GCC: Market for Ultraviolet Or Infrared Lamps And Arc Lamps 2024

Market Size for Ultraviolet Or Infrared Lamps And Arc Lamps in GCC

In 2022, the GCC market for ultraviolet or infrared lamps and arc lamps decreased by X% to $X, falling for the fourth consecutive year after three years of growth. The total consumption indicated strong 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. Based on 2022 figures, consumption decreased by X% against 2018 indices. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Ultraviolet Or Infrared Lamps And Arc Lamps in GCC

In value terms, ultraviolet, infrared, or arc lamp production expanded modestly to $X in 2022 estimated in export price. In general, production showed strong growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Ultraviolet Or Infrared Lamps And Arc Lamps

Exports in GCC

In 2022, exports of ultraviolet or infrared lamps and arc lamps in GCC surged to X units, with an increase of X% against the previous year's figure. Over the period under review, exports continue to indicate a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ultraviolet, infrared, or arc lamp exports skyrocketed to $X in 2022. In general, exports saw a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates prevails in exports structure, reaching X units, which was approx. X% of total exports in 2022. Saudi Arabia (X units) followed a long way behind the leaders.

The United Arab Emirates was also the fastest-growing in terms of the ultraviolet or infrared lamps and arc lamps exports, with a CAGR of X% from 2012 to 2022. Saudi Arabia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates increased by X percentage points.

In value terms, the United Arab Emirates ($X) remains the largest ultraviolet, infrared, or arc lamp supplier in GCC, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with an X% share of total exports.

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

Export Prices by Country

In 2022, the export price in GCC amounted to $X per unit, approximately reflecting the previous year. Over the period under review, the export price, however, recorded a mild setback. The pace of growth appeared the most rapid in 2020 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the United Arab Emirates amounted to $X per unit.

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

Imports of Ultraviolet Or Infrared Lamps And Arc Lamps

Imports in GCC

In 2022, the amount of ultraviolet or infrared lamps and arc lamps imported in GCC declined to X units, dropping by X% on the year before. Over the period under review, imports, however, recorded a slight expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, ultraviolet, infrared, or arc lamp imports rose significantly to $X in 2022. Overall, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The United Arab Emirates prevails in imports structure, amounting to X units, which was approx. X% of total imports in 2022. Qatar (X units) took the second position in the ranking, followed by Bahrain (X units) and Kuwait (X units). All these countries together held near X% share of total imports. Oman (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to ultraviolet, infrared, or arc lamp imports into the United Arab Emirates stood at X%. At the same time, Bahrain (X%) and Qatar (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. By contrast, Kuwait (X%) and Oman (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.) and Bahrain (X p.p.) significantly strengthened its position in terms of the total imports, while Oman and Kuwait saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported ultraviolet or infrared lamps and arc lamps in GCC, comprising X% of total imports. The second position in the ranking was taken by Qatar ($X), with a X% share of total imports. It was followed by Kuwait, 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: Qatar (X% per year) and Kuwait (X% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per unit, increasing by X% against the previous year. Overall, the import price recorded a prominent increase. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Oman ($X per unit), while Bahrain ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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