GCC: Market for Electric Table, Desk, Bedside Or Floor Standing Lamp 2024

Market Size for Electric Table, Desk, Bedside Or Floor Standing Lamp in GCC

In 2022, the GCC market for electric table, desk, bedside or floor standing lamp decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, enjoyed a buoyant increase. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Electric Table, Desk, Bedside Or Floor Standing Lamp in GCC

In value terms, table, bedside and floor lamp production surged to $X in 2022 estimated in export price. Over the period under review, production saw a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X,700%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Exports of Electric Table, Desk, Bedside Or Floor Standing Lamp

Exports by Country

In 2022, the United Arab Emirates (X tons) was the main exporter of electric table, desk, bedside or floor standing lamp, creating X% of total exports. Saudi Arabia (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Oman (X%). Kuwait (X kg) followed a long way behind the leaders.

The United Arab Emirates experienced a relatively flat trend pattern with regard to volume of exports of electric table, desk, bedside or floor standing lamp. At the same time, Saudi Arabia (X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2020-2022. Oman experienced a relatively flat trend pattern. By contrast, Kuwait (X%) illustrated a downward trend over the same period. Saudi Arabia (X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by X% from 2020 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest table, bedside and floor lamp supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with an X% share of total exports. It was followed by Oman, with a X% share.

From 2020 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Oman (X% per year).

Export Prices by Country

In 2022, the export price in GCC amounted to $X per ton, remaining stable against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, leveling off in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Saudi Arabia ($X per ton) and the United Arab Emirates ($X per ton), while Kuwait ($X per ton) and Oman ($X per ton) were amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the other leaders experienced more modest paces of growth.

Imports of Electric Table, Desk, Bedside Or Floor Standing Lamp

Imports in GCC

After two years of growth, purchases abroad of electric table, desk, bedside or floor standing lamp decreased by X% to X tons in 2022. Overall, imports, however, saw a prominent expansion. The pace of growth was the most pronounced in 2014 when imports increased by X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, table, bedside and floor lamp imports shrank to $X in 2022. Over the period under review, imports, however, continue to indicate a measured increase. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X tons) was the key importer of electric table, desk, bedside or floor standing lamp, generating X% of total imports. Qatar (X tons) ranks second in terms of the total imports with a X% share, followed by Kuwait (X%) and Oman (X%). Bahrain (X tons) held a relatively small share of total imports.

The United Arab Emirates was also the fastest-growing in terms of the electric table, desk, bedside or floor standing lamp imports, with a CAGR of X% from 2012 to 2022. At the same time, Oman (X%), Kuwait (X%), Bahrain (X%) and Qatar (X%) displayed positive paces of growth. While the share of the United Arab Emirates (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Bahrain (X p.p.) and Qatar (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported electric table, desk, bedside or floor standing lamp in GCC, comprising X% of total imports. The second position in the ranking was taken by Qatar ($X), with an X% share of total imports. It was followed by Kuwait, with a X% share.

In the United Arab Emirates, table, bedside and floor lamp imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Qatar (X% per year) and Kuwait (X% per year).

Import Prices by Country

The import price in GCC stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the import price faced a drastic downturn. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Qatar ($X per ton) and the United Arab Emirates ($X per ton), while Bahrain ($X per ton) and Oman ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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