GCC: Insulated Coaxial Cable Market 2024

Insulated Coaxial Cable Market Size in GCC

The GCC insulated coaxial cable market surged to $X in 2022, rising by X% against the previous year. In general, consumption recorded a measured expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Insulated Coaxial Cable Production in GCC

In value terms, insulated coaxial cable production dropped slightly to $X in 2022 estimated in export price. Overall, production posted perceptible growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Insulated Coaxial Cable Exports

Exports in GCC

In 2022, after three years of decline, there was significant growth in overseas shipments of insulated coaxial cables, when their volume increased by X% to X tons. In general, exports saw a buoyant increase. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, insulated coaxial cable exports surged to $X in 2022. Total exports indicated moderate growth from 2012 to 2022: its value 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. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia was the largest exporting country with an export of around X tons, which amounted to X% of total exports. It was distantly followed by the United Arab Emirates (X tons), committing a X% share of total exports.

Exports from Saudi Arabia increased at an average annual rate of X% from 2012 to 2022. 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 exported in GCC, with a CAGR of X% from 2012-2022. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Saudi Arabia ($X) remains the largest insulated coaxial cable supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Saudi Arabia totaled X%.

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, approximately mirroring the previous year. In general, the export price, however, saw a slight contraction. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%).

Insulated Coaxial Cable Imports

Imports in GCC

In 2022, overseas purchases of insulated coaxial cables were finally on the rise to reach X tons for the first time since 2016, thus ending a five-year declining trend. Total imports indicated strong growth from 2012 to 2022: its volume 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. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, insulated coaxial cable imports skyrocketed to $X in 2022. In general, imports recorded a relatively flat trend pattern. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Kuwait was the largest importing country with an import of around X tons, which reached X% of total imports. It was distantly followed by the United Arab Emirates (X tons), creating a X% share of total imports. Bahrain (X tons) followed a long way behind the leaders.

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

In value terms, Kuwait ($X), the United Arab Emirates ($X) and Bahrain ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Kuwait, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in GCC amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price saw a noticeable decrease. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of import peaked 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, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Kuwait ($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 (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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