United Arab Emirates: Market for Air conditioning Machines without Refrigeration Unit 2024

Market Size for Air conditioning Machines without Refrigeration Unit in the United Arab Emirates

The market for air conditioning machines without refrigeration unit in the United Arab Emirates rose sharply to $X in 2022, growing by 8% against the previous year. In general, consumption, however, saw a mild descent. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Air conditioning Machines without Refrigeration Unit in the United Arab Emirates

In value terms, production of air conditioning machines without refrigeration unit shrank to $X in 2022 estimated in export price. Over the period under review, production, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 56% against the previous year. Over the period under review, production of attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Air conditioning Machines without Refrigeration Unit

Exports from the United Arab Emirates

In 2022, approx. X units of air conditioning machines without refrigeration unit were exported from the United Arab Emirates; which is down by -12.1% against the previous year's figure. In general, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 293%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of air conditioning machines without refrigeration unit declined remarkably to $X in 2022. Over the period under review, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of 274%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for exports of air conditioning machines without refrigeration unit from the United Arab Emirates, with a 72% share of total exports. Moreover, exports of air conditioning machines without refrigeration unit to the United States exceeded the volume sent to the second major destination, Uzbekistan (X units), tenfold. The third position in this ranking was held by Kazakhstan (X units), with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +91.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+88.6% per year) and Kazakhstan (+127.7% per year).

In value terms, the United States ($X) emerged as the key foreign market for air conditioning machines without refrigeration unit exports from the United Arab Emirates, comprising 75% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a 7.8% share of total exports. It was followed by Kazakhstan, with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +82.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+75.1% per year) and Kazakhstan (+142.4% per year).

Export Prices by Country

In 2022, the average export price for air conditioning machines without refrigeration unit amounted to $X per unit, falling by -4.7% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 34% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Germany ($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 Qatar (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Air conditioning Machines without Refrigeration Unit

Imports into the United Arab Emirates

In 2022, after two years of decline, there was significant growth in purchases abroad of air conditioning machines without refrigeration unit, when their volume increased by 11% to X units. Over the period under review, imports, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2014 with an increase of 45% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of air conditioning machines without refrigeration unit fell to $X in 2022. Overall, imports, however, continue to indicate a abrupt contraction. The growth pace was the most rapid in 2014 when imports increased by 16% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

China (X units), Spain (X units) and Italy (X units) were the main suppliers of imports of air conditioning machines without refrigeration unit to the United Arab Emirates, with a combined 44% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +74.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest air conditioning machins without refrigeration unit suppliers to the United Arab Emirates were China ($X), Spain ($X) and the UK ($X), together comprising 40% of total imports.

Spain, with a CAGR of +66.9%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for air conditioning machines without refrigeration unit amounted to $X per unit, which is down by -10% against the previous year. Overall, the import price continues to indicate a slight setback. The most prominent rate of growth was recorded in 2021 an increase of 21% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 the UK ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform