Middle East: Monitors And Projectors Market 2024

Monitors And Projectors Market Size in the Middle East

The Middle Eastern monitors and projectors market expanded remarkably to $X in 2022, growing by 6.3% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Monitors And Projectors Production in the Middle East

In value terms, monitors and projectors production expanded markedly to $X in 2022 estimated in export price. Over the period under review, production posted a buoyant increase. The pace of growth was the most pronounced in 2014 when the production volume increased by 55%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Monitors And Projectors Exports

Exports in the Middle East

In 2022, shipments abroad of monitors and projectors increased by 29% to X units, rising for the second year in a row after four years of decline. Over the period under review, exports, however, continue to indicate a deep slump. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, monitors and projectors exports surged to $X in 2022. In general, exports, however, continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2015 when exports increased by 29%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Bahrain represented the main exporter of monitors and projectors in the Middle East, with the volume of exports accounting for X units, which was approx. 77% of total exports in 2022. The United Arab Emirates (X units) ranks second in terms of the total exports with a 13% share, followed by Turkey (4.7%). Saudi Arabia (X units) held a minor share of total exports.

Bahrain was also the fastest-growing in terms of the monitors and projectors exports, with a CAGR of +6.7% from 2012 to 2022. Saudi Arabia (-15.0%), Turkey (-15.7%) and the United Arab Emirates (-31.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Bahrain increased by +71 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest monitors and projectors supplying countries in the Middle East were the United Arab Emirates ($X), Bahrain ($X) and Turkey ($X), with a combined 73% share of total exports. These countries were followed by Saudi Arabia, which accounted for a further 8.7%.

Among the main exporting countries, Saudi Arabia, with a CAGR of -14.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per unit, shrinking by -2.2% against the previous year. Over the period under review, the export price showed a abrupt contraction. The growth pace was the most rapid in 2013 an increase of 36% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while Bahrain ($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 (+5.7%), while the other leaders experienced mixed trends in the export price figures.

Monitors And Projectors Imports

Imports in the Middle East

In 2022, overseas purchases of monitors and projectors decreased by -5.7% to X units, falling for the ninth year in a row after two years of growth. Over the period under review, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2013 when imports increased by 12% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, monitors and projectors imports expanded notably to $X in 2022. In general, imports showed a abrupt setback. The growth pace was the most rapid in 2019 with an increase of 17%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X units) and the United Arab Emirates (X units) were the major importers of monitors and projectors in the Middle East, together reaching near 67% of total imports. It was distantly followed by Kuwait (X units) and Israel (X units), together mixing up a 19% share of total imports. Lebanon (X units), Oman (X units) and Iran (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Lebanon (with a CAGR of +2.0%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Kuwait ($X), the United Arab Emirates ($X) and Turkey ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 63% share of total imports.

Kuwait, with a CAGR of +6.6%, saw the highest rates of growth with regard to the value of imports, among 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, growing by 19% against the previous year. Overall, the import price, however, recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2019 when the import price increased by 28%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the import prices remained at a 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 Oman ($X per unit), while Israel ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+10.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :