Middle East: Market for Electric Burglar Or Fire Alarms And Similar Apparatus 2024

Market Size for Electric Burglar Or Fire Alarms And Similar Apparatus in the Middle East

The Middle Eastern market for electric burglar or fire alarms and similar apparatus was estimated at $X in 2021, increasing by 5% against the previous year. Overall, consumption saw a buoyant increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Electric Burglar Or Fire Alarms And Similar Apparatus in the Middle East

In value terms, electric burglar or fire alarm production stood at $X in 2021 estimated in export price. In general, production continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2019 with an increase of 76% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Exports of Electric Burglar Or Fire Alarms And Similar Apparatus

Exports in the Middle East

In 2021, shipments abroad of electric burglar or fire alarms and similar apparatus increased by 32% to X units, rising for the third year in a row after two years of decline. Total exports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +112.1% against 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of 45% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, electric burglar or fire alarm exports soared to $X in 2021. Total exports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +146.5% against 2018 indices. The pace of growth appeared the most rapid in 2019 when exports increased by 70% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Israel (X units) and Turkey (X units) dominates exports structure, together creating 95% of total exports. The United Arab Emirates (X units) took a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Turkey (with a CAGR of +24.8%), while the other leaders experienced more modest paces of growth.

In value terms, Israel ($X) remains the largest electric burglar or fire alarm supplier in the Middle East, comprising 86% of total exports. The second position in the ranking was taken by Turkey ($X), with a 7.3% share of total exports.

In Israel, electric burglar or fire alarm exports expanded at an average annual rate of +3.0% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (+11.4% per year) and the United Arab Emirates (+11.3% per year).

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per unit, with a decrease of -2.7% against the previous year. Overall, the export price saw a noticeable downturn. The growth pace was the most rapid in 2019 when the export price increased by 17%. Over the period under review, the export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Israel ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.2%), while the other leaders experienced mixed trends in the export price figures.

Imports of Electric Burglar Or Fire Alarms And Similar Apparatus

Imports in the Middle East

In 2021, supplies from abroad of electric burglar or fire alarms and similar apparatus was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, imports showed buoyant growth. The growth pace was the most rapid in 2015 when imports increased by 53%. The volume of import peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, electric burglar or fire alarm imports surged to $X in 2021. Overall, imports recorded a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X units) was the main importer of electric burglar or fire alarms and similar apparatus, making up 57% of total imports. It was distantly followed by the United Arab Emirates (X units), Iran (X units), Israel (X units) and Iraq (X units), together creating a 35% share of total imports. Oman (X units) and Jordan (X units) followed a long way behind the leaders.

Turkey was also the fastest-growing in terms of the electric burglar or fire alarms and similar apparatus imports, with a CAGR of +21.1% from 2012 to 2021. At the same time, Israel (+15.2%), Oman (+2.5%) and Iraq (+1.9%) displayed positive paces of growth. By contrast, the United Arab Emirates (-1.4%), Jordan (-2.3%) and Iran (-3.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Turkey and Israel increased by +38 and +2.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electric burglar or fire alarm importing markets in the Middle East were the United Arab Emirates ($X), Turkey ($X) and Israel ($X), together accounting for 58% of total imports.

Israel, with a CAGR of +10.3%, 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 2021, the import price in the Middle East amounted to $X per unit, with an increase of 3.5% against the previous year. In general, the import price, however, recorded a deep setback. The most prominent rate of growth was recorded in 2019 when the import price increased by 31%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the United Arab Emirates ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Jordan (+5.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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