United Arab Emirates: Resistor Market 2024

Resistor Market Size in the United Arab Emirates

The resistor market in the United Arab Emirates contracted to $X in 2022, dropping by X% against the previous year. In general, consumption, however, recorded a remarkable increase. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Resistor Production in the United Arab Emirates

In value terms, resistor production declined slightly to $X in 2022 estimated in export price. In general, production, however, recorded strong growth. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Resistor Exports

Exports from the United Arab Emirates

In 2022, shipments abroad of electrical resistors (except heating resistors) was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, resistor exports surged to $X in 2022. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Saudi Arabia (X units) was the main destination for resistor exports from the United Arab Emirates, with a X% share of total exports. Moreover, resistor exports to Saudi Arabia exceeded the volume sent to the second major destination, Singapore (X units), eightfold. The third position in this ranking was held by Hong Kong SAR (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (X% per year) and Hong Kong SAR (X% per year).

In value terms, Saudi Arabia ($X), Oman ($X) and China ($X) appeared to be the largest markets for resistor exported from the United Arab Emirates worldwide, with a combined X% share of total exports.

Among the main countries of destination, China, with a CAGR of X%, saw the highest growth rate of 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 resistor export price stood at $X per thousand units in 2022, reducing by X% against the previous year. Overall, the export price, however, recorded a strong increase. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The export price peaked at $X per thousand units in 2021, and then shrank dramatically in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($X per thousand units), while the average price for exports to Singapore ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (X%), while the prices for the other major destinations experienced more modest paces of growth.

Resistor Imports

Imports into the United Arab Emirates

In 2022, purchases abroad of electrical resistors (except heating resistors) decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate moderate growth. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of X units, and then declined sharply in the following year.

In value terms, resistor imports dropped dramatically to $X in 2022. Overall, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then shrank sharply in the following year.

Imports by Country

The United States (X units), China (X units) and Turkey (X units) were the main suppliers of resistor imports to the United Arab Emirates, with a combined X% share of total imports. South Korea, Malaysia, Germany, India, Taiwan (Chinese), Mexico and Singapore lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest resistor suppliers to the United Arab Emirates were Malaysia ($X), the United States ($X) and China ($X), with a combined X% share of total imports. Turkey, Germany, India, Mexico, South Korea, Taiwan (Chinese) and Singapore lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Mexico, with a CAGR of X%, saw the highest growth rate of 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 resistor import price stood at $X per thousand units in 2022, with an increase of X% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per thousand units), while the price for South Korea ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform

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