Middle East: Electronic Lamp Machine Market 2024

Electronic Lamp Machine Market Size in the Middle East

The Middle Eastern electronic lamp machine market surged to $X in 2021, picking up by 29% against the previous year. In general, consumption, however, showed a abrupt shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Electronic Lamp Machine Production in the Middle East

In value terms, electronic lamp machine production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the production volume increased by 25% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Electronic Lamp Machine Exports

Exports in the Middle East

In 2021, after six years of growth, there was significant decline in overseas shipments of machines for electric or electronic lamps, tubes, valves or flashbulbs, when their volume decreased by -57.4% to X units. Overall, exports, however, saw buoyant growth. The pace of growth was the most pronounced in 2015 with an increase of 209%. Over the period under review, the exports attained the maximum at X units in 2020, and then shrank dramatically in the following year.

In value terms, electronic lamp machine exports dropped rapidly to $X in 2021. Over the period under review, exports, however, saw a perceptible increase. The most prominent rate of growth was recorded in 2019 when exports increased by 422% against the previous year. The level of export peaked at $X in 2020, and then contracted sharply in the following year.

Exports by Country

The United Arab Emirates was the largest exporting country with an export of around X units, which amounted to 74% of total exports. Israel (X units) took the second position in the ranking, followed by Oman (X units) and Bahrain (X units). All these countries together held approx. 23% share of total exports. Turkey (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to electronic lamp machine exports from the United Arab Emirates stood at +6.1%. At the same time, Bahrain (+77.7%), Oman (+19.0%) and Israel (+5.3%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +77.7% from 2012-2021. By contrast, Turkey (-1.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Bahrain and Oman increased by +5.8 and +4.1 percentage points, respectively.

In value terms, Israel ($X) remains the largest electronic lamp machine supplier in the Middle East, comprising 52% of total exports. The second position in the ranking was taken by Bahrain ($X), with a 24% share of total exports. It was followed by the United Arab Emirates, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Israel amounted to +2.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Bahrain (+122.0% per year) and the United Arab Emirates (+0.1% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2021, reducing by -69.8% against the previous year. Overall, the export price saw a pronounced decrease. The pace of growth appeared the most rapid in 2019 when the export price increased by 169% against the previous year. The level of export peaked at $X per unit in 2020, and then reduced dramatically in the following year.

There were significant differences in the average prices amongst the major exporting 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 Bahrain (+25.0%), while the other leaders experienced a decline in the export price figures.

Electronic Lamp Machine Imports

Imports in the Middle East

In 2021, purchases abroad of machines for electric or electronic lamps, tubes, valves or flashbulbs decreased by -21.4% to X units for the first time since 2018, thus ending a two-year rising trend. In general, imports faced a abrupt shrinkage. The growth pace was the most rapid in 2017 when imports increased by 281% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, electronic lamp machine imports dropped markedly to $X in 2021. Over the period under review, imports recorded a abrupt decline. The growth pace was the most rapid in 2017 when imports increased by 399%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Turkey (X units), distantly followed by Qatar (X units), Iran (X units) and Oman (X units) were the main importers of machines for electric or electronic lamps, tubes, valves or flashbulbs, together creating 98% of total imports.

From 2012 to 2021, the biggest increases were in Qatar (with a CAGR of +46.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electronic lamp machine importing markets in the Middle East were Iran ($X), Turkey ($X) and Oman ($X), together accounting for 93% of total imports.

In terms of the main importing countries, Iran, with a CAGR of +6.1%, recorded the highest rates of growth with regard to the value of imports, 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, with a decrease of -2% against the previous year. Overall, the import price, however, posted a moderate expansion. The growth pace was the most rapid in 2018 an increase of 67%. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Iran ($X per unit), while Qatar ($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 (+38.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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