MENA: Domestic Toaster Market 2024

Domestic Toaster Market Size in MENA

The MENA's domestic toaster market reduced to $X in 2022, declining by X% against the previous year. The total consumption indicated a remarkable increase 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 increased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Domestic Toaster Production in MENA

In value terms, domestic toaster production fell to $X in 2022 estimated in export price. Overall, production showed a resilient increase. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Domestic Toaster Exports

Exports in MENA

In 2022, exports of domestic electric toasters in MENA surged to X units, jumping by X% compared with 2021. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, domestic toaster exports surged to $X in 2022. Overall, exports recorded significant growth. 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. It was distantly followed by Turkey (X units), constituting a X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the domestic electric toasters exports, with a CAGR of X% from 2012 to 2022. At the same time, Turkey (X%) displayed positive paces of growth. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Turkey saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) emerged as the largest domestic toaster supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with an X% share of total exports.

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

Export Prices by Country

The export price in MENA stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the export price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the United Arab Emirates stood at $X per unit.

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

Domestic Toaster Imports

Imports in MENA

In 2022, the amount of domestic electric toasters imported in MENA contracted remarkably to X units, falling by X% against the previous year. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then contracted significantly in the following year.

In value terms, domestic toaster imports contracted to $X in 2022. Total imports indicated a buoyant increase 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, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2020 when imports increased by X%. The level of import peaked at $X in 2021, and then fell in the following year.

Imports by Country

The United Arab Emirates represented the largest importer of domestic electric toasters in MENA, with the volume of imports resulting at X units, which was near X% of total imports in 2022. Iraq (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Libya (X%), Turkey (X%), Israel (X%) and Algeria (X%). Kuwait (X units) followed a long way behind the leaders.

Imports into the United Arab Emirates decreased at an average annual rate of X% from 2012 to 2022. At the same time, Iraq (X%), Libya (X%), Algeria (X%), Israel (X%) and Kuwait (X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, Turkey (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Iraq, Libya, Kuwait, Algeria and Israel increased by X, X, X, X and X percentage points, respectively.

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

In the United Arab Emirates, domestic toaster 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: Iraq (X% per year) and Turkey (X% per year).

Import Prices by Country

The import price in MENA stood at $X per unit in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2015 when the import price increased by X%. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per unit), while Libya ($X per unit) 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 more modest paces of growth.

Source: IndexBox Platform

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