Middle East: Portable Electric Lamp Market 2024

Portable Electric Lamp Market Size in the Middle East

The Middle Eastern portable electric lamp market expanded rapidly to $X in 2023, picking up by X% against the previous year. Over the period under review, consumption saw a noticeable reduction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Portable Electric Lamp Production in the Middle East

In value terms, portable electric lamp production amounted to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2023, production growth remained at a lower figure.

Portable Electric Lamp Exports

Exports in the Middle East

In 2023, shipments abroad of portable electric lamps increased by X% to X units, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the exports reached the peak of X units. From 2014 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, portable electric lamp exports surged to $X in 2023. Total exports indicated a notable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are likely to see gradual growth in years to come.

Exports by Country

The shipments of the three major exporters of portable electric lamps, namely Israel, Turkey and the United Arab Emirates, represented more than two-thirds of total export. It was distantly followed by Oman (X units), making up a X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Oman (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest portable electric lamp supplying countries in the Middle East were Israel ($X), Turkey ($X) and the United Arab Emirates ($X), together comprising X% of total exports. Oman lagged somewhat behind, accounting for a further X%.

Among the main exporting countries, Oman, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in the Middle East amounted to $X per unit, reducing by X% against the previous year. Export price indicated perceptible growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, portable electric lamp export price increased by X% against 2017 indices. The pace of growth was the most pronounced in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2022, and then reduced slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while Oman ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced a decline in the export price figures.

Portable Electric Lamp Imports

Imports in the Middle East

In 2023, after two years of growth, there was significant decline in purchases abroad of portable electric lamps, when their volume decreased by X% to X units. In general, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, portable electric lamp imports expanded sharply to $X in 2023. Overall, imports recorded a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, the United Arab Emirates (X units) was the major importer of portable electric lamps, mixing up X% of total imports. Oman (X units) held the second position in the ranking, followed by Yemen (X units), Iraq (X units), Turkey (X units), Iran (X units) and Israel (X units). All these countries together held approx. X% share of total imports.

Imports into the United Arab Emirates decreased at an average annual rate of X% from 2012 to 2023. At the same time, Oman (X%), Yemen (X%) and Israel (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2023. Iraq experienced a relatively flat trend pattern. By contrast, Turkey (X%) and Iran (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Oman, Yemen, Iraq, Israel and Turkey increased by X, X, X, X and X percentage points, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported portable electric lamps in the Middle East, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by Iraq, with a X% share.

From 2012 to 2023, the average annual growth rate of value in the United Arab Emirates totaled X%. In the other countries, the average annual rates were as follows: Turkey (X% per year) and Iraq (X% per year).

Import Prices by Country

In 2023, the import price in the Middle East amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2023, 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 ($X per unit), while Oman ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Israel (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform