United Arab Emirates: Market for Electric Burglar Or Fire Alarms And Similar Apparatus 2024

Market Size for Electric Burglar Or Fire Alarms And Similar Apparatus in the United Arab Emirates

The market for electric burglar or fire alarms and similar apparatus in the United Arab Emirates rose sharply to $X in 2021, increasing by 12% 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). Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Exports of Electric Burglar Or Fire Alarms And Similar Apparatus

Exports from the United Arab Emirates

In 2021, shipments abroad of electric burglar or fire alarms and similar apparatus decreased by -10.1% to X units, falling for the third year in a row after two years of growth. Overall, exports, however, saw a perceptible increase. The most prominent rate of growth was recorded in 2018 when exports increased by 116%. As a result, the exports attained the peak of X units. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, electric burglar or fire alarm exports soared to $X in 2021. Over the period under review, exports, however, posted a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Oman (X units) was the main destination for electric burglar or fire alarm exports from the United Arab Emirates, accounting for a 41% share of total exports. Moreover, electric burglar or fire alarm exports to Oman exceeded the volume sent to the second major destination, Zambia (X units), threefold. Denmark (X units) ranked third in terms of total exports with a 6.3% share.

From 2012 to 2021, the average annual growth rate of volume to Oman amounted to -3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (+69.7% per year) and Denmark (+161.1% per year).

In value terms, the largest markets for electric burglar or fire alarm exported from the United Arab Emirates were Denmark ($X), Oman ($X) and France ($X), together comprising 43% of total exports.

Among the main countries of destination, Denmark, with a CAGR of +173.5%, 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

The average export price for electric burglar or fire alarms and similar apparatus stood at $X per unit in 2021, jumping by 142% against the previous year. Over the period under review, the export price posted prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Denmark ($X per unit), while the average price for exports to Angola ($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 South Africa (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Burglar Or Fire Alarms And Similar Apparatus

Imports into the United Arab Emirates

In 2021, electric burglar or fire alarm imports into the United Arab Emirates expanded remarkably to X units, picking up by 8.8% compared with the previous year. Overall, imports, however, saw a mild slump. The growth pace was the most rapid in 2015 when imports increased by 119% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, electric burglar or fire alarm imports amounted to $X in 2021. The total import value increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when imports increased by 35% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), the UK (X units) and India (X units) were the main suppliers of electric burglar or fire alarm imports to the United Arab Emirates, together accounting for 51% of total imports. These countries were followed by Bulgaria, the United States, Germany, Hungary, Canada, Romania, Turkey, France, Portugal and Italy, which together accounted for a further 26%.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +147.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) constituted the largest supplier of electric burglar or fire alarms and similar apparatus to the United Arab Emirates, comprising 26% of total imports. The second position in the ranking was taken by the United States ($X), with an 11% share of total imports. It was followed by China, with an 8.3% share.

From 2012 to 2021, the average annual growth rate of value from the UK totaled -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+5.0% per year) and China (-5.1% per year).

Import Prices by Country

The average import price for electric burglar or fire alarms and similar apparatus stood at $X per unit in 2021, waning by -7.1% against the previous year. Overall, import price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electric burglar or fire alarm import price increased by +10.0% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 126% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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