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Middle East Direction Finding Compass Market Shows Recovery in 2024

After a four-year decline, the Middle East compass market showed signs of recovery in 2024. Imports and exports rose, and the export price increased, despite a slight decrease in production.

In the center of the image we can see a compass. In the background there are wires and sky.
In the center of the image we can see a compass. In the background there are wires and sky.

Middle East Direction Finding Compass Market Shows Recovery in 2024

The Middle Eastern maps market showed signs of recovery in 2024, reaching $X after a four-year decline. This upturn was supported by a rise in imports and exports, despite a slight decrease in production.

The import price in the Middle East for maps stood at $X per unit in 2024, marking a X% reduction from the previous year. Saudi Arabia maintained the highest import price at $X per unit. Meanwhile, exports dropped to X units in 2024, a X% decrease from the previous year. The top three exporters to the Middle East from 2020 to 2024 were China, the United States, and Germany.

Production in the Middle East fell to $X in 2024, experiencing a minor setback over the period. Turkey emerged as the main importer, accounting for X% of total imports. Consumption of maps displayed a relatively stable trend from 2020 to 2024. Turkey and the United Arab Emirates led as the largest exporters in the region in 2024. The export price increased to $X thousand per unit, a X% growth from the previous year. Imports picked up by X% to X units in 2024 compared to 2023 figures.

In 2024, the Middle Eastern maps market demonstrated signs of recovery, with increased imports and exports, despite a slight decrease in production. The region's top importer and exporters maintained their positions, and the export price showed growth. However, exports and production figures still lagged behind previous years.

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