United Arab Emirates: Market for Electro-Thermic Appliances Or Domestic Purposes 2022

Market Size for Electro-Thermic Appliances Or Domestic Purposes in the United Arab Emirates

In 2021, the market for electro-thermic appliances or domestic purposes in the United Arab Emirates increased by 9.8% to $X, rising for the second consecutive year after five years of decline. In general, the total consumption indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +34.1% against 2019 indices. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Electro-Thermic Appliances Or Domestic Purposes

Exports from the United Arab Emirates

In 2021, overseas shipments of electro-thermic appliances or domestic purposes increased by 259% to X units, rising for the fifth consecutive year after three years of decline. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, electro-thermic appliances or domestic purposes exports soared to $X in 2021. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 176% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Saudi Arabia (X units), Pakistan (X units) and Iraq (X units) were the main destinations of electro-thermic appliances or domestic purposes exports from the United Arab Emirates, with a combined 39% share of total exports. Kuwait, Tanzania, Oman, Mauritius, China, Uganda, Bahrain, Egypt, Sudan and Bangladesh lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2021, the biggest increases were in Bahrain (with a CAGR of +233.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electro-thermic appliances or domestic purposes exported from the United Arab Emirates were Saudi Arabia ($X), Iraq ($X) and Kuwait ($X), with a combined 54% share of total exports. These countries were followed by Oman, China, Pakistan, Bahrain, Egypt, Sudan, Bangladesh, Mauritius, Uganda and Tanzania, which together accounted for a further 29%.

Bahrain, with a CAGR of +191.9%, recorded the highest rates of growth with regard to the value of exports, among 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

In 2021, the average export price for electro-thermic appliances or domestic purposes amounted to $X per unit, waning by -64.2% against the previous year. Overall, the export price, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2019 an increase of 97% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2020, and then fell dramatically in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Oman ($X per unit), while the average price for exports to Tanzania ($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 Bangladesh (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electro-Thermic Appliances Or Domestic Purposes

Imports into the United Arab Emirates

Electro-thermic appliances or domestic purposes imports into the United Arab Emirates surged to X units in 2021, rising by 34% against 2020. Over the period under review, total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +127.0% against 2016 indices. The most prominent rate of growth was recorded in 2014 with an increase of 39%. Imports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, electro-thermic appliances or domestic purposes imports soared to $X in 2021. Overall, total imports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +62.0% against 2019 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 42% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X units) was the main electro-thermic appliances or domestic purposes supplier to the United Arab Emirates, accounting for a approx. 97% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China totaled +8.4%.

In value terms, China ($X) constituted the largest supplier of electro-thermic appliances or domestic purposes to the United Arab Emirates.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +4.4%.

Import Prices by Country

The average import price for electro-thermic appliances or domestic purposes stood at $X per unit in 2021, dropping by -4% against the previous year. In general, the import price recorded a perceptible setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 69% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -3.7% per year.

Source: IndexBox Platform

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