Middle East: Artificial Flowers Market 2020

Artificial Flowers Market Size in Middle East

The revenue of the artificial flowers market in Middle East amounted to $X in 2017, shrinking by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The artificial flowers consumption continues to indicate a drastic slump. The pace of growth appeared the most rapid in 2011, when it surged by X% against the previous year. The level of artificial flowers consumption peaked of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Artificial Flowers Exports in Middle East

The exports totaled X units in 2017, coming up by X% against the previous year. The artificial flowers exports continue to indicate a strong increase. The growth pace was the most rapid in 2016, with an increase of X% against the previous year. Over the period under review, the artificial flowers exports attained its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, artificial flowers exports totaled $X in 2017. The artificial flowers exports continue to indicate a moderate deduction. Over the period under review, the artificial flowers exports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Artificial Flowers Exports by Country in Middle East

The United Arab Emirates dominates artificial flowers exports structure, recording X units, which was approx. X% of total exports in 2017. Turkey (X units) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Lebanon (X%).

Exports from the United Arab Emirates increased at an average annual rate of +X% from 2007 to 2017. At the same time, Turkey (+X%) and Lebanon (+X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Lebanon, Turkey and the United Arab Emirates decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest artificial flowers supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of global exports. It was followed by Lebanon, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in the United Arab Emirates totaled -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (+X% per year) and Lebanon (+X% per year).

Artificial Flowers Export Prices by Country in Middle East

The artificial flowers export price in Middle East stood at $X per thousand units in 2017, shrinking by -X% against the previous year. The artificial flowers export price continues to indicate an abrupt drop. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. Over the period under review, the export prices for artificial flowers, foliage and fruit attained its peak figure level of $X per thousand units in 2008; however, from 2009 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Turkey ($X per thousand units), while the United Arab Emirates ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (-X% per year), while the other leaders experienced a decline in the export price figures.

Artificial Flowers Imports in Middle East

In 2017, the amount of artificial flowers, foliage and fruit imported in Middle East totaled X units, growing by X% against the previous year. The artificial flowers imports continue to indicate a mild curtailment. The pace of growth was the most pronounced in 2013, when it surged by X% year-to-year. Over the period under review, the artificial flowers imports reached its maximum volume of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, artificial flowers imports stood at $X in 2017. The total imports indicated a prominent increase from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the artificial flowers imports decreased by -X% against 2015 indices. The level of imports peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Artificial Flowers Imports by Country in Middle East

In 2017, the United Arab Emirates (X units), Saudi Arabia (X units), Turkey (X units) and Iran (X units) were the largest importers of artificial flowers, foliage and fruit in Middle East, committing X% of total import. It was distantly followed by Iraq (X units), creating X% share of total imports. The following importers - Israel (X units) and Kuwait (X units) each reached a X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Saudi Arabia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Iran ($X) and Turkey ($X) were the countries with the highest levels of imports in 2017, with a combined X% share of total imports. Saudi Arabia, Iraq, Israel and Kuwait lagged somewhat behind, together accounting for a further X%.

Among the main importing countries , Israel (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Artificial Flowers Import Prices by Country in Middle East

The artificial flowers import price in Middle East stood at $X per thousand units in 2017, rising by X% against the previous year. The import price indicated a strong increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2013, when the import prices increased by X% year-to-year. In that year, the import prices for artificial flowers, foliage and fruit attained their peak level of $X per thousand units. From 2014 to 2017, growth of the import prices for artificial flowers, foliage and fruit stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Kuwait ($X per thousand units), while Saudi Arabia ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Iraq (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform