Middle East: Non-Electric Bakery Oven Market 2024

Non-Electric Bakery Oven Market Size in the Middle East

The Middle Eastern non-electric bakery oven market amounted to $X in 2022, remaining stable against the previous year. The total consumption indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.7% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Non-Electric Bakery Oven Production in the Middle East

In value terms, non-electric bakery oven production declined modestly to $X in 2022 estimated in export price. The total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +2.6% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of 42%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Non-Electric Bakery Oven Exports

Exports in the Middle East

In 2022, the amount of non-electric bakery ovens exported in the Middle East declined to X units, dropping by -10.9% compared with 2021. Overall, exports continue to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2017 when exports increased by 2,209%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-electric bakery oven exports expanded modestly to $X in 2022. The total export value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 46%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey prevails in exports structure, reaching X units, which was near 83% of total exports in 2022. It was distantly followed by the United Arab Emirates (X units), mixing up a 6% share of total exports. The following exporters - Lebanon (X units), Bahrain (X units) and Iran (X units) - together made up 9.6% of total exports.

From 2012 to 2022, average annual rates of growth with regard to non-electric bakery oven exports from Turkey stood at +2.1%. At the same time, Bahrain (+27.3%) and Iran (+8.0%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +27.3% from 2012-2022. By contrast, the United Arab Emirates (-6.2%) and Lebanon (-22.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Turkey, Bahrain and Iran increased by +36, +2.5 and +1.8 percentage points, respectively.

In value terms, Turkey ($X) remains the largest non-electric bakery oven supplier in the Middle East, comprising 80% of total exports. The second position in the ranking was taken by Lebanon ($X), with an 11% share of total exports. It was followed by the United Arab Emirates, with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey totaled +5.0%. In the other countries, the average annual rates were as follows: Lebanon (-3.5% per year) and the United Arab Emirates (-10.3% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, picking up by 16% against the previous year. Overall, the export price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of 2,307% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the near future.

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 Lebanon ($X per unit), while Bahrain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+24.2%), while the other leaders experienced more modest paces of growth.

Non-Electric Bakery Oven Imports

Imports in the Middle East

In 2022, the amount of non-electric bakery ovens imported in the Middle East rose rapidly to X units, increasing by 12% against the previous year's figure. Overall, imports, however, showed a perceptible slump. The growth pace was the most rapid in 2018 with an increase of 27% against the previous year. Over the period under review, imports reached the maximum at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, non-electric bakery oven imports expanded significantly to $X in 2022. Over the period under review, imports, however, showed a mild decline. The pace of growth was the most pronounced in 2015 when imports increased by 34% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Iraq (X units) and Yemen (X units) were the major importers of non-electric bakery ovens in 2022, accounting for near 24% and 20% of total imports, respectively. It was distantly followed by the United Arab Emirates (X units), Turkey (X units), Qatar (X units), Israel (X units) and Bahrain (X units), together generating a 45% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Yemen (with a CAGR of +18.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Iraq ($X), the United Arab Emirates ($X) and Turkey ($X) were the countries with the highest levels of imports in 2022, together comprising 51% of total imports. Israel, Qatar, Yemen and Bahrain lagged somewhat behind, together accounting for a further 14%.

Among the main importing countries, Qatar, with a CAGR of +15.9%, saw the highest growth rate of 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

The import price in the Middle East stood at $X per unit in 2022, shrinking by -6.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2015 an increase of 38%. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the import prices remained 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 the United Arab Emirates ($X per unit), while Yemen ($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 (+14.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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