Middle East: Insulated Coaxial Cable Market 2024

Insulated Coaxial Cable Market Size in the Middle East

The Middle Eastern insulated coaxial cable market expanded sharply to $X in 2023, increasing by X% against the previous year. Over the period under review, consumption showed a strong expansion. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Insulated Coaxial Cable Production in the Middle East

In value terms, insulated coaxial cable production expanded rapidly to $X in 2023 estimated in export price. In general, production, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Insulated Coaxial Cable Exports

Exports in the Middle East

In 2023, insulated coaxial cable exports in the Middle East contracted to X tons, declining by X% on 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

In value terms, insulated coaxial cable exports shrank to $X in 2023. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, Saudi Arabia (X tons) represented the key exporter of insulated coaxial cables, generating X% of total exports. The United Arab Emirates (X tons) took the second position in the ranking, distantly followed by Turkey (X tons). All these countries together held near X% share of total exports. The following exporters - Jordan (X tons) and Kuwait (X tons) - each recorded a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to insulated coaxial cable exports from Saudi Arabia stood at X%. At the same time, the United Arab Emirates (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2023. By contrast, Kuwait (X%), Turkey (X%) and Jordan (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the United Arab Emirates and Saudi Arabia increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Saudi Arabia, insulated coaxial cable exports remained relatively stable over the period from 2012-2023. In the other countries, the average annual rates were as follows: Turkey (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2023, the export price in the Middle East amounted to $X per ton, which is down by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Jordan ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

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

Insulated Coaxial Cable Imports

Imports in the Middle East

In 2023, purchases abroad of insulated coaxial cables was finally on the rise to reach X tons for the first time since 2018, thus ending a four-year declining trend. Overall, imports, however, recorded a abrupt shrinkage. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2023, imports failed to regain momentum.

In value terms, insulated coaxial cable imports surged to $X in 2023. In general, imports, however, recorded a abrupt descent. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Iraq (X tons) and the United Arab Emirates (X tons) represented the main importers of insulated coaxial cables in the Middle East, together constituting X% of total imports. Kuwait (X tons) ranks next in terms of the total imports with a X% share, followed by Saudi Arabia (X%) and Bahrain (X%). Turkey (X tons) and Israel (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Iraq (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest insulated coaxial cable importing markets in the Middle East were the United Arab Emirates ($X), Iraq ($X) and Turkey ($X), together comprising X% of total imports.

Turkey, with a CAGR of X%, 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 mixed trends in the imports figures.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2023, shrinking by X% against the previous year. In general, the import price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2022 an increase of X%. As a result, import price reached the peak level of $X per ton, and then contracted markedly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform