United Arab Emirates: Market for Electric Generating Sets And Rotary Converters 2022

Market Size for Electric Generating Sets And Rotary Converters in the United Arab Emirates

In 2020, the market for electric generating sets and rotary converters in the United Arab Emirates increased by X% to $X, rising for the second year in a row after six years of decline. Over the period under review, consumption continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the market value increased by X% year-to-year. Consumption peaked at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

Exports of Electric Generating Sets And Rotary Converters

Exports from the United Arab Emirates

In 2020, approx. X units of electric generating sets and rotary converters were exported from the United Arab Emirates; waning by -X% against the previous year's figure. In general, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Exports peaked at X units in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

In value terms, exports of electric generating sets and rotary converters fell to $X in 2020. Overall, exports recorded a slight reduction. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at $X in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

Exports by Country

Mozambique (X units), Senegal (X units) and Saudi Arabia (X units) were the main destinations of exports of electric generating sets and rotary converters from the United Arab Emirates, together accounting for X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia, while exports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Democratic Republic of the Congo ($X) and Ethiopia ($X) constituted the largest markets for electric generating set and rotary converter exported from the United Arab Emirates worldwide, with a combined X% share of total exports.

Among the main countries of destination, Saudi Arabia saw 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 2020, the average export price for electric generating sets and rotary converters amounted to $X per unit, surging by X% against the previous year. In general, the export price saw a resilient expansion. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Democratic Republic of the Congo ($X per unit), while the average price for exports to Georgia ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Generating Sets And Rotary Converters

Imports into the United Arab Emirates

Imports of electric generating sets and rotary converters into the United Arab Emirates contracted to X units in 2020, falling by -X% on the previous year's figure. Over the period under review, imports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. Imports peaked at X units in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, imports of electric generating sets and rotary converters rose notably to $X in 2020. Overall, imports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2008 when imports increased by X% year-to-year. As a result, imports attained the peak of $X. from 2009 to 2020, the growth of imports remained at a lower figure.

Imports by Country

In 2020, China (X units) constituted the largest electric generating set and rotary converter supplier to the United Arab Emirates, accounting for a X% share of total imports. Moreover, imports of electric generating sets and rotary converters from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. The third position in this ranking was occupied by South Korea (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and South Korea (+X% per year).

In value terms, the largest electric generating set and rotary converter suppliers to the United Arab Emirates were Germany ($X), China ($X) and the Netherlands ($X), with a combined X% share of total imports. These countries were followed by South Korea, which accounted for a further X terms of the main suppliers, South Korea recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for electric generating sets and rotary converters stood at $X per unit in 2020, growing by X% against the previous year. Over the period under review, the import price recorded strong growth. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The import price peaked in 2020 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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