GCC: Fixed Carbon Resistor Market 2024

Fixed Carbon Resistor Market Size in GCC

The GCC fixed carbon resistor market reduced to $X in 2022, waning by X% against the previous year. Overall, consumption recorded a abrupt setback. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Fixed Carbon Resistor Production in GCC

In value terms, fixed carbon resistor production declined to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Fixed Carbon Resistor Exports

Exports in GCC

In 2022, shipments abroad of fixed carbon resistors, composition or film types and electrical variable resistors decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The volume of export peaked at X units in 2021, and then shrank notably in the following year.

In value terms, fixed carbon resistor exports reduced notably to $X in 2022. Over the period under review, exports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2021, and then dropped rapidly in the following year.

Exports by Country

In 2022, the United Arab Emirates (X units) was the main exporter of fixed carbon resistors, composition or film types and electrical variable resistors in GCC, creating X% of total export.

The United Arab Emirates was also the fastest-growing in terms of the fixed carbon resistors, composition or film types and electrical variable resistors exports, with a CAGR of X% from 2012 to 2022. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) also remains the largest fixed carbon resistor supplier in GCC.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates totaled X%.

Export Prices by Country

The export price in GCC stood at $X per unit in 2022, reducing by X% against the previous year. Export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fixed carbon resistor export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2019 an increase of X%. The level of export peaked at $X per unit in 2021, and then reduced rapidly in the following year.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Fixed Carbon Resistor Imports

Imports in GCC

In 2022, approx. X units of fixed carbon resistors, composition or film types and electrical variable resistors were imported in GCC; increasing by X% against 2021. Over the period under review, imports continue to indicate mild growth. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, fixed carbon resistor imports dropped notably to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The level of import peaked at $X in 2021, and then dropped significantly in the following year.

Imports by Country

Oman (X units) and the United Arab Emirates (X units) dominates imports structure, together comprising X% of total imports. It was distantly followed by Kuwait (X units), mixing up a X% share of total imports. Bahrain (X units) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported fixed carbon resistors, composition or film types and electrical variable resistors in GCC, comprising X% of total imports. The second position in the ranking was held by Kuwait ($X), with a X% share of total imports. It was followed by Oman, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Kuwait (X% per year) and Oman (X% per year).

Import Prices by Country

The import price in GCC stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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