Middle East: Market for Instruments for Measuring Electrical Quantities 2025

Market Size for Instruments for Measuring Electrical Quantities in the Middle East

In 2021, the Middle Eastern market for instruments for measuring electrical quantities increased by 9.3% to $X, rising for the third consecutive year after four years of decline. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Instruments for Measuring Electrical Quantities in the Middle East

In value terms, instruments for measuring electrical quantities production contracted slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 with an increase of 56%. The level of production peaked at $X in 2020, and then dropped in the following year.

Exports of Instruments for Measuring Electrical Quantities

Exports in the Middle East

In 2021, exports of instruments for measuring electrical quantities in the Middle East fell modestly to X units, which is down by -3.6% compared with the previous year's figure. In general, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of 62%. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, instruments for measuring electrical quantities exports soared to $X in 2021. Over the period under review, exports saw a abrupt setback. The pace of growth was the most pronounced in 2017 when exports increased by 51%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Turkey (X units) and the United Arab Emirates (X units) were the main exporters of instruments for measuring electrical quantities in the Middle East, together reaching approx. 82% of total exports. It was distantly followed by Israel (X units), creating a 15% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +5.9%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the largest instruments for measuring electrical quantities supplying countries in the Middle East were Turkey ($X), Israel ($X) and the United Arab Emirates ($X), with a combined 95% share of total exports.

The United Arab Emirates, with a CAGR of +2.5%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2021, growing by 33% against the previous year. Export price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the export price increased by 41%. Over the period under review, the export prices attained the peak figure in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably country of origin: 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 2021, the most notable rate of growth in terms of prices was attained by Turkey (+4.0%), while the other leaders experienced mixed trends in the export price figures.

Imports of Instruments for Measuring Electrical Quantities

Imports in the Middle East

In 2021, overseas purchases of instruments for measuring electrical quantities increased by 49% to X units, rising for the second consecutive year after two years of decline. Total imports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +59.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, instruments for measuring electrical quantities imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Turkey was the major importer of instruments for measuring electrical quantities in the Middle East, with the volume of imports accounting for X units, which was approx. 49% of total imports in 2021. The United Arab Emirates (X units) took the second position in the ranking, followed by Iraq (X units), Israel (X units), Oman (X units) and Iran (X units). All these countries together took approx. 46% share of total imports. Kuwait (X units) took a minor share of total imports.

Turkey was also the fastest-growing in terms of the instruments for measuring electrical quantities imports, with a CAGR of +10.6% from 2012 to 2021. At the same time, Oman (+9.1%), Israel (+8.5%), Iraq (+6.6%) and the United Arab Emirates (+1.5%) displayed positive paces of growth. By contrast, Kuwait (-11.3%) and Iran (-12.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Turkey, Iraq, Oman and Israel increased by +23, +3.2, +2.1 and +1.9 percentage points, respectively.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Israel ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 62% of total imports.

In terms of the main importing countries, Israel, with a CAGR of +7.2%, saw the highest rates of growth with regard to 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 2021, the import price in the Middle East amounted to $X per unit, falling by -17.4% against the previous year. In general, the import price recorded a slight contraction. The pace of growth was the most pronounced in 2014 an increase of 28%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: 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 Kuwait (+7.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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