Middle East: Prisms And Mirrors Market 2025

Prisms And Mirrors Market Size in the Middle East

For the fourth year in a row, the Middle Eastern prisms and mirrors market recorded growth in sales value, which increased by 24% to $X in 2022. In general, consumption enjoyed a significant expansion. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Prisms And Mirrors Production in the Middle East

In value terms, prisms and mirrors production declined to $X in 2022 estimated in export price. Over the period under review, production, however, showed resilient growth. The pace of growth was the most pronounced in 2018 with an increase of 1,124% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Prisms And Mirrors Exports

Exports in the Middle East

In 2022, after three years of growth, there was significant decline in shipments abroad of prisms and mirrors, when their volume decreased by -7.8% to X tons. Over the period under review, exports showed a pronounced decrease. The most prominent rate of growth was recorded in 2014 with an increase of 55% against the previous year. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, prisms and mirrors exports reduced to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 28% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Israel was the major exporting country with an export of around X tons, which amounted to 88% of total exports. It was distantly followed by Turkey (X tons), creating an 11% share of total exports.

Exports from Israel decreased at an average annual rate of -5.0% from 2012 to 2022. At the same time, Turkey (+11.8%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +11.8% from 2012-2022. From 2012 to 2022, the share of Turkey increased by +8.8 percentage points.

In value terms, Israel ($X) remains the largest prisms and mirrors supplier in the Middle East, comprising 99% of total exports. The second position in the ranking was held by Turkey ($X), with a 0.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Israel was relatively modest.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, approximately equating the previous year. Export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, prisms and mirrors export price decreased by -9.4% against 2016 indices. The growth pace was the most rapid in 2016 when the export price increased by 58%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per ton), while Turkey totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+5.3%).

Prisms And Mirrors Imports

Imports in the Middle East

For the fourth year in a row, the Middle East recorded growth in supplies from abroad of prisms and mirrors, which increased by 31% to X tons in 2022. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of 238%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, prisms and mirrors imports skyrocketed to $X in 2022. Total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +10.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.5% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of 48% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Turkey prevails in imports structure, amounting to X tons, which was near 96% of total imports in 2022. Israel (X tons) held a relatively small share of total imports.

Turkey was also the fastest-growing in terms of the prisms and mirrors imports, with a CAGR of +42.0% from 2012 to 2022. At the same time, Israel (+10.7%) displayed positive paces of growth. While the share of Turkey (+36 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Israel (-26.7 p.p.) displayed negative dynamics.

In value terms, Israel ($X) constitutes the largest market for imported prisms and mirrors in the Middle East, comprising 66% of total imports. The second position in the ranking was held by Turkey ($X), with a 30% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Israel stood at +9.7%.

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, reducing by -12% against the previous year. Overall, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2015 an increase of 9% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per ton), while Turkey amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (-0.9%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :