MENA: Non-Electric Bakery Oven Market 2024

Non-Electric Bakery Oven Market Size in MENA

The MENA's non-electric bakery oven market amounted to $X in 2023, rising by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Non-Electric Bakery Oven Production in MENA

In value terms, non-electric bakery oven production rose notably to $X in 2023 estimated in export price. Over the period under review, production showed a prominent expansion. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Non-Electric Bakery Oven Exports

Exports in MENA

In 2023, approx. X units of non-electric bakery ovens were exported in MENA; jumping by X% on 2022. Over the period under review, exports, however, continue to indicate a perceptible contraction. The growth pace was the most rapid in 2020 with an increase of X%. The volume of export peaked at X units in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

In value terms, non-electric bakery oven exports surged to $X in 2023. Total exports indicated a temperate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2019 with an increase of X%. The level of export peaked in 2023 and is expected to retain growth in the near future.

Exports by Country

Oman was the main exporting country with an export of around X units, which reached X% of total exports. Turkey (X units) ranks second in terms of the total exports with a X% share, followed by Israel (X%) and the United Arab Emirates (X%). The following exporters - Egypt (X units), Iran (X units) and Lebanon (X units) - together made up X% of total exports.

From 2012 to 2023, the biggest increases were recorded for Egypt (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) remains the largest non-electric bakery oven supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Lebanon ($X), with a X% share of total exports. It was followed by Israel, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Turkey totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Lebanon (X% per year) and Israel (X% per year).

Export Prices by Country

In 2023, the export price in MENA amounted to $X per unit, picking up by X% against the previous year. Overall, the export price recorded a prominent increase. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2023, the export prices stood at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the other leaders experienced more modest paces of growth.

Non-Electric Bakery Oven Imports

Imports in MENA

In 2023, imports of non-electric bakery ovens in MENA soared to X units, jumping by X% against 2022. Total imports indicated a temperate expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The volume of import peaked in 2023 and is likely to continue growth in years to come.

In value terms, non-electric bakery oven imports soared to $X in 2023. Over the period under review, imports, however, showed a noticeable contraction. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2023, imports failed to regain momentum.

Imports by Country

Libya dominates imports structure, recording X units, which was near X% of total imports in 2023. It was distantly followed by Iraq (X units), Algeria (X units), Turkey (X units) and Israel (X units), together mixing up a X% share of total imports. Tunisia (X units), Morocco (X units) and Egypt (X units) took a little share of total imports.

Imports into Libya increased at an average annual rate of X% from 2012 to 2023. At the same time, Iraq (X%), Israel (X%), Tunisia (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2023. By contrast, Turkey (X%), Algeria (X%) and Egypt (X%) illustrated a downward trend over the same period. While the share of Libya (X p.p.), Iraq (X p.p.) and Israel (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Turkey (X p.p.), Egypt (X p.p.) and Algeria (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X), Iraq ($X) and Egypt ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

Iraq, with a CAGR of X%, recorded 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 more modest paces of growth.

Import Prices by Country

In 2023, the import price in MENA amounted to $X per unit, shrinking by X% against the previous year. Overall, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of import peaked at $X per unit in 2016; however, from 2017 to 2023, import prices stood at a somewhat lower figure.

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 2023, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform