United Arab Emirates: Special Vehicle Body Market 2024

Special Vehicle Body Market Size in the United Arab Emirates

The special vehicle body market in the United Arab Emirates dropped sharply to $X in 2022, shrinking by X% against the previous year. Overall, consumption, however, showed a buoyant increase. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Special Vehicle Body Production in the United Arab Emirates

In value terms, special vehicle body production contracted sharply to $X in 2022 estimated in export price. In general, production saw a pronounced slump. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Special Vehicle Body Exports

Exports from the United Arab Emirates

Special vehicle body exports from the United Arab Emirates contracted dramatically to X units in 2022, which is down by X% compared with the previous year's figure. In general, exports saw a precipitous decline. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, special vehicle body exports soared to $X in 2022. Over the period under review, exports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X units) was the main destination for special vehicle body exports from the United Arab Emirates, with a X% share of total exports. Moreover, special vehicle body exports to Saudi Arabia exceeded the volume sent to the second major destination, Democratic Republic of the Congo (X units), tenfold. The third position in this ranking was held by Oman (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (X% per year) and Oman (X% per year).

In value terms, the largest markets for special vehicle body exported from the United Arab Emirates were Saudi Arabia ($X), Oman ($X) and Kazakhstan ($X), together accounting for X% of total exports.

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

Export Prices by Country

In 2022, the average special vehicle body export price amounted to $X per unit, growing by X% against the previous year. In general, the export price saw significant growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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

Special Vehicle Body Imports

Imports into the United Arab Emirates

In 2022, purchases abroad of bodies for special purpose motor vehicles decreased by X% to X units, falling for the second year in a row after three years of growth. In general, imports saw a mild shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, special vehicle body imports fell notably to $X in 2022. Overall, imports saw a abrupt descent. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of special vehicle body to the United Arab Emirates, accounting for a X% share of total imports. Moreover, special vehicle body imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold. Malaysia (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Malaysia (X% per year).

In value terms, the largest special vehicle body suppliers to the United Arab Emirates were China ($X), the United States ($X) and Malaysia ($X), with a combined X% share of total imports.

Among the main suppliers, China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average special vehicle body import price stood at $X per unit in 2022, remaining constant against the previous year. Overall, the import price continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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