GCC: Insulated Coaxial Cable Market 2024

Insulated Coaxial Cable Market Size in GCC

The GCC insulated coaxial cable market fell remarkably to $X in 2023, shrinking by X% against the previous year. In general, consumption showed a abrupt decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Insulated Coaxial Cable Production in GCC

In value terms, insulated coaxial cable production plummeted to $X in 2023 estimated in export price. In general, production, however, saw modest growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2022, and then fell rapidly in the following year.

Insulated Coaxial Cable Exports

Exports in GCC

In 2023, insulated coaxial cable exports in GCC shrank to X tons, waning by X% against 2022 figures. In general, exports, however, continue to indicate noticeable growth. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The volume of export peaked 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 fell notably to $X in 2023. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when exports increased by X%. The level of export peaked at $X in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

Exports by Country

Saudi Arabia represented the major exporting country with an export of about X tons, which reached X% of total exports. It was distantly followed by the United Arab Emirates (X tons), mixing up a X% share of total exports. Kuwait (X tons) followed a long way behind the leaders.

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 GCC, with a CAGR of X% from 2012-2023. By contrast, Kuwait (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the United Arab Emirates increased by X percentage points.

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

In Saudi Arabia, insulated coaxial cable exports remained relatively stable over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Kuwait (X% per year).

Export Prices by Country

In 2023, the export price in GCC amounted to $X per ton, which is down by X% against the previous year. Overall, the export price continues to indicate a perceptible slump. The growth pace was the most rapid in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

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

Insulated Coaxial Cable Imports

Imports in GCC

In 2023, purchases abroad of insulated coaxial cables increased by X% to X tons for the first time since 2018, thus ending a four-year declining trend. Over the period under review, imports, however, continue to indicate a deep slump. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2023, imports remained at a lower figure.

In value terms, insulated coaxial cable imports soared to $X in 2023. Overall, imports, however, showed a abrupt contraction. The level of import peaked at $X in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates was the largest importing country with an import of around X tons, which resulted at X% of total imports. It was distantly followed by Kuwait (X tons), Saudi Arabia (X tons) and Bahrain (X tons), together comprising a X% share of total imports. Qatar (X tons) followed a long way behind the leaders.

Imports into the United Arab Emirates decreased at an average annual rate of X% from 2012 to 2023. At the same time, Kuwait (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2023. Bahrain experienced a relatively flat trend pattern. By contrast, Saudi Arabia (X%) and Qatar (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.), Kuwait (X p.p.) and Bahrain (X p.p.) significantly strengthened its position in terms of the total imports, while Saudi Arabia and Qatar saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported insulated coaxial cables in GCC, comprising X% of total imports. The second position in the ranking was held by Kuwait ($X), with a X% share of total imports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2023, the average annual growth rate of value in the United Arab Emirates totaled X%. In the other countries, the average annual rates were as follows: Kuwait (X% per year) and Saudi Arabia (X% per year).

Import Prices by Country

The import price in GCC stood at $X per ton in 2023, which is down by X% against the previous year. In general, the import price continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2022 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted rapidly in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Qatar (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform