Middle East: Personal Weighing Machine Market 2024

Personal Weighing Machine Market Size in the Middle East

In 2022, the Middle Eastern personal weighing machine market decreased by -4.2% to $X, falling for the second year in a row after four years of growth. Overall, consumption, however, recorded a strong expansion. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Personal Weighing Machine Production in the Middle East

In value terms, personal weighing machine production declined slightly to $X in 2022 estimated in export price. In general, production enjoyed a resilient expansion. The growth pace was the most rapid in 2020 when the production volume increased by 31% against the previous year. The level of production peaked at $X in 2021, and then fell in the following year.

Personal Weighing Machine Exports

Exports in the Middle East

In 2022, the amount of personal weighing machines exported in the Middle East declined rapidly to X units, shrinking by -32.1% against the year before. Overall, exports, however, enjoyed a measured increase. The growth pace was the most rapid in 2015 with an increase of 80%. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, personal weighing machine exports dropped rapidly to $X in 2022. In general, exports saw a perceptible contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 115%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units) and Turkey (X units) dominates exports structure, together generating 92% of total exports. Bahrain (X units) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Bahrain (with a CAGR of +43.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest personal weighing machine supplying countries in the Middle East were the United Arab Emirates ($X), Turkey ($X) and Bahrain ($X), with a combined 93% share of total exports.

The United Arab Emirates, with a CAGR of +10.3%, recorded the highest growth rate of the value of exports, in terms of 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

The export price in the Middle East stood at $X per unit in 2022, remaining constant against the previous year. In general, the export price, however, showed a abrupt decline. The pace of growth was the most pronounced in 2014 an increase of 25%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Turkey ($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 (+4.8%), while the other leaders experienced a decline in the export price figures.

Personal Weighing Machine Imports

Imports in the Middle East

In 2022, overseas purchases of personal weighing machines decreased by -12.9% to X units, falling for the second consecutive year after four years of growth. Overall, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 57% against the previous year. The volume of import peaked at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, personal weighing machine imports fell sharply to $X in 2022. In general, imports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2014 when imports increased by 54%. The level of import peaked at $X in 2021, and then shrank markedly in the following year.

Imports by Country

In 2022, the United Arab Emirates (X units), distantly followed by Turkey (X units), Iraq (X units), Iran (X units) and Israel (X units) were the main importers of personal weighing machines, together comprising 90% of total imports. The following importers - Yemen (X units) and Kuwait (X units) - each finished at a 4.1% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Yemen (with a CAGR of +57.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest personal weighing machine importing markets in the Middle East were the United Arab Emirates ($X), Iraq ($X) and Turkey ($X), together accounting for 68% of total imports. Iran, Israel, Yemen and Kuwait lagged somewhat behind, together accounting for a further 24%.

In terms of the main importing countries, Yemen, with a CAGR of +46.8%, recorded the highest rates of growth with regard to 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, with a decrease of -10.3% against the previous year. Over the period under review, the import price continues to indicate a perceptible downturn. The growth pace was the most rapid in 2016 an increase of 34% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 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 Yemen ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iraq (+4.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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