Middle East: Market for Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases 2025

Market Size for Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases in the Middle East

The Middle Eastern market for non-electronic instruments for measuring or checking variables of liquids or gases dropped to $X in 2021, reducing by -8.1% against the previous year. The total consumption indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +1.7% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases in the Middle East

In value terms, non-electronic liquid or gas measurer production declined to $X in 2021 estimated in export price. Overall, production, however, saw a remarkable increase. The growth pace was the most rapid in 2016 when the production volume increased by 43% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases

Exports in the Middle East

For the third consecutive year, the Middle East recorded growth in shipments abroad of non-electronic instruments for measuring or checking variables of liquids or gases, which increased by 81% to X units in 2021. Over the period under review, exports saw resilient growth. The pace of growth was the most pronounced in 2015 with an increase of 122%. The volume of export peaked in 2021 and is likely to see steady growth in years to come.

In value terms, non-electronic liquid or gas measurer exports soared to $X in 2021. Total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 58%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Turkey was the key exporter of non-electronic instruments for measuring or checking variables of liquids or gases in the Middle East, with the volume of exports recording X units, which was near 63% of total exports in 2021. It was distantly followed by the United Arab Emirates (X units), committing a 34% share of total exports.

From 2012 to 2021, the biggest increases were in the United Arab Emirates (with a CAGR of +14.7%).

In value terms, the largest non-electronic liquid or gas measurer supplying countries in the Middle East were the United Arab Emirates ($X) and Turkey ($X).

The United Arab Emirates, with a CAGR of +15.5%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2021, dropping by -22.4% against the previous year. Over the period under review, the export price saw a noticeable contraction. The most prominent rate of growth was recorded in 2014 when the export price increased by 46%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United Arab Emirates ($X per unit), while Turkey totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+0.7%).

Imports of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases

Imports in the Middle East

In 2021, overseas purchases of non-electronic instruments for measuring or checking variables of liquids or gases increased by 5.8% to X units, rising for the second year in a row after three years of decline. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 24%. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, non-electronic liquid or gas measurer imports dropped to $X in 2021. Overall, imports, however, continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2016 when imports increased by 11% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

The purchases of the three major importers of non-electronic instruments for measuring or checking variables of liquids or gases, namely Turkey, Iran and the United Arab Emirates, represented more than two-thirds of total import. Oman (X units) ranks next in terms of the total imports with an 8.1% share, followed by Kuwait (4.6%). The following importers - Bahrain (X units) and Iraq (X units) - together made up 7.2% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Iran (with a CAGR of +25.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Oman ($X) constituted the countries with the highest levels of imports in 2021, with a combined 52% share of total imports. Iran, Kuwait, Iraq and Bahrain lagged somewhat behind, together accounting for a further 19%.

Iran, with a CAGR of +10.3%, saw 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 a decline 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 -14.1% against the previous year. Over the period under review, the import price continues to indicate a pronounced descent. The pace of growth was the most pronounced in 2018 an increase of 21%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Iraq ($X per unit), while Iran ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+6.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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