MENA: Water-Skis And Surfboards Market 2024

Water-Skis And Surfboards Market Size in MENA

The MENA's water-skis and surfboards market rose significantly to $X in 2022, with an increase of X% against the previous year. The total consumption indicated perceptible growth 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 increased by X% against 2013 indices. The level of consumption peaked in 2022 and is likely to see steady growth in the near future.

Water-Skis And Surfboards Production in MENA

In value terms, water-skis and surfboards production expanded slightly to $X in 2022 estimated in export price. The total production indicated temperate growth 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 growth pace was the most rapid in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Water-Skis And Surfboards Exports

Exports in MENA

In 2022, overseas shipments of water-skis, surfboards and sailboards increased by X% to X units, rising for the second consecutive year after two years of decline. Total exports indicated a resilient increase from 2012 to 2022: its volume 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, water-skis and surfboards exports reduced to $X in 2022. Total exports indicated a measured increase 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates represented the main exporting country with an export of about X units, which reached X% of total exports. It was distantly followed by Turkey (X units), generating a X% share of total exports. Tunisia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to water-skis and surfboards exports from the United Arab Emirates stood at X%. At the same time, Tunisia (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. While the share of Tunisia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Turkey (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 ($X) remains the largest water-skis and surfboards supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports.

In the United Arab Emirates, water-skis and surfboards exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Turkey (X% per year) and Tunisia (X% per year).

Export Prices by Country

The export price in MENA stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the export price showed a mild slump. The pace of growth appeared the most rapid in 2021 an increase of X%. As a result, the export price attained the peak level of $X per unit, and then reduced rapidly in the following year.

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

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

Water-Skis And Surfboards Imports

Imports in MENA

In 2022, supplies from abroad of water-skis, surfboards and sailboards increased by X% to X units, rising for the second consecutive year after two years of decline. Total imports indicated a buoyant expansion from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, water-skis and surfboards imports fell to $X in 2022. Total imports indicated a remarkable increase 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, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then dropped modestly in the following year.

Imports by Country

The countries with the highest levels of water-skis and surfboards imports in 2022 were the United Arab Emirates (X units), Turkey (X units), Kuwait (X units) and Israel (X units), together accounting for X% of total import. It was distantly followed by Algeria (X units), creating a X% share of total imports. The following importers - Tunisia (X units) and Morocco (X units) - each accounted for a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Israel ($X), the United Arab Emirates ($X) and Turkey ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Among the main importing countries, Israel, with a CAGR of X%, saw the highest rates of growth with regard to 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 2022, shrinking by X% against the previous year. Overall, the import price continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Israel ($X per unit), while Tunisia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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