United Arab Emirates: Balloon And Dirigible Market 2024

Balloon And Dirigible Market Size in the United Arab Emirates

In 2022, the balloon and dirigible market in the United Arab Emirates increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption, however, saw a pronounced setback. Balloon and dirigible consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Balloon And Dirigible Production in the United Arab Emirates

In value terms, balloon and dirigible production totaled $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. Balloon and dirigible production peaked in 2022 and is expected to retain growth in the near future.

Balloon And Dirigible Exports

Exports from the United Arab Emirates

In 2022, overseas shipments of balloons, dirigibles and other non-powered aircraft increased by X% to X units, rising for the third consecutive year after three years of decline. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, balloon and dirigible exports skyrocketed to $X in 2022. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Egypt (X units), Austria (X units) and Saudi Arabia (X units) were the main destinations of balloon and dirigible exports from the United Arab Emirates, together accounting for X% of total exports. France, China, Bahrain, Cameroon, Qatar and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bahrain (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for balloon and dirigible exported from the United Arab Emirates were Egypt ($X), Austria ($X) and Saudi Arabia ($X), with a combined X% share of total exports. France, China, Bahrain, Cameroon, Qatar and the United States lagged somewhat behind, together accounting for a further X%.

Bahrain, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average balloon and dirigible export price stood at $X per unit in 2022, waning by X% against the previous year. Overall, the export price showed a deep contraction. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to the United States ($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 Bahrain (X%), while the prices for the other major destinations experienced mixed trend patterns.

Balloon And Dirigible Imports

Imports into the United Arab Emirates

In 2022, purchases abroad of balloons, dirigibles and other non-powered aircraft increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, imports showed moderate growth. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, balloon and dirigible imports soared to $X in 2022. In general, imports saw a prominent increase. Imports peaked at $X in 2018; afterwards, it flattened through to 2022.

Imports by Country

In 2022, Spain (X units) constituted the largest supplier of balloon and dirigible to the United Arab Emirates, accounting for a X% share of total imports. Moreover, balloon and dirigible imports from Spain exceeded the figures recorded by the second-largest supplier, France (X units), twofold. The third position in this ranking was taken by the Netherlands (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and the Netherlands (X% per year).

In value terms, Spain ($X) constituted the largest supplier of balloons, dirigibles and other non-powered aircraft to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Australia (X% per year).

Import Prices by Country

The average balloon and dirigible import price stood at $X per unit in 2022, increasing by X% against the previous year. In general, the import price continues to indicate resilient growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 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 Spain ($X per unit), while the price for South Africa ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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