GCC: Non-Domestic Dishwashing Machine Market 2024

Non-Domestic Dishwashing Machine Market Size in GCC

The GCC non-domestic dishwashing machine market dropped to $X in 2022, shrinking by -2.8% against the previous year. Overall, consumption enjoyed a pronounced increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Non-Domestic Dishwashing Machine Production in GCC

In value terms, non-domestic dishwashing machine production dropped modestly to $X in 2022 estimated in export price. In general, production, however, posted a temperate increase. The pace of growth appeared the most rapid in 2016 with an increase of 55% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Non-Domestic Dishwashing Machine Exports

Exports in GCC

In 2022, approx. X units of non-domestic dish-washing machines were exported in GCC; growing by 61% compared with 2021. Over the period under review, exports saw a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 145%. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-domestic dishwashing machine exports plummeted to $X in 2022. Overall, exports, however, continue to indicate a pronounced decline. The growth pace was the most rapid in 2014 with an increase of 79%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units) represented roughly 98% of total exports in 2022.

The United Arab Emirates was also the fastest-growing in terms of the non-domestic dish-washing machines exports, with a CAGR of +12.7% from 2012 to 2022. While the share of the United Arab Emirates (+20 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) also remains the largest non-domestic dishwashing machine supplier in GCC.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates totaled -1.8%.

Export Prices by Country

The export price in GCC stood at $X per unit in 2022, falling by -54.7% against the previous year. Over the period under review, the export price faced a abrupt decline. The most prominent rate of growth was recorded in 2020 when the export price increased by 153% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -12.8% per year.

Non-Domestic Dishwashing Machine Imports

Imports in GCC

In 2022, supplies from abroad of non-domestic dish-washing machines was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.5% against 2019 indices. The growth pace was the most rapid in 2019 when imports increased by 46%. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, non-domestic dishwashing machine imports totaled $X in 2022. Over the period under review, imports saw a modest expansion. The growth pace was the most rapid in 2013 when imports increased by 51%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates represented the major importing country with an import of about X units, which finished at 70% of total imports. Bahrain (X units) held a 16% share (based on physical terms) of total imports, which put it in second place, followed by Qatar (6.2%). The following importers - Kuwait (X units) and Oman (X units) - each amounted to a 7.5% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to non-domestic dishwashing machine imports into the United Arab Emirates stood at +4.6%. At the same time, Qatar (+15.0%), Bahrain (+8.5%) and Kuwait (+1.9%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in GCC, with a CAGR of +15.0% from 2012-2022. Oman experienced a relatively flat trend pattern. Bahrain (+4.3 p.p.) and Qatar (+3.7 p.p.) significantly strengthened its position in terms of the total imports, while Oman and the United Arab Emirates saw its share reduced by -2.8% and -3.7% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported non-domestic dish-washing machines in GCC, comprising 61% of total imports. The second position in the ranking was held by Qatar ($X), with a 7.9% share of total imports. It was followed by Kuwait, with a 4.8% share.

In the United Arab Emirates, non-domestic dishwashing machine imports increased at an average annual rate of +5.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Qatar (+16.8% per year) and Kuwait (+0.9% per year).

Import Prices by Country

The import price in GCC stood at $X per unit in 2022, waning by -22.4% against the previous year. In general, the import price recorded a noticeable reduction. The growth pace was the most rapid in 2013 an increase of 57% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices failed to regain momentum.

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 Qatar ($X per unit), while Bahrain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+1.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform