The telecommunications instrument market in the MENA region is projected to experience steady growth through 2035, with a compound annual growth rate (CAGR) of +0.8% in volume and +1.7% in value. Despite a forecasted slowdown, the market is expected to reach 624K units in volume and $2.7 billion in value by 2035.
In 2024, the region saw a significant increase in telecommunications instrument consumption, with 570K units consumed, reflecting a 5.5% year-on-year growth. The total market revenue reached $2.2 billion, marking a 4.9% increase from 2023. The market has grown at an average annual rate of +1.6% from 2013 to 2024, with some fluctuations throughout the period.
Among the leading countries in consumption, Turkey, Iran, and Saudi Arabia topped the list in 2024, contributing to 68% of the total market consumption. Other countries like Morocco, Syria, Yemen, and the UAE followed with lower consumption figures. In value terms, Iran led the market with $761 million in telecommunications instrument consumption, followed by Turkey and Saudi Arabia.
Telecommunications instrument production in MENA also saw growth, expanding by 4.3% in 2024 to 552K units. However, production levels remained lower than the peak of 700K units in 2017. The top producing countries in 2024 were Turkey, Iran, and Saudi Arabia, contributing 67% of total production.
MENA’s imports of telecommunications instruments saw a jump of 30% in 2024, totaling 25K units. Saudi Arabia was the leading importer, accounting for 58% of the total imports, followed by Israel and Turkey.
Exports from the region, however, declined by 14.4% in 2024, totaling 7.7K units. Israel remained the largest exporter of telecommunications instruments, with Saudi Arabia and Turkey following behind. Despite the decline in physical exports, the export value increased by 33%, reaching $21 million in 2024.
In terms of prices, the import price per unit in MENA dropped by 25% to $3.9 thousand in 2024, while export prices rose by 33% to $2.7 thousand per unit. Differences in pricing were noticeable between countries, with the UAE having the highest export price at $8.2 thousand per unit and Saudi Arabia having one of the lowest at $154 per unit.
This forecast highlights the MENA region’s continued demand for telecommunications instruments, which will drive steady growth in the coming decade, despite ongoing market fluctuations and price adjustments.
