United Arab Emirates: Electric Brazing Machine Market 2024

Electric Brazing Machine Market Size in the United Arab Emirates

The electric brazing machine market in the United Arab Emirates soared to $X in 2022, rising by 37% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a strong 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.

Electric Brazing Machine Exports

Exports from the United Arab Emirates

After two years of growth, overseas shipments of electric brazing or soldering machines and apparatus decreased by -57.8% to X units in 2022. Over the period under review, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 59%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, electric brazing machine exports reduced sharply to $X in 2022. Overall, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 with an increase of 149% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Niger (X units) was the main destination for electric brazing machine exports from the United Arab Emirates, accounting for a 50% share of total exports. Moreover, electric brazing machine exports to Niger exceeded the volume sent to the second major destination, Rwanda (X units), twofold. Egypt (X units) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Niger totaled +21.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+7.0% per year) and Egypt (+70.0% per year).

In value terms, Egypt ($X) remains the key foreign market for electric brazing or soldering machines and apparatus exports from the United Arab Emirates, comprising 66% of total exports. The second position in the ranking was held by Chile ($X), with an 18% share of total exports. It was followed by Rwanda, with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Egypt stood at +111.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+20,984.1% per year) and Rwanda (+10.1% per year).

Export Prices by Country

The average electric brazing machine export price stood at $X per unit in 2022, rising by 66% against the previous year. Over the period under review, the export price recorded a mild increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($X per unit), while the average price for exports to Niger ($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 Sierra Leone (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Brazing Machine Imports

Imports into the United Arab Emirates

In 2022, imports of electric brazing or soldering machines and apparatus into the United Arab Emirates expanded remarkably to X units, surging by 13% on the previous year's figure. Over the period under review, imports recorded tangible growth. The most prominent rate of growth was recorded in 2017 when imports increased by 213% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, electric brazing machine imports skyrocketed to $X in 2022. In general, imports enjoyed a noticeable expansion. The most prominent rate of growth was recorded in 2020 with an increase of 110% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest electric brazing machine supplier to the United Arab Emirates, accounting for a 61% share of total imports. Moreover, electric brazing machine imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold. Germany (X units) ranked third in terms of total imports with a 5.1% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +29.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+19.4% per year) and Germany (-1.7% per year).

In value terms, China ($X) constituted the largest supplier of electric brazing or soldering machines and apparatus to the United Arab Emirates, comprising 49% of total imports. The second position in the ranking was taken by Germany ($X), with a 12% share of total imports. It was followed by Italy, with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +20.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.8% per year) and Italy (+16.0% per year).

Import Prices by Country

In 2022, the average electric brazing machine import price amounted to $X per unit, growing by 12% against the previous year. In general, the import price, however, saw a slight slump. The pace of growth appeared the most rapid in 2019 when the average import price increased by 121% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2020; however, from 2021 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 India ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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