United Arab Emirates: Plastic Extruder Market 2024

Plastic Extruder Market Size in the United Arab Emirates

The plastic extruder market in the United Arab Emirates dropped dramatically to $X in 2021, shrinking by -60.7% against the previous year. Overall, consumption faced a abrupt downturn. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Plastic Extruder Production in the United Arab Emirates

In value terms, plastic extruder production totaled $X in 2021 estimated in export price. Over the period under review, production saw a slight downturn. The pace of growth was the most pronounced in 2017 when the production volume increased by 858% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Plastic Extruder Exports

Exports from the United Arab Emirates

In 2021, shipments abroad of extruders for working rubber or plastics increased by 320% to X units for the first time since 2017, thus ending a three-year declining trend. Overall, exports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2015 with an increase of 2,965% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, plastic extruder exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a perceptible contraction. The pace of growth appeared the most rapid in 2015 when exports increased by 2,479% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Sudan (X units) was the main destination for plastic extruder exports from the United Arab Emirates, accounting for a 94% share of total exports. It was followed by India (X units), with a 0.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sudan stood at +55.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-13.0% per year) and South Africa (-42.5% per year).

In value terms, the largest markets for plastic extruder exported from the United Arab Emirates were Sudan ($X), South Africa ($X) and India ($X), with a combined 5.2% share of total exports.

South Africa, with a CAGR of +62.5%, 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 mixed trend patterns.

Export Prices by Country

The average plastic extruder export price stood at $X per unit in 2021, jumping by 34% against the previous year. Over the period under review, the export price showed a remarkable increase. The pace of growth was the most pronounced in 2016 an increase of 128%. The export price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Nigeria ($X per unit), while the average price for exports to Sudan ($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 (+202.5%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Extruder Imports

Imports into the United Arab Emirates

After three years of growth, purchases abroad of extruders for working rubber or plastics decreased by -17.1% to X units in 2021. Overall, imports recorded a deep setback. The pace of growth appeared the most rapid in 2020 when imports increased by 193%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, plastic extruder imports contracted notably to $X in 2021. Over the period under review, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2020 with an increase of 173%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Oman (X units) was the main plastic extruder supplier to the United Arab Emirates, with a 95% share of total imports. It was followed by China (X units), with a 1.5% share of total imports. The third position in this ranking was held by India (X units), with a 0.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Oman stood at +81.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-35.7% per year) and India (-32.5% per year).

In value terms, China ($X) constituted the largest supplier of extruders for working rubber or plastics to the United Arab Emirates, comprising 9.6% of total imports. The second position in the ranking was taken by India ($X), with a 4.6% share of total imports. It was followed by Germany, with a 2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-2.0% per year) and Germany (-41.1% per year).

Import Prices by Country

In 2021, the average plastic extruder import price amounted to $X per unit, falling by -13.6% against the previous year. In general, the import price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2016 an increase of 143% 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 Germany ($X per unit), while the price for Oman ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+55.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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