Middle East: Civil Reaction Engine Market 2024

Civil Reaction Engine Market Size in the Middle East

The Middle Eastern civil reaction engine market soared to $X in 2023, picking up by X% against the previous year. In general, consumption recorded a notable expansion. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Civil Reaction Engine Production in the Middle East

In value terms, civil reaction engine production amounted to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2023, production growth remained at a somewhat lower figure.

Civil Reaction Engine Exports

Exports in the Middle East

In 2023, approx. X units of civil reaction engines were exported in the Middle East; surging by X% on 2022. In general, exports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2020; however, from 2021 to 2023, the exports remained at a lower figure.

In value terms, civil reaction engine exports surged to $X in 2023. Over the period under review, exports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Turkey was the largest exporting country with an export of around X units, which amounted to X% of total exports. Israel (X units) ranks second in terms of the total exports with a X% share, followed by the United Arab Emirates (X%). The following exporters - Oman (X units) and Iran (X units) - each recorded a X% share of total exports.

Turkey was also the fastest-growing in terms of the civil reaction engines exports, with a CAGR of X% from 2012 to 2023. At the same time, Oman (X%), Israel (X%), Iran (X%) and the United Arab Emirates (X%) displayed positive paces of growth. While the share of Turkey (X p.p.), Israel (X p.p.), the United Arab Emirates (X p.p.), Oman (X p.p.) and Iran (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest civil reaction engine supplying countries in the Middle East were Turkey ($X), the United Arab Emirates ($X) and Israel ($X), with a combined X% share of total exports.

Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in the Middle East amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2022 to 2023, the export prices remained at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced mixed trends in the export price figures.

Civil Reaction Engine Imports

Imports in the Middle East

Civil reaction engine imports surged to X units in 2023, with an increase of X% on the previous year's figure. Over the period under review, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, civil reaction engine imports surged to $X in 2023. In general, imports recorded a relatively flat trend pattern. The level of import peaked at $X in 2017; however, from 2018 to 2023, imports remained at a lower figure.

Imports by Country

The United Arab Emirates represented the major importer of civil reaction engines in the Middle East, with the volume of imports finishing at X units, which was approx. X% of total imports in 2023. Turkey (X units) ranks second in terms of the total imports with a X% share, followed by Israel (X%). Lebanon (X units) took a minor share of total imports.

From 2012 to 2023, average annual rates of growth with regard to civil reaction engine imports into the United Arab Emirates stood at X%. At the same time, Turkey (X%), Lebanon (X%) and Israel (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2023. While the share of the United Arab Emirates (X p.p.) and Turkey (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Israel (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported civil reaction engines in the Middle East, comprising X% of total imports. The second position in the ranking was held by Israel ($X), with an X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in the United Arab Emirates stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Israel (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2023, the import price in the Middle East amounted to $X per unit, with an increase of X% against the previous year. In general, the import price, however, faced a abrupt decrease. The growth pace was the most rapid in 2015 an increase of X%. The level of import peaked at $X per unit in 2016; however, from 2017 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per unit), while Lebanon ($X per unit) 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 a decline in the import price figures.

Source: IndexBox Platform