Middle East: Fluorescent Discharge Lamps Market 2024

Fluorescent Discharge Lamps Market Size in the Middle East

In 2021, the Middle Eastern fluorescent discharge lamps market decreased by -7% to $X, falling for the eighth consecutive year after two years of growth. Overall, consumption faced a abrupt shrinkage. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Fluorescent Discharge Lamps Production in the Middle East

In value terms, fluorescent discharge lamps production surged to $X in 2021 estimated in export price. The total production indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -15.1% against 2018 indices. The pace of growth was the most pronounced in 2017 with an increase of 83% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Fluorescent Discharge Lamps Exports

Exports in the Middle East

In 2021, after five years of decline, there was significant growth in shipments abroad of fluorescent discharge lamps, when their volume increased by 59% to X units. In general, exports, however, continue to indicate a abrupt downturn. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, fluorescent discharge lamps exports skyrocketed to $X in 2021. Over the period under review, exports, however, faced a deep reduction. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Turkey dominates exports structure, accounting for X units, which was approx. 85% of total exports in 2021. It was distantly followed by the United Arab Emirates (X units), comprising a 6.4% share of total exports. Jordan (X units) and Saudi Arabia (X units) followed a long way behind the leaders.

Exports from Turkey increased at an average annual rate of +2.6% from 2012 to 2021. At the same time, Jordan (+19.9%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +19.9% from 2012-2021. By contrast, Saudi Arabia (-20.4%) and the United Arab Emirates (-25.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Turkey and Jordan increased by +49 and +3.7 percentage points, respectively.

In value terms, Turkey ($X) remains the largest fluorescent discharge lamps supplier in the Middle East, comprising 78% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 13% share of total exports. It was followed by Saudi Arabia, with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Turkey stood at -1.8%. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (-27.5% per year) and Saudi Arabia (-17.9% per year).

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per unit, remaining relatively unchanged against the previous year. Over the period under review, the export price saw a deep slump. The pace of growth appeared the most rapid in 2017 an increase of 13%. Over the period under review, the export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United Arab Emirates ($X per unit), while Jordan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+3.1%), while the other leaders experienced a decline in the export price figures.

Fluorescent Discharge Lamps Imports

Imports in the Middle East

In 2021, purchases abroad of fluorescent discharge lamps decreased by -9% to X units, falling for the eighth year in a row after two years of growth. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2013 when imports increased by 6.8%. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, fluorescent discharge lamps imports fell rapidly to $X in 2021. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 with an increase of 11% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Turkey was the largest importer of fluorescent discharge lamps in the Middle East, with the volume of imports finishing at X units, which was approx. 39% of total imports in 2021. It was distantly followed by the United Arab Emirates (X units), Kuwait (X units), Iran (X units) and Iraq (X units), together achieving a 51% share of total imports. Qatar (X units) and Israel (X units) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Qatar (with a CAGR of +5.4%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Iraq ($X) constituted the countries with the highest levels of imports in 2021, with a combined 64% share of total imports. Kuwait, Israel, Iran and Qatar lagged somewhat behind, together comprising a further 23%.

Kuwait, with a CAGR of -11.0%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per unit, shrinking by -19% against the previous year. Over the period under review, the import price recorded a noticeable contraction. The growth pace was the most rapid in 2013 when the import price increased by 3.5% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Israel ($X per unit), while Iran ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iraq (-2.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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