Middle East: Coin Game Market 2022

Coin Game Market Size in the Middle East

The Middle Eastern coin game market declined to $X in 2021, waning by -10.8% against the previous year. In general, consumption showed a abrupt curtailment. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Coin Game Production in the Middle East

In value terms, coin game production contracted to $X in 2021 estimated in export price. Over the period under review, production showed a abrupt decrease. The pace of growth was the most pronounced in 2018 with an increase of 65% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Coin Game Exports

Exports in the Middle East

In 2021, overseas shipments of games operated by coins, banknotes or discs increased by 102% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, exports posted a resilient expansion. The growth pace was the most rapid in 2013 with an increase of 342%. The volume of export peaked at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, coin game exports surged to $X in 2021. Over the period under review, exports posted a prominent expansion. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, the United Arab Emirates (X units) was the largest exporter of games operated by coins, banknotes or discs, mixing up 53% of total exports. Saudi Arabia (X units) held an 18% share (based on physical terms) of total exports, which put it in second place, followed by Lebanon (15%) and Oman (8.7%). Turkey (X units) held a relatively small share of total exports.

Exports from the United Arab Emirates increased at an average annual rate of +6.8% from 2012 to 2021. At the same time, Oman (+151.4%), Lebanon (+77.5%), Saudi Arabia (+16.4%) and Turkey (+15.6%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +151.4% from 2012-2021. From 2012 to 2021, the share of Lebanon, Oman and Saudi Arabia increased by +15, +8.7 and +5.3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest coin game supplier in the Middle East, comprising 60% of total exports. The second position in the ranking was taken by Turkey ($X), with a 28% share of total exports. It was followed by Lebanon, with a 6.2% share.

In the United Arab Emirates, coin game exports increased at an average annual rate of +17.9% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (+4.3% per year) and Lebanon (+65.9% per year).

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per unit, surging by 11% against the previous year. Overall, the export price, however, saw a mild slump. The most prominent rate of growth was recorded in 2019 an increase of 151%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Turkey ($X per unit), while Saudi Arabia ($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 (+10.3%), while the other leaders experienced a decline in the export price figures.

Coin Game Imports

Imports in the Middle East

In 2021, purchases abroad of games operated by coins, banknotes or discs decreased by -57% to X units for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 35%. The volume of import peaked at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, coin game imports contracted rapidly to $X in 2021. In general, imports saw a abrupt decline. The pace of growth was the most pronounced in 2015 when imports increased by 21%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Saudi Arabia (X units), distantly followed by Iran (X units), Oman (X units), Israel (X units), Iraq (X units), Kuwait (X units) and the United Arab Emirates (X units) represented the largest importers of games operated by coins, banknotes or discs, together mixing up 96% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Iraq (with a CAGR of +21.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest coin game importing markets in the Middle East were Saudi Arabia ($X), Israel ($X) and Iraq ($X), with a combined 66% share of total imports.

Iraq, with a CAGR of +15.8%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2021, shrinking by -15.9% against the previous year. Overall, the import price recorded a noticeable descent. The pace of growth was the most pronounced in 2018 an increase of 46% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+0.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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