Middle East: Semiconductor Led Market 2025

Semiconductor Led Market Size in the Middle East

The Middle Eastern semiconductor LED market surged to $X in 2021, jumping by 36% against the previous year. Over the period under review, consumption continues to indicate significant growth. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in the immediate term.

Semiconductor Led Production in the Middle East

In value terms, semiconductor LED production contracted to $X in 2021 estimated in export price. The total production indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -2.0% against 2016 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 35% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then contracted in the following year.

Semiconductor Led Exports

Exports in the Middle East

After three years of growth, shipments abroad of semiconductor light emitting diodes (LEDs) decreased by -3.9% to X units in 2021. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 204% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2020, and then shrank slightly in the following year.

In value terms, semiconductor LED exports fell to $X in 2021. Over the period under review, exports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2018 when exports increased by 121% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Oman (X units) and Turkey (X units) dominates exports structure, together constituting 89% of total exports. It was distantly followed by the United Arab Emirates (X units), making up a 5.9% share of total exports. Jordan (X units) took a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Oman (with a CAGR of +99.6%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) remains the largest semiconductor LED supplier in the Middle East, comprising 70% of total exports. The second position in the ranking was taken by Oman ($X), with an 11% share of total exports. It was followed by the United Arab Emirates, with a 7.9% share.

In Turkey, semiconductor LED exports increased at an average annual rate of +43.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Oman (+48.4% per year) and the United Arab Emirates (-5.7% per year).

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per unit, dropping by -10.6% against the previous year. Overall, the export price showed a abrupt setback. The pace of growth appeared the most rapid in 2014 an increase of 58%. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Jordan ($X per unit), while Oman ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Jordan (-4.3%), while the other leaders experienced a decline in the export price figures.

Semiconductor Led Imports

Imports in the Middle East

In 2021, approx. X units of semiconductor light emitting diodes (LEDs) were imported in the Middle East; rising by 39% compared with the previous year's figure. In general, imports posted a significant increase. The growth pace was the most rapid in 2015 with an increase of 147% against the previous year. The volume of import peaked in 2021 and is likely to see steady growth in the near future.

In value terms, semiconductor LED imports soared to $X in 2021. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 175%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Israel (X units) and the United Arab Emirates (X units) represented the main importers of semiconductor light emitting diodes (LEDs) in the Middle East, together making up 50% of total imports. It was distantly followed by Jordan (X units), Turkey (X units), Yemen (X units), Oman (X units) and Qatar (X units), together generating a 43% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Yemen (with a CAGR of +80.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Israel ($X) and the United Arab Emirates ($X) were the countries with the highest levels of imports in 2021, with a combined 70% share of total imports. Qatar, Jordan, Oman and Yemen lagged somewhat behind, together accounting for a further 21%.

Qatar, with a CAGR of +59.3%, saw the highest rates of growth with regard to the value of imports, among the main importing countries 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 2021, growing by 9.6% against the previous year. In general, the import price, however, recorded a deep setback. The pace of growth appeared the most rapid in 2016 when the import price increased by 35%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per unit), while Yemen ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-5.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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