Middle East: Insulated Coaxial Cables Market 2021

Insulated Coaxial Cables Market Size in the Middle East

In 2020, the Middle Eastern insulated coaxial cables market decreased by -X% to $X for the first time since 2015, thus ending a four-year rising trend. Over the period under review, consumption saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Insulated Coaxial Cables Production in the Middle East

In value terms, insulated coaxial cables production rose notably to $X in 2020 estimated in export prices. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, production attained the peak level at $X in 2008; however, from 2009 to 2020, production remained at a lower figure.

Production By Country in the Middle East

The countries with the highest volumes of insulated coaxial cables production in 2020 were Turkey (X tons), Saudi Arabia (X tons) and Iran (X tons), with a combined X% share of total production.

From 2007 to 2020, the most notable rate of growth in terms of insulated coaxial cables production, amongst the leading producing countries, was attained by Iran, while insulated coaxial cables production for the other leaders experienced mixed trends in the production figures.

Insulated Coaxial Cables Exports

Exports in the Middle East

Insulated coaxial cables exports shrank to X tons in 2020, reducing by -X% on the previous year's figure. Over the period under review, exports recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X tons in 2008; however, from 2009 to 2020, exports remained at a lower figure.

In value terms, insulated coaxial cables exports dropped to $X in 2020. In general, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

Exports by Country

Saudi Arabia was the key exporter of insulated coaxial cables in the Middle East, with the volume of exports reaching X tons, which was approx. X% of total exports in 2020. The United Arab Emirates (X tons) held the second position in the ranking, followed by Kuwait (X tons) and Turkey (X tons). All these countries together occupied approx. X% share of total exports.

Exports from Saudi Arabia decreased at an average annual rate of -X% from 2007 to 2020. The United Arab Emirates experienced a relatively flat trend pattern. Kuwait (-X%) and Turkey (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Saudi Arabia and the United Arab Emirates increased by +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) remains the largest insulated coaxial cables supplier in the Middle East, comprising X% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

In Saudi Arabia, insulated coaxial cables exports shrank by an average annual rate of -X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: the United Arab Emirates (-X% per year) and Turkey (-X% per year).

Export Prices by Country

In 2020, the insulated coaxial cables export price in the Middle East amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the export price showed a pronounced downturn. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. Over the period under review, export prices hit record highs at $X per ton in 2008; however, from 2009 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Turkey ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced a decline in the export price figures.

Insulated Coaxial Cables Imports

Imports in the Middle East

In 2020, after two years of growth, there was significant decline in supplies from abroad of insulated coaxial cables, when their volume decreased by -X% to X tons. Over the period under review, imports recorded a deep slump. The most prominent rate of growth was recorded in 2015 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tons in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, insulated coaxial cables imports dropped notably to $X in 2020. In general, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the United Arab Emirates (X tons) was the key importer of insulated coaxial cables, mixing up X% of total imports. Kuwait (X tons) ranks second in terms of the total imports with a X% share, followed by Jordan (X%) and Saudi Arabia (X%). Oman (X tons), Turkey (X tons) and Iraq (X tons) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to insulated coaxial cables imports into the United Arab Emirates stood at -X%. At the same time, Kuwait (+X%), Jordan (+X%) and Turkey (+X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +X% from 2007-2020. By contrast, Oman (-X%), Iraq (-X%) and Saudi Arabia (-X%) illustrated a downward trend over the same period. While the share of Kuwait (+X p.p.), Jordan (+X p.p.) and Turkey (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Iraq (-X p.p.) and Saudi Arabia (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported insulated coaxial cables in the Middle East, comprising X% of total imports. The second position in the ranking was occupied by Kuwait ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2007 to 2020, the average annual growth rate of value in the United Arab Emirates totaled -X%. In the other countries, the average annual rates were as follows: Kuwait (+X% per year) and Turkey (+X% per year).

Import Prices by Country

In 2020, the insulated coaxial cables import price in the Middle East amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price continues to indicate a mild decline. The pace of growth was the most pronounced in 2012 when the import price increased by X% y-o-y. As a result, import price reached the peak level of $X per ton. From 2013 to 2020, the growth in terms of the import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Turkey ($X per ton), while Jordan ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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