MENA: Water Filter Market 2024

Water Filter Market Size in MENA

The MENA's water filter market surged to $X in 2023, picking up by X% against the previous year. Over the period under review, consumption recorded a resilient expansion. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Water Filter Production in MENA

In value terms, water filter production rose remarkably to $X in 2023 estimated in export price. Overall, production continues to indicate resilient growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.

Water Filter Exports

Exports in MENA

Water filter exports reduced to X units in 2023, with a decrease of X% compared with the previous year's figure. In general, exports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The volume of export peaked at X units in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.

In value terms, water filter exports declined significantly to $X in 2023. Overall, exports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then reduced sharply in the following year.

Exports by Country

Saudi Arabia represented the major exporter of machinery for filtering or purifying water in MENA, with the volume of exports amounting to X units, which was near X% of total exports in 2023. Israel (X units) held the second position in the ranking, followed by Turkey (X units) and the United Arab Emirates (X units). All these countries together took near X% share of total exports. Morocco (X units) and Iran (X units) held a minor share of total exports.

Saudi Arabia was also the fastest-growing in terms of the machinery for filtering or purifying water exports, with a CAGR of X% from 2012 to 2023. At the same time, Turkey (X%), Iran (X%), the United Arab Emirates (X%), Israel (X%) and Morocco (X%) displayed positive paces of growth. While the share of Saudi Arabia (X p.p.), Turkey (X p.p.) and Iran (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of the United Arab Emirates (X p.p.), Morocco (X p.p.) and Israel (X p.p.) displayed negative dynamics.

In value terms, the largest water filter supplying countries in MENA were Israel ($X), Turkey ($X) and the United Arab Emirates ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Turkey, with a CAGR of X%, recorded the highest growth rate of the value of exports, 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 MENA amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the export price recorded a deep contraction. 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 unit in 2017; however, from 2018 to 2023, the export prices failed to regain momentum.

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 Israel ($X per unit), while Saudi Arabia ($X per unit) was amongst the lowest.

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

Water Filter Imports

Imports in MENA

In 2023, the amount of machinery for filtering or purifying water imported in MENA totaled X units, growing by X% compared with the year before. Total imports indicated perceptible growth from 2012 to 2023: its volume 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, imports increased by X% against 2021 indices. The growth pace was the most rapid in 2022 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2023 and are likely to see steady growth in years to come.

In value terms, water filter imports soared to $X in 2023. The total import 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 throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Morocco (X units), Iran (X units) and the United Arab Emirates (X units) represented roughly X% of total imports in 2023. Turkey (X units) ranks next in terms of the total imports with a X% share, followed by Iraq (X%). The following importers - Kuwait (X units) and Oman (X units) - together made up X% of total imports.

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

In value terms, Morocco ($X), Turkey ($X) and the United Arab Emirates ($X) constituted the countries with the highest levels of imports in 2023, together accounting for X% of total imports.

Among the main importing countries, Morocco, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per unit in 2023, with an increase of X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2021; however, from 2022 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 Turkey ($X per unit), while Iran ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform