Middle East: Radio Receiver Market 2025

Radio Receiver Market Size in the Middle East

In 2022, after two years of growth, there was significant decline in the Middle Eastern radio receiver market, when its value decreased by -9.2% to $X. In general, consumption showed a abrupt setback. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Radio Receiver Production in the Middle East

In value terms, radio receiver production stood at $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of 57%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Radio Receiver Exports

Exports in the Middle East

Radio receiver exports declined notably to X units in 2022, waning by -22.1% compared with the previous year. Overall, exports showed a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 142%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, radio receiver exports fell modestly to $X in 2022. Over the period under review, exports saw a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 187%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Israel (X units) and the United Arab Emirates (X units) dominates exports structure, together committing 93% of total exports. It was distantly followed by Turkey (X units), creating a 4.9% share of total exports. Oman (X units) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of +4.0%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Israel ($X) remains the largest radio receiver supplier in the Middle East, comprising 68% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 24% share of total exports. It was followed by Turkey, with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Israel amounted to -17.1%. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (-9.6% per year) and Turkey (-0.8% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, rising by 27% against the previous year. In general, the export price recorded a resilient expansion. The pace of growth appeared the most rapid in 2016 an increase of 56%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+15.5%), while the other leaders experienced more modest paces of growth.

Radio Receiver Imports

Imports in the Middle East

In 2022, after two years of growth, there was significant decline in overseas purchases of radio receivers, when their volume decreased by -13.4% to X units. Overall, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, radio receiver imports shrank to $X in 2022. Over the period under review, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when imports increased by 19%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The United Arab Emirates represented the main importer of radio receivers in the Middle East, with the volume of imports finishing at X units, which was near 55% of total imports in 2022. Turkey (X units) held a 27% share (based on physical terms) of total imports, which put it in second place, followed by Iran (5.4%) and Iraq (4.5%). The following importers - Yemen (X units) and Israel (X units) - together made up 5% of total imports.

From 2012 to 2022, average annual rates of growth with regard to radio receiver imports into the United Arab Emirates stood at -11.5%. At the same time, Iraq (+13.8%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +13.8% from 2012-2022. By contrast, Yemen (-2.9%), Turkey (-5.2%), Iran (-8.5%) and Israel (-14.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Turkey, Iraq and Yemen increased by +10, +4.1 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest radio receiver importing markets in the Middle East were Turkey ($X), the United Arab Emirates ($X) and Iran ($X), together accounting for 83% of total imports. Iraq, Israel and Yemen lagged somewhat behind, together comprising a further 10%.

In terms of the main importing countries, Yemen, with a CAGR of +15.2%, 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 mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per unit, rising by 4.4% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2016 when the import price increased by 14%. The level of import peaked at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: 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 Yemen (+18.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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