Middle East: Atm Market 2020

Atm Market Size in Middle East

The revenue of the atm market in Middle East amounted to $X in 2017, falling by -X% against the previous year. The atm consumption continues to indicate a precipitous setback. The pace of growth was the most pronounced in 2008, when it surged by X% against the previous year. Over the period under review, the atm market reached its maximum level of $X in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Atm Production in Middle East

The atm production amounted to X units in 2017, dropping by -X% against the previous year. The atm production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when the output figure increased by X% against the previous year. The volume of atm production peaked of X units in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Atm Exports in Middle East

In 2017, atm exports in Middle East amounted to X units, picking up by X% against the previous year. The atm exports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2017, when exports increased by X% against the previous year. In that year, the atm exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, atm exports stood at $X in 2017. The atm exports continue to indicate a temperate reduction. In that year, the atm exports reached their peak level of $X. From 2009 to 2017, growth of the atm exports failed to regain its momentum.

Atm Exports by Country in Middle East

The United Arab Emirates prevails in atm exports structure, resulting at X units, which was near X% of total exports in 2017. Turkey (X units) held the mild share of total exports.

The United Arab Emirates was also the fastest growing in terms of the point-of-sale terminals and atms exports, with a CAGR of +X% from 2007 to 2017. At the same time, Turkey (+X%) displayed positive paces of growth. While the share of the United Arab Emirates (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest atm markets worldwide were the United Arab Emirates ($X) and Turkey ($X), together comprising X% of total exports.

Turkey (+X% per year) recorded the highest growth rate of exports, in terms of the main exporting countries over the last decade.

Atm Export Prices by Country in Middle East

In 2017, the atm export price in Middle East amounted to $X per unit, declining by -X% against the previous year. The atm export price continues to indicate a precipitous reduction. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. Over the period under review, the export prices for point-of-sale terminals and atms attained its maximum level of $X thousand per unit in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Turkey ($X thousand per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (-X% per year).

Atm Imports in Middle East

In 2017, the amount of point-of-sale terminals and atms imported in Middle East amounted to X units, increasing by X% against the previous year. The atm imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2015, with an increase of X% y-o-y. In that year, the atm imports reached their peak volume of X units. From 2016 to 2017, growth of the atm imports stood at a somewhat lower level.

In value terms, atm imports totaled $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. In that year, the atm imports reached their peak level of $X. From 2009 to 2017, growth of the atm imports stood at a somewhat lower level.

Atm Imports by Country in Middle East

Turkey dominates atm imports structure, accounting for X units, which was near X% of total imports in 2017. It was distantly followed by Iran (X units), creating X% share of total imports. The following importers - the United Arab Emirates (X units), Israel (X units) and Saudi Arabia (X units) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to atm imports into Turkey stood at +X%. At the same time, Iran (+X%) and Saudi Arabia (+X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. By contrast, Israel (-X%) and the United Arab Emirates (-X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X%) and Israel (X%) increased significantly in terms of the global imports from 2007-2017, the share of Saudi Arabia (-X%), Iran (-X%) and Turkey (-X%) displayed negative dynamics.

In value terms, Turkey ($X) constitutes the largest market for imported point-of-sale terminals and atms in Middle East, making up X% of global imports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of global imports. It was followed by Iran, with a X% share.

In Turkey, atm imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Saudi Arabia (+X% per year) and Iran (+X% per year).

Atm Import Prices by Country in Middle East

The atm import price in Middle East stood at $X per unit in 2017, therefore, remained relatively stable against the previous year. The atm import price continues to indicate a deep decrease. The most prominent rate of growth was recorded in 2012, when the import prices increased by X% against the previous year. Over the period under review, the import prices for point-of-sale terminals and atms attained its peak figure level of $X per unit in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Saudi Arabia ($X per unit), while Turkey ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform