Middle East - Gas Supply or Production Meters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMiddle East: Gas Supply Meter Market 2024
Gas Supply Meter Market Size in the Middle East
After five years of growth, the Middle Eastern gas supply meter market decreased by -1.8% to $X in 2021. Over the period under review, consumption, however, enjoyed a buoyant increase. The level of consumption peaked at $X in 2020, and then shrank in the following year.
Gas Supply Meter Production in the Middle East
In value terms, gas supply meter production shrank modestly to $X in 2021 estimated in export price. Overall, production saw a buoyant increase. The growth pace was the most rapid in 2018 with an increase of 79% against the previous year. The level of production peaked at $X in 2020, and then fell slightly in the following year.
Gas Supply Meter Exports
Exports in the Middle East
In 2021, exports of gas supply or production meters in the Middle East surged to X units, increasing by 147% compared with the year before. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, gas supply meter exports skyrocketed to $X in 2021. Overall, exports saw a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
The shipments of the one major exporters of gas supply or production meters, namely Turkey, represented more than two-thirds of total export.
Turkey was also the fastest-growing in terms of the gas supply or production meters exports, with a CAGR of +25.0% from 2012 to 2021. Turkey (+27 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Turkey ($X) also remains the largest gas supply meter supplier in the Middle East.
From 2012 to 2021, the average annual rate of growth in terms of value in Turkey totaled +16.9%.
Export Prices by Country
In 2021, the export price in the Middle East amounted to $X per unit, dropping by -13.3% against the previous year. Overall, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2019 when the export price increased by 22%. The level of export peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2012 to 2021, the rate of growth in terms of prices for Turkey amounted to -6.5% per year.
Gas Supply Meter Imports
Imports in the Middle East
In 2021, supplies from abroad of gas supply or production meters was finally on the rise to reach X units after two years of decline. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 66% against the previous year. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.
In value terms, gas supply meter imports soared to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 49%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.
Imports by Country
Turkey represented the key importer of gas supply or production meters in the Middle East, with the volume of imports amounting to X units, which was approx. 41% of total imports in 2021. The United Arab Emirates (X units) took the second position in the ranking, followed by Israel (X units) and Iraq (X units). All these countries together held near 50% share of total imports. The following importers - Oman (X units), Iran (X units) and Kuwait (X units) - each accounted for a 6.1% share of total imports.
From 2012 to 2021, the biggest increases were recorded for Kuwait (with a CAGR of +19.8%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Turkey ($X) constitutes the largest market for imported gas supply or production meters in the Middle East, comprising 52% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 22% share of total imports. It was followed by Israel, with a 9.8% share.
From 2012 to 2021, the average annual rate of growth in terms of value in Turkey was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (+6.9% per year) and Israel (-1.3% per year).
Import Prices by Country
The import price in the Middle East stood at $X per unit in 2021, dropping by -4% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the import price increased by 43%. The level of import peaked at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Iran ($X per unit), while Israel ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+13.4%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the gas supply meter market in the Middle East. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26516330 - Gas supply or production meters (including calibrated)
Country coverage:
- Bahrain
- Iran
- Iraq
- Israel
- Jordan
- Kuwait
- Lebanon
- Oman
- Palestine
- Qatar
- Saudi Arabia
- Syrian Arab Republic
- Turkey
- United Arab Emirates
- Yemen
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in the Middle East, split by region and country
- Trade (exports and imports) in the Middle East
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Bahrain
- Iran
- Iraq
- Israel
- Jordan
- Kuwait
- Lebanon
- Oman
- Palestine
- Qatar
- Saudi Arabia
- Syrian Arab Republic
- Turkey
- United Arab Emirates
- Yemen
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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