Report Update Nov 1, 2024

United Arab Emirates - Heat Pumps (Other Than Air Conditioning Machines) - Market Analysis, Forecast, Size, Trends and Insights

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United Arab Emirates: Heat Pump Market 2024

Heat Pump Market Size in the United Arab Emirates

The heat pump market in the United Arab Emirates dropped rapidly to $X in 2021, falling by -58.2% against the previous year. Overall, consumption recorded a abrupt curtailment. Heat pump consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Heat Pump Production in the United Arab Emirates

In value terms, heat pump production totaled less than $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern.

Heat Pump Exports

Exports from the United Arab Emirates

In 2021, approx. X units of heat pumps (other than air conditioning machines) were exported from the United Arab Emirates; jumping by 740% against the previous year's figure. In general, exports posted a significant expansion. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, heat pump exports skyrocketed to $X in 2021. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Oman (X units), South Africa (X units) and Saudi Arabia (X units) were the main destinations of heat pump exports from the United Arab Emirates, with a combined 12% share of total exports. These countries were followed by Kuwait and Tanzania, which together accounted for a further 1.2%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kuwait (with a CAGR of +27.2%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Saudi Arabia ($X) and Oman ($X) were the largest markets for heat pump exported from the United Arab Emirates worldwide, with a combined 13% share of total exports. These countries were followed by Kuwait and Tanzania, which together accounted for a further 1.5%.

In terms of the main countries of destination, Kuwait, with a CAGR of +26.6%, 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 heat pump export price stood at $X per unit in 2021, approximately mirroring the previous year. Over the period under review, the export price enjoyed a measured expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 82% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while the average price for exports to Tanzania ($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 Iran (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Heat Pump Imports

Imports into the United Arab Emirates

In 2021, heat pump imports into the United Arab Emirates soared to X units, picking up by 250% compared with the previous year. In general, imports enjoyed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, heat pump imports soared to $X in 2021. Over the period under review, imports recorded resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of heat pump to the United Arab Emirates, accounting for a 66% share of total imports. Moreover, heat pump imports from China exceeded the figures recorded by the second-largest supplier, France (X units), more than tenfold. The third position in this ranking was taken by Oman (X units), with a 1.2% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-5.2% per year) and Oman (+4.2% per year).

In value terms, China ($X) constituted the largest supplier of heat pumps (other than air conditioning machines) to the United Arab Emirates, comprising 34% of total imports. The second position in the ranking was held by France ($X), with a 2% share of total imports. It was followed by Italy, with a 0.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +13.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-9.6% per year) and Italy (-19.1% per year).

Import Prices by Country

The average heat pump import price stood at $X per unit in 2021, reducing by -27.2% against the previous year. Overall, the import price showed a noticeable contraction. The pace of growth was the most pronounced in 2019 an increase of 34% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2020, and then reduced markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Oman ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for heat pumps (other than air conditioning machines) in the world?

The countries with the highest volumes of heat pump consumption in 2020 were China, the United States and India, together accounting for 46% of global consumption. Japan, Indonesia, Mexico, Canada, Germany, Democratic Republic of the Congo, South Korea, France, Thailand and Italy lagged somewhat behind, together accounting for a further 30%.

What are the largest producers of heat pumps (other than air conditioning machines) in the world?

The country with the largest volume of heat pump production was China, accounting for 30% of total volume. Moreover, heat pump production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 9.6% share.

What are the leading suppliers of heat pumps (other than air conditioning machines) to the United Arab Emirates?

In value terms, China constituted the largest supplier of heat pump to the United Arab Emirates, comprising 73% of total imports. The second position in the ranking was occupied by Italy, with a 5.7% share of total imports. It was followed by Mexico, with a 3.2% share.

What are the leading importers of heat pumps (other than air conditioning machines) from the United Arab Emirates?

In value terms, Saudi Arabia, South Africa and Bahrain constituted the largest markets for heat pump exported from the United Arab Emirates worldwide, together comprising 38% of total exports.

What is the average export price for heat pumps (other than air conditioning machines) in the United Arab Emirates?

The average heat pump export price stood at $561 per unit in 2020, rising by 13% against the previous year.

What is the average import price for heat pumps (other than air conditioning machines) in the United Arab Emirates?

In 2020, the average heat pump import price amounted to $2,202 per unit, surging by 4.3% against the previous year.

This report provides an in-depth analysis of the heat pump market in the United Arab Emirates. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28251380 - Heat pumps other than air conditioning machines of HS

Country coverage:

United Arab Emirates

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the United Arab Emirates
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023