United Arab Emirates: Totaliser Market 2024

Totaliser Market Size in the United Arab Emirates

The totaliser market in the United Arab Emirates skyrocketed to $X in 2021, jumping by 128% against the previous year. In general, consumption posted a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Totaliser Production in the United Arab Emirates

In value terms, totaliser production fell dramatically to $X in 2021 estimated in export price. In general, production, however, continues to indicate resilient growth. The pace of growth was the most pronounced in 2020 when the production volume increased by 60% against the previous year. As a result, production attained the peak level of $X, and then declined remarkably in the following year.

Totaliser Exports

Exports from the United Arab Emirates

In 2021, after four years of growth, there was significant decline in overseas shipments of continuous and discontinuous totalisers, when their volume decreased by -79.8% to X units. Over the period under review, exports, however, posted a temperate expansion. The growth pace was the most rapid in 2020 when exports increased by 260%. As a result, the exports reached the peak of X units, and then contracted remarkably in the following year.

In value terms, totaliser exports dropped sharply to $X in 2021. In general, exports, however, recorded temperate growth. The most prominent rate of growth was recorded in 2019 with an increase of 363%. The exports peaked at $X in 2020, and then fell significantly in the following year.

Exports by Country

Maldives (X units), Oman (X units) and Seychelles (X units) were the main destinations of totaliser exports from the United Arab Emirates, with a combined 86% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Oman (with a CAGR of +25.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Oman ($X) emerged as the key foreign market for continuous and discontinuous totalisers exports from the United Arab Emirates, comprising 50% of total exports. The second position in the ranking was held by Nigeria ($X), with a 22% share of total exports. It was followed by Maldives, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Oman stood at +23.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (-20.2% per year) and Maldives (+7.4% per year).

Export Prices by Country

In 2021, the average totaliser export price amounted to $X per unit, with a decrease of -41.5% against the previous year. Overall, the export price, however, recorded a mild increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 92%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Seychelles ($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 Saudi Arabia (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.

Totaliser Imports

Imports into the United Arab Emirates

In 2021, the amount of continuous and discontinuous totalisers imported into the United Arab Emirates soared to X units, increasing by 280% on the previous year's figure. Overall, imports, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2019 when imports increased by 394%. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, totaliser imports soared to $X in 2021. In general, imports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2019 when imports increased by 166% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X units) constituted the largest supplier of totaliser to the United Arab Emirates, accounting for a 25% share of total imports. Moreover, totaliser imports from the United States exceeded the figures recorded by the second-largest supplier, Thailand (X units), threefold. South Korea (X units) ranked third in terms of total imports with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +10.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (0.0% per year) and South Korea (-10.5% per year).

In value terms, the largest totaliser suppliers to the United Arab Emirates were Germany ($X), the United States ($X) and China ($X), with a combined 42% share of total imports. These countries were followed by India, Spain, South Korea, Turkey, the UK and Thailand, which together accounted for a further 24%.

Among the main suppliers, Spain, with a CAGR of +44.1%, 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 totaliser import price stood at $X per unit in 2021, waning by -50.1% against the previous year. Over the period under review, the import price showed a pronounced decrease. The growth pace was the most rapid in 2014 an increase of 226% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Thailand ($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 (+22.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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