Middle East: Teleferics And Chair-Lifts Market 2024

Teleferics And Chair-Lifts Market Size in the Middle East

The Middle Eastern teleferics and chair-lifts market amounted to $X.9B in 2022, with an increase of X% against the previous year. The total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X.1B in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Teleferics And Chair-Lifts Production in the Middle East

In value terms, teleferics and chair-lifts production rose slightly to $X.5B in 2022 estimated in export price. The total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. 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 peak level at $X.1B in 2020; however, from 2021 to 2022, production failed to regain momentum.

Teleferics And Chair-Lifts Exports

Exports in the Middle East

In 2022, exports of teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars in the Middle East shrank markedly to X units, which is down by X% on 2021 figures. Over the period under review, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2021, and then shrank sharply in the following year.

In value terms, teleferics and chair-lifts exports expanded to $X in 2022. In general, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey was the largest exporting country with an export of about X units, which recorded X% of total exports. It was distantly followed by the United Arab Emirates (X units) and Iran (X units), together achieving a X% share of total exports. Kuwait (X units), Israel (X units), Oman (X units) and Saudi Arabia (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Iran (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest teleferics and chair-lifts supplying countries in the Middle East were the United Arab Emirates ($X), Turkey ($X) and Saudi Arabia ($X), together accounting for X% of total exports. Iran, Kuwait, Israel and Oman lagged somewhat behind, together accounting for a further X%.

Iran, 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 2022, the export price in the Middle East amounted to $X per unit, surging by X% against the previous year. Overall, the export price, however, recorded a noticeable decrease. The growth pace was the most rapid in 2018 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, 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 Saudi Arabia ($X per unit), while Iran ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced more modest paces of growth.

Teleferics And Chair-Lifts Imports

Imports in the Middle East

In 2022, teleferics and chair-lifts imports in the Middle East soared to X units, picking up by X% compared with 2021 figures. In general, imports saw a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, teleferics and chair-lifts imports shrank slightly to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Kuwait (X units) was the major importer of teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars, constituting X% of total imports. It was distantly followed by Jordan (X units) and Bahrain (X units), together achieving a X% share of total imports. Saudi Arabia (X units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to teleferics and chair-lifts imports into Kuwait stood at X%. At the same time, Jordan (X%), Saudi Arabia (X%) and Bahrain (X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. While the share of Kuwait (X p.p.), Jordan (X p.p.), Bahrain (X p.p.) and Saudi Arabia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kuwait ($X), Jordan ($X) and Saudi Arabia ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Saudi Arabia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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 2022, the import price in the Middle East amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price continues to indicate a dramatic slump. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, 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 Saudi Arabia ($X per unit), while Bahrain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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