United Arab Emirates: Concrete Pump Market 2024

Concrete Pump Market Size in the United Arab Emirates

The concrete pump market in the United Arab Emirates soared to $X in 2021, growing by 26% against the previous year. Overall, consumption, however, saw a deep downturn. Concrete pump consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Concrete Pump Production in the United Arab Emirates

In value terms, concrete pump production declined modestly to $X in 2021 estimated in export price. Overall, production showed a pronounced reduction. The most prominent rate of growth was recorded in 2017 with an increase of 14%. Concrete pump production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Concrete Pump Exports

Exports from the United Arab Emirates

Concrete pump exports from the United Arab Emirates reduced notably to X units in 2021, dropping by -55.8% against the previous year's figure. Overall, exports continue to indicate a perceptible setback. The growth pace was the most rapid in 2020 when exports increased by 196% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, concrete pump exports shrank rapidly to $X in 2021. Over the period under review, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2017 with an increase of 204%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Burundi (X units), Egypt (X units) and the UK (X units) were the main destinations of concrete pump exports from the United Arab Emirates, together comprising 62% of total exports. Moreover, concrete pump exports in Burundi exceeded the figures recorded by the second-largest exporter, Egypt, twofold.

From 2012 to 2021, the biggest increases were recorded for Burundi (with a CAGR of +128.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Burundi ($X), Oman ($X) and Italy ($X) constituted the largest markets for concrete pump exported from the United Arab Emirates worldwide, with a combined 52% share of total exports.

Among the main countries of destination, Burundi, with a CAGR of +2,104.1%, recorded 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 2021, the average concrete pump export price amounted to $X per unit, with an increase of 5.5% against the previous year. Overall, the export price, however, showed a deep slump. The most prominent rate of growth was recorded in 2017 an increase of 29% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, 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 Oman ($X per unit), while the average price for exports to Gambia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (+812.2%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete Pump Imports

Imports into the United Arab Emirates

Concrete pump imports into the United Arab Emirates reduced to X units in 2021, falling by -14.3% compared with the previous year. Over the period under review, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 97% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, concrete pump imports shrank remarkably to $X in 2021. Overall, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2013 when imports increased by 96% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Saudi Arabia (X units) constituted the largest supplier of concrete pump to the United Arab Emirates, accounting for a 31% share of total imports. Moreover, concrete pump imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, the UK (X units), fourfold. The third position in this ranking was held by Kuwait (X units), with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Saudi Arabia amounted to +19.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-18.4% per year) and Kuwait (+34.8% per year).

In value terms, the largest concrete pump suppliers to the United Arab Emirates were China ($X), Saudi Arabia ($X) and the United States ($X), together comprising 42% of total imports. These countries were followed by Germany, the UK, India, South Korea, Kuwait, Italy and France, which together accounted for a further 37%.

Kuwait, with a CAGR of +87.3%, saw the highest growth rate of 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 2021, the average concrete pump import price amounted to $X per unit, shrinking by -3.4% against the previous year. Overall, the import price saw a perceptible slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 76% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+23.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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