Middle East: Domestic Cooking Plate Market 2020

Domestic Cooking Plate Market Size in Middle East

The revenue of the domestic cooking plate market in Middle East amounted to $X in 2017, lowering by -X% against the previous year. The domestic cooking plate consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014, when it surged by X% against the previous year. The level of domestic cooking plate consumption peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Domestic Cooking Plate Production in Middle East

In 2017, the amount of domestic electric cooking plates, boiling rings and hobs produced in Middle East totaled X units, stabilizing at the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2012, when the output figure increased by X% y-o-y. Over the period under review, the domestic cooking plate production reached its maximum volume in 2017, and is expected to retain its growth in the immediate term.

Domestic Cooking Plate Exports in Middle East

The exports amounted to X units in 2017, coming up by X% against the previous year. The total exports indicated a strong expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2008, when exports increased by X% year-to-year. The volume of exports peaked of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, domestic cooking plate exports amounted to $X in 2017. The total exports indicated a strong growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the domestic cooking plate exports reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Domestic Cooking Plate Exports by Country in Middle East

Turkey prevails in domestic cooking plate exports structure, finishing at X units, which was approx. X% of total exports in 2017. The United Arab Emirates (X units) occupied the minor share of total exports.

Turkey was also the fastest growing in terms of the domestic electric cooking plates, boiling rings and hobs exports, with a CAGR of +X% from 2007 to 2017. At the same time, the United Arab Emirates (+X%) displayed positive paces of growth. Turkey (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest domestic cooking plate supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in Turkey amounted to +X%.

Domestic Cooking Plate Export Prices by Country in Middle East

In 2017, the domestic cooking plate export price in Middle East amounted to $X per unit, leveling off at the previous year. The domestic cooking plate export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. In that year, the export prices for domestic electric cooking plates, boiling rings and hobs attained their peak level of $X per unit. From 2009 to 2017, growth of the export prices for domestic electric cooking plates, boiling rings and hobs stood at a somewhat lower level.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in the United Arab Emirates ($X per unit) and Turkey ($X per unit), while Turkey ($X per unit) and the United Arab Emirates ($X per unit) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year).

Domestic Cooking Plate Imports in Middle East

In 2017, domestic cooking plate imports in Middle East totaled X units, flattening at the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2010, when imports increased by X% against the previous year. Over the period under review, the domestic cooking plate imports attained its maximum volume of X units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, domestic cooking plate imports stood at $X in 2017. The total imports indicated a moderate expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the domestic cooking plate imports decreased by -X% against 2014 indices. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Domestic Cooking Plate Imports by Country in Middle East

In 2017, Turkey (X units) represented the major importer for domestic electric cooking plates, boiling rings and hobs, constituting X% of total imports. It was distantly followed by Israel (X units), Saudi Arabia (X units), Iran (X units), Iraq (X units), the United Arab Emirates (X units) and Kuwait (X units), together comprising X% share of total imports.

Imports into Turkey increased at an average annual rate of +X% from 2007 to 2017. At the same time, Iraq (+X%), Saudi Arabia (+X%), Kuwait (+X%) and Israel (+X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. By contrast, the United Arab Emirates (-X%) and Iran (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Iran increased by X% percentage points, while Kuwait (-X%), Israel (-X%), Iraq (-X%), Saudi Arabia (-X%) and Turkey (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X), Turkey ($X) and Israel ($X) constituted the countries with the highest levels of imports in 2017, together comprising X% of total imports. The United Arab Emirates, Iran, Iraq and Kuwait lagged somewhat behind, together accounting for a further X%.

Iraq (+X% per year) experienced the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Domestic Cooking Plate Import Prices by Country in Middle East

The domestic cooking plate import price in Middle East stood at $X per unit in 2017, reducing by -X% against the previous year. The domestic cooking plate import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014, when the import prices increased by X% year-to-year. In that year, the import prices for domestic electric cooking plates, boiling rings and hobs reached their peak level of $X per unit. From 2015 to 2017, growth of the import prices for domestic electric cooking plates, boiling rings and hobs failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was the United Arab Emirates ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Israel (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform