Middle East: Keyboards Market 2024

Keyboards Market Size in the Middle East

After two years of growth, the Middle Eastern keyboards market decreased by -7.1% to $X in 2022. The total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +64.9% against 2015 indices. The level of consumption peaked at $X in 2021, and then reduced in the following year.

Keyboards Production in the Middle East

In value terms, keyboards production stood at $X in 2022 estimated in export price. Overall, production recorded a perceptible decline. The growth pace was the most rapid in 2018 with an increase of 54%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Keyboards Exports

Exports in the Middle East

In 2022, exports of keyboards in the Middle East contracted to X units, falling by -7.9% against 2021 figures. In general, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2015 when exports increased by 30%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, keyboards exports amounted to $X in 2022. Over the period under review, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 23%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates was the largest exporter of keyboards in the Middle East, with the volume of exports resulting at X units, which was approx. 55% of total exports in 2022. Turkey (X units) ranks second in terms of the total exports with a 33% share, followed by Israel (10%).

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +5.6%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the United Arab Emirates ($X) remains the largest keyboards supplier in the Middle East, comprising 62% of total exports. The second position in the ranking was taken by Turkey ($X), with a 22% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates stood at +8.2%. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (+8.9% per year) and Israel (-26.1% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, picking up by 19% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+14.3%), while the other leaders experienced mixed trends in the export price figures.

Keyboards Imports

Imports in the Middle East

After two years of growth, overseas purchases of keyboards decreased by -14.1% to X units in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 42% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then dropped in the following year.

In value terms, keyboards imports declined to $X in 2022. Total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.7% against 2016 indices. The pace of growth was the most pronounced in 2020 when imports increased by 20% against the previous year. The level of import peaked at $X in 2021, and then reduced in the following year.

Imports by Country

Turkey (X units) and the United Arab Emirates (X units) were the major importers of keyboards in 2022, amounting to approx. 39% and 31% of total imports, respectively. Saudi Arabia (X units) ranks next in terms of the total imports with an 11% share, followed by Israel (6.5%) and Iran (4.9%). The following importers - Iraq (X units) and Qatar (X units) - each accounted for a 3.7% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Qatar (with a CAGR of +22.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest keyboards importing markets in the Middle East were the United Arab Emirates ($X), Turkey ($X) and Saudi Arabia ($X), together accounting for 63% of total imports. Israel, Iraq, Qatar and Iran lagged somewhat behind, together comprising a further 28%.

Iraq, with a CAGR of +22.1%, 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 2022, the import price in the Middle East amounted to $X per unit, with an increase of 6.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2014 when the import price increased by 15% against the previous year. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Iraq ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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