United Arab Emirates: Tow-Behind Air Compressor Market 2024

Tow-Behind Air Compressor Market Size in the United Arab Emirates

The tow-behind air compressor market in the United Arab Emirates fell to $X in 2022, with a decrease of -4.7% 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). In general, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Tow-Behind Air Compressor Exports

Exports from the United Arab Emirates

In 2022, approx. X units of air compressors mounted on a wheeled chassis for towing were exported from the United Arab Emirates; jumping by 26% compared with 2021. In general, exports enjoyed a modest increase. The pace of growth appeared the most rapid in 2015 when exports increased by 360%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, tow-behind air compressor exports rose rapidly to $X in 2022. Overall, exports showed noticeable growth. The most prominent rate of growth was recorded in 2015 with an increase of 391%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

India (X units) was the main destination for tow-behind air compressor exports from the United Arab Emirates, accounting for a 45% share of total exports. Moreover, tow-behind air compressor exports to India exceeded the volume sent to the second major destination, Mozambique (X units), twofold. The third position in this ranking was held by Burundi (X units), with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to India totaled +41.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (-0.3% per year) and Burundi (+20.4% per year).

In value terms, India ($X) emerged as the key foreign market for air compressors mounted on a wheeled chassis for towing exports from the United Arab Emirates, comprising 72% of total exports. The second position in the ranking was held by Tanzania ($X), with a 3.5% share of total exports. It was followed by Zimbabwe, with a 3.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to India amounted to +26.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (-2.6% per year) and Zimbabwe (+16.4% per year).

Export Prices by Country

In 2022, the average tow-behind air compressor export price amounted to $X per unit, which is down by -9.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2019 when the average export price increased by 38%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to Mozambique ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+24.3%), while the prices for the other major destinations experienced more modest paces of growth.

Tow-Behind Air Compressor Imports

Imports into the United Arab Emirates

In 2022, overseas purchases of air compressors mounted on a wheeled chassis for towing decreased by -8.2% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, tow-behind air compressor imports amounted to $X in 2022. In general, imports recorded a perceptible reduction. The pace of growth was the most pronounced in 2017 when imports increased by 26% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), India (X units) and Italy (X units) were the main suppliers of tow-behind air compressor imports to the United Arab Emirates, together comprising 85% of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +11.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X), India ($X) and Italy ($X) constituted the largest tow-behind air compressor suppliers to the United Arab Emirates, together accounting for 45% of total imports.

Italy, with a CAGR of +0.4%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average tow-behind air compressor import price stood at $X per unit in 2022, picking up by 10% against the previous year. Overall, the import price, however, recorded a deep slump. The pace of growth appeared the most rapid in 2019 an increase of 69% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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