United Arab Emirates: Market for Instrument Panel And Wall Clocks 2022

Market Size for Instrument Panel And Wall Clocks in the United Arab Emirates

The market for instrument panel and wall clocks in the United Arab Emirates rose slightly to $X in 2020, increasing by X% against the previous year. In general, the total consumption indicated a moderate expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2018 indices. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, the market attained the peak level at $X in 2011; however, from 2012 to 2020, consumption remained at a lower figure.

Production of Instrument Panel And Wall Clocks in the United Arab Emirates

In value terms, instrument panel and wall clock production skyrocketed to $X in 2020 estimated in export prices. Over the period under review, production, however, continues to indicate a noticeable decrease. The growth pace was the most rapid in 2010 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. from 2011 to 2020, production growth remained at a somewhat lower figure.

Exports of Instrument Panel And Wall Clocks

Exports from the United Arab Emirates

In 2020, overseas shipments of instrument panel and wall clocks decreased by -X% to X tons, falling for the seventh consecutive year after two years of growth. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tons in 2010; however, from 2011 to 2020, exports remained at a lower figure.

In value terms, instrument panel and wall clock exports amounted to $X in 2020. Overall, exports enjoyed a modest increase. The growth pace was the most rapid in 2010 when exports increased by X% year-to-year. As a result, exports attained the peak of $X. from 2011 to 2020, the growth exports remained at a lower figure.

Exports by Country

Switzerland (X tons) was the main destination for instrument panel and wall clock exports from the United Arab Emirates, accounting for a X% share of total exports. Moreover, instrument panel and wall clock exports to Switzerland exceeded the volume sent to the second major destination, Uganda (X tons), twofold. The third position in this ranking was occupied by France (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Switzerland stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (+X% per year) and France (+X% per year).

In value terms, Switzerland ($X) remains the key foreign market for instrument panel and wall clock exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was occupied by Kuwait ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Switzerland stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+X% per year) and Saudi Arabia (+X% per year).

Export Prices by Country

The average export price for instrument panel and wall clocks stood at $X per ton in 2020, with an increase of X% against the previous year. Overall, export price indicated a perceptible expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, instrument panel and wall clock export price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2013 an increase of X% y-o-y. As a result, export price attained the peak level of $X per ton. from 2014 to 2020, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Burundi ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait, while the prices for the other major destinations experienced a decline.

Imports of Instrument Panel And Wall Clocks

Imports into the United Arab Emirates

In 2020, the amount of instrument panel and wall clocks imported into the United Arab Emirates dropped to X tons, with a decrease of -X% compared with the year before. Over the period under review, imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. from 2019 to 2020, the growth imports failed to regain the momentum.

In value terms, instrument panel and wall clock imports fell to $X in 2020. Overall, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Kuwait (X tons), China (X tons) and Switzerland (X tons) were the main suppliers of instrument panel and wall clock imports to the United Arab Emirates.

From 2007 to 2020, the biggest increases were in Kuwait, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest instrument panel and wall clock suppliers to the United Arab Emirates were Kuwait ($X), China ($X) and Switzerland ($X (+X% per year) saw 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 more modest paces of growth.

Import Prices by Country

In 2020, the average import price for instrument panel and wall clocks amounted to $X per ton, which is down by -X% against the previous year. Over the period under review, the import price showed a pronounced reduction. The pace of growth was the most pronounced in 2008 when the average import price increased by X% y-o-y. As a result, import price attained the peak level of $X per ton. from 2009 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Switzerland ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Kuwait (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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