirates (X units), mixing up a X% share of total exports. Israel (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest balloon and dirigible supplying countries in the Middle East were Israel ($X), Turkey ($X) and the United Arab Emirates ($X), together comprising X% of total exports.

The United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per unit, which is down by X% against the previous year. Overall, the export price saw a dramatic decrease. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (X%), while the other leaders experienced a decline in the export price figures.

Balloon And Dirigible Imports

Imports in the Middle East

In 2022, overseas purchases of balloons, dirigibles and other non-powered aircraft were finally on the rise to reach X units after two years of decline. Overall, imports, however, continue to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, balloon and dirigible imports fell notably to $X in 2022. In general, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then fell notably in the following year.

Imports by Country

Turkey represented the largest importing country with an import of around X units, which resulted at X% of total imports. Iraq (X units) took the second position in the ranking, followed by the United Arab Emirates (X units) and Israel (X units). All these countries together took approx. X% share of total imports. Iran (X units) and Bahrain (X units) held a minor share of total imports.

Imports into Turkey decreased at an average annual rate of X% from 2012 to 2022. At the same time, Iraq (X%), Bahrain (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Iran (X%) and Israel (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Iraq, the United Arab Emirates and Bahrain increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest balloon and dirigible importing markets in the Middle East were Turkey ($X), the United Arab Emirates ($X) and Iraq ($X), with a combined X% share of total imports.

Among the main importing countries, Iraq, with a CAGR of X%, recorded 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

In 2022, the import price in the Middle East amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the import price, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit, and then fell significantly 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 the United Arab Emirates ($X per unit), while Bahrain ($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 (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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