Middle East: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in the Middle East

The Middle Eastern telephone apparatus market reduced to $X in 2022, declining by -5.2% against the previous year. The market value increased at an average annual rate of +5.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2021, and then dropped in the following year.

Telephone Apparatus Production in the Middle East

In value terms, telephone apparatus production contracted to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 119% against the previous year. The level of production peaked at $X in 2021, and then fell in the following year.

Telephone Apparatus Exports

Exports in the Middle East

In 2022, shipments abroad of telephone apparatus increased by 11% to X tons, rising for the third year in a row after two years of decline. Over the period under review, exports, however, continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2017 when exports increased by 25% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, telephone apparatus exports declined to $X in 2022. In general, exports, however, recorded a mild descent. The growth pace was the most rapid in 2017 when exports increased by 28% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Israel represented the largest exporter of telephone apparatus in the Middle East, with the volume of exports finishing at X tons, which was near 63% of total exports in 2022. The United Arab Emirates (X tons) ranks second in terms of the total exports with a 20% share, followed by Turkey (9.6%). The following exporters - Saudi Arabia (X tons) and Oman (X tons) - each accounted for a 5.3% share of total exports.

Exports from Israel increased at an average annual rate of +10.3% from 2012 to 2022. At the same time, Oman (+35.0%) and Turkey (+5.2%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +35.0% from 2012-2022. By contrast, Saudi Arabia (-6.7%) and the United Arab Emirates (-13.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Israel, Turkey and Oman increased by +45, +5.1 and +2.5 percentage points, respectively.

In value terms, Israel ($X) remains the largest telephone apparatus supplier in the Middle East, comprising 68% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 20% share of total exports. It was followed by Turkey, with a 5.4% share.

In Israel, telephone apparatus exports increased at an average annual rate of +2.4% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (-7.9% per year) and Turkey (+3.5% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, shrinking by -15.6% against the previous year. Export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 an increase of 40% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2021, and then contracted remarkably in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Oman ($X per ton), while Turkey ($X per ton) 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 (+6.5%), while the other leaders experienced mixed trends in the export price figures.

Telephone Apparatus Imports

Imports in the Middle East

In 2022, telephone apparatus imports in the Middle East dropped to X tons, waning by -9.8% on the previous year. Total imports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of +1.9% 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 +10.2% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of 46%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, telephone apparatus imports fell to $X in 2022. The total import value increased at an average annual rate of +5.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 38%. As a result, imports attained the peak of $X, and then shrank modestly in the following year.

Imports by Country

In 2022, the United Arab Emirates (X tons) represented the largest importer of telephone apparatus, achieving 38% of total imports. Turkey (X tons) ranks second in terms of the total imports with a 19% share, followed by Iraq (8.5%), Iran (7.5%), Israel (7.3%) and Saudi Arabia (7.2%). Oman (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of +8.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported telephone apparatus in the Middle East, comprising 42% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with a 15% share of total imports. It was followed by Turkey, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates amounted to +6.4%. In the other countries, the average annual rates were as follows: Saudi Arabia (+0.6% per year) and Turkey (+5.9% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, increasing by 8.5% against the previous year. Import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, telephone apparatus import price increased by +63.2% against 2018 indices. The most prominent rate of growth was recorded in 2020 an increase of 22% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+12.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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