Middle East: Market for Motor Vehicle Chassis Fitted With Engines 2025

Market Size for Motor Vehicle Chassis Fitted With Engines in the Middle East

The Middle Eastern market for motor vehicle chassis fitted with engines expanded rapidly to $X in 2022, growing by 11% against the previous year. Over the period under review, consumption, however, continues to indicate a perceptible contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Motor Vehicle Chassis Fitted With Engines in the Middle East

In value terms, production of motor vehicle chassis fitted with engines expanded sharply to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2020 when the production volume increased by 53%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Motor Vehicle Chassis Fitted With Engines

Exports in the Middle East

In 2022, the amount of motor vehicle chassis fitted with engines exported in the Middle East dropped notably to X units, waning by -21.9% compared with 2021. Overall, exports continue to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by 251% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of motor vehicle chassis fitted with engines dropped sharply to $X in 2022. In general, exports, however, showed a moderate increase. The pace of growth appeared the most rapid in 2018 when exports increased by 174% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units) and Turkey (X units) represented the largest exporters of motor vehicle chassis fitted with engines in 2022, resulting at approx. 38% and 38% of total exports, respectively. Israel (X units) held a 12% share (based on physical terms) of total exports, which put it in second place, followed by Bahrain (7.6%). Kuwait (X units) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of +41.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Israel ($X) and Turkey ($X) constituted the countries with the highest levels of exports in 2022, with a combined 87% share of total exports.

Israel, with a CAGR of +57.1%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per unit, falling by -4.8% against the previous year. Over the period under review, the export price, however, showed a prominent increase. The growth pace was the most rapid in 2016 when the export price increased by 61%. Over the period under review, the export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+11.2%), while the other leaders experienced more modest paces of growth.

Imports of Motor Vehicle Chassis Fitted With Engines

Imports in the Middle East

In 2022, the amount of motor vehicle chassis fitted with engines imported in the Middle East fell to X units, reducing by -12.7% compared with the year before. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 56%. The volume of import peaked at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of motor vehicle chassis fitted with engines surged to $X in 2022. In general, imports continue to indicate a noticeable downturn. Over the period under review, imports of hit record highs at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates represented the key importing country with an import of around X units, which reached 62% of total imports. It was distantly followed by Israel (X units), generating a 29% share of total imports. Iran (X units) and Iraq (X units) followed a long way behind the leaders.

Imports into the United Arab Emirates increased at an average annual rate of +1.6% from 2012 to 2022. At the same time, Israel (+15.2%) and Iran (+5.6%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +15.2% from 2012-2022. By contrast, Iraq (-1.5%) illustrated a downward trend over the same period. While the share of Israel (+22 p.p.) and the United Arab Emirates (+7.2 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Israel ($X) constitutes the largest market for imported motor vehicle chassis fitted with engines in the Middle East, comprising 69% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 20% share of total imports. It was followed by Iran, with a 2.3% share.

In Israel, imports of motor vehicle chassis fitted with engines increased at an average annual rate of +2.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (-7.4% per year) and Iran (+5.0% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per unit, growing by 35% against the previous year. Overall, the import price, however, saw a noticeable descent. The pace of growth was the most pronounced in 2017 an increase of 130% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Israel ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (-0.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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