MENA: Electric Lamp Market 2024

Electric Lamp Market Size in MENA

The MENA's electric lamp market was estimated at $X in 2022, approximately reflecting the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Electric Lamp Production in MENA

In value terms, electric lamp production fell to $X in 2022 estimated in export price. In general, production posted a buoyant increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Electric Lamp Exports

Exports in MENA

In 2022, exports of electric lamps in MENA soared to X units, increasing by X% against the previous year's figure. Total exports indicated slight 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. Based on 2022 figures, exports increased by X% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, electric lamp exports skyrocketed to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units) and Turkey (X units) prevails in exports structure, together comprising X% of total exports. The following exporters - Morocco (X units) and Israel (X units) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Morocco (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Israel ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Israel, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, the export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per unit), while Turkey ($X per unit) was amongst the lowest.

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

Electric Lamp Imports

Imports in MENA

In 2022, purchases abroad of electric lamps was finally on the rise to reach X units after two years of decline. Overall, imports, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, electric lamp imports declined to $X in 2022. In general, imports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X units) and Turkey (X units) represented the key importers of electric lamps in MENA, together finishing at approx. X% of total imports. Iraq (X units) ranks next in terms of the total imports with a X% share, followed by Algeria (X%), Morocco (X%), Iran (X%) and Libya (X%).

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

In value terms, Iraq ($X), Turkey ($X) and the United Arab Emirates ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, Iraq, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, 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 MENA amounted to $X per unit, dropping by X% against the previous year. In general, the import price saw a noticeable downturn. The pace of growth was the most pronounced in 2020 when the import price increased by X%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Iraq ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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