Middle East: Vehicle Speedometer Market 2020

Vehicle Speedometer Market Size in Middle East

The revenue of the vehicle speedometer market in Middle East amounted to $X in 2017, picking up by X% against the previous year. The vehicle speedometer consumption continues to indicate a remarkable growth. The growth pace was the most rapid in 2011, when market value increased by X% y-o-y. Over the period under review, the vehicle speedometer market reached its peak figure level in 2017, and is likely to see steady growth in the near future.

Vehicle Speedometer Production in Middle East

In 2017, the amount of vehicle speed indicators produced in Middle East amounted to X units, remaining constant against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015, with an increase of X% against the previous year. The volume of vehicle speedometer production peaked in 2017, and is expected to retain its growth in the immediate term.

Vehicle Speedometer Exports in Middle East

In 2017, exports of vehicle speed indicators in Middle East totaled X units, dropping by -X% against the previous year. The vehicle speedometer exports continue to indicate a deep deduction. The pace of growth was the most pronounced in 2012, with an increase of X% y-o-y. The volume of exports peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, vehicle speedometer exports totaled $X in 2017. The vehicle speedometer exports continue to indicate a slight slump. The level of exports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Vehicle Speedometer Exports by Country in Middle East

Turkey was the main exporting country with an export of around X units, which reached X% of total exports. It was distantly followed by the United Arab Emirates (X units), generating X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to vehicle speedometer exports from Turkey stood at -X%. At the same time, the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. Turkey (X%) significantly strengthened its position in terms of the global exports, while the United Arab Emirates saw its share reduced by -X% from 2007 to 2017, respectively.

In value terms, the United Arab Emirates ($X) remains the largest vehicle speedometer supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of global exports.

In the United Arab Emirates, vehicle speedometer exports expanded at an average annual rate of +X% over the period from 2007-2017.

Vehicle Speedometer Export Prices by Country in Middle East

In 2017, the vehicle speedometer export price in Middle East amounted to $X per unit, jumping by X% against the previous year. The vehicle speedometer export price continues to indicate a prominent growth. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. Over the period under review, the export prices for vehicle speed indicators attained its peak figure level in 2017, and is expected to retain its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was the United Arab Emirates ($X per unit), while Turkey ($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 the United Arab Emirates (+X% per year).

Vehicle Speedometer Imports in Middle East

The imports amounted to X units in 2017, falling by -X% against the previous year. The vehicle speedometer imports continue to indicate a mild setback. The most prominent rate of growth was recorded in 2009, with an increase of X% year-to-year. In that year, the vehicle speedometer imports attained their peak volume of X units. From 2010 to 2017, growth of the vehicle speedometer imports failed to regain its momentum.

In value terms, vehicle speedometer imports amounted to $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. The level of imports peaked in 2017, and are expected to retain its growth in the near future.

Vehicle Speedometer Imports by Country in Middle East

Turkey was the key importing country with an import of about X units, which recorded X% of total imports. Iran (X units) occupied a X% share (based on tons) of total imports, which put it in second place, followed by the United Arab Emirates (X%). Jordan (X units) held the minor share of total imports.

From 2007 to 2017, average annual rates of growth with regard to vehicle speedometer imports into Turkey stood at +X%. At the same time, Jordan (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. By contrast, Iran (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Iran increased by X% percentage points, while Jordan (-X%) and Turkey (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported vehicle speed indicators in Middle East, making up X% of global imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global imports. It was followed by Iran, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Turkey amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and Iran (-X% per year).

Vehicle Speedometer Import Prices by Country in Middle East

The vehicle speedometer import price in Middle East stood at $X per unit in 2017, rising by X% against the previous year. The import price indicated a prominent increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vehicle speedometer import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010, an increase of X% y-o-y. The level of import price peaked in 2017, and is likely to continue its growth in the near future.

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