Middle East: Optical Telescope Market 2025

Optical Telescope Market Size in the Middle East

In 2021, the Middle Eastern optical telescope market increased by 20% to $X, rising for the fourth year in a row after five years of decline. Overall, consumption, however, saw a abrupt descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Optical Telescope Production in the Middle East

In value terms, optical telescope production declined to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2019 when the production volume increased by 14% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Optical Telescope Exports

Exports in the Middle East

In 2021, overseas shipments of optical telescopes decreased by -47.2% to X units, falling for the fourth consecutive year after three years of growth. Overall, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2017 with an increase of 297%. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, optical telescope exports soared to $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 287%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Israel (X units) and Saudi Arabia (X units) represented roughly 84% of total exports in 2021. It was distantly followed by the United Arab Emirates (X units), creating an 11% share of total exports. Iran (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Saudi Arabia (with a CAGR of +30.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Israel ($X) remains the largest optical telescope supplier in the Middle East, comprising 92% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 3.8% share of total exports. It was followed by Iran, with a 1.9% share.

From 2012 to 2021, the average annual growth rate of value in Israel was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (+29.9% per year) and Iran (-7.8% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2021, jumping by 500% against the previous year. Over the period under review, the export price enjoyed a significant increase. 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 2021, the country with the highest price was Israel ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+32.0%), while the other leaders experienced mixed trends in the export price figures.

Optical Telescope Imports

Imports in the Middle East

In 2021, optical telescope imports in the Middle East dropped to X units, which is down by -9.2% compared with the year before. Overall, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 108% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, optical telescope imports surged to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X units) was the major importer of optical telescopes, comprising 64% of total imports. Israel (X units) took the second position in the ranking, followed by the United Arab Emirates (X units), Iran (X units) and Bahrain (X units). All these countries together held approx. 29% share of total imports. Kuwait (X units) and Iraq (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to optical telescope imports into Turkey stood at +10.9%. At the same time, Bahrain (+29.4%) and Kuwait (+4.3%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +29.4% from 2012-2021. Iraq experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-5.3%), Iran (-17.4%) and Israel (-18.7%) illustrated a downward trend over the same period. Turkey (+48 p.p.), Bahrain (+4.2 p.p.) and Kuwait (+2.1 p.p.) significantly strengthened its position in terms of the total imports, while Iran and Israel saw its share reduced by -11.8% and -38.5% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported optical telescopes in the Middle East, comprising 80% of total imports. The second position in the ranking was taken by Israel ($X), with a 6.7% share of total imports. It was followed by the United Arab Emirates, with a 6% share.

From 2012 to 2021, the average annual growth rate of value in Turkey totaled +16.7%. The remaining importing countries recorded the following average annual rates of imports growth: Israel (-16.4% per year) and the United Arab Emirates (-7.0% per year).

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per unit, increasing by 143% against the previous year. In general, the import price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 an increase of 313% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Turkey ($X per unit), while Bahrain ($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 (+14.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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