Middle East: Accumulator Market 2025

Accumulator Market Size in the Middle East

The Middle Eastern accumulator market amounted to $X in 2022, approximately mirroring the previous year. Over the period under review, consumption saw a buoyant increase. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Accumulator Production in the Middle East

In value terms, accumulator production reduced to $X in 2022 estimated in export price. Overall, production recorded buoyant growth. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Accumulator Exports

Exports in the Middle East

In 2022, approx. X units of electric accumulators were exported in the Middle East; with an increase of X% against 2021. In general, exports continue to indicate a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, accumulator exports surged to $X in 2022. Over the period under review, exports showed a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates was the largest exporting country with an export of about X units, which finished at X% of total exports. It was distantly followed by Turkey (X units), generating a X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the electric accumulators exports, with a CAGR of X% from 2012 to 2022. At the same time, Turkey (X%) displayed positive paces of growth. While the share of the United Arab Emirates (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Turkey (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) and Turkey ($X) appeared to be the countries with the highest levels of exports in 2022.

The United Arab Emirates, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the export price saw a deep downturn. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 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 Turkey ($X per unit), while the United Arab Emirates amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%).

Accumulator Imports

Imports in the Middle East

In 2022, the amount of electric accumulators imported in the Middle East skyrocketed to X units, growing by X% compared with the year before. Overall, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of import peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, accumulator imports rose notably to $X in 2022. Total imports indicated a buoyant 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, imports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

Turkey was the key importer of electric accumulators in the Middle East, with the volume of imports resulting at X units, which was approx. X% of total imports in 2022. It was distantly followed by the United Arab Emirates (X units) and Lebanon (X units), together making up a X% share of total imports. Iraq (X units) and Israel (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to accumulator imports into Turkey stood at X%. At the same time, Lebanon (X%), Israel (X%), Iraq (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Lebanon emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Turkey and Lebanon increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest accumulator importing markets in the Middle East were Turkey ($X), the United Arab Emirates ($X) and Israel ($X), together accounting for X% of total imports. Lebanon and Iraq lagged somewhat behind, together accounting for a further X%.

Lebanon, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries 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, reducing by X% against the previous year. In general, the import price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 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 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 (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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