United Arab Emirates: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Market Size in the United Arab Emirates

The confectionery-making industrial machinery market in the United Arab Emirates declined notably to $X in 2022, which is down by -48% 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). In general, consumption, however, continues to indicate resilient growth. As a result, consumption attained the peak level of $X, and then declined dramatically in the following year.

Confectionery-Making Industrial Machinery Exports

Exports from the United Arab Emirates

In 2022, the amount of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate exported from the United Arab Emirates soared to X units, jumping by 88% on 2021 figures. In general, exports posted significant growth. The pace of growth was the most pronounced in 2013 when exports increased by 570% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, confectionery-making industrial machinery exports skyrocketed to $X in 2022. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,170%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X units), France (X units) and the United States (X units) were the main destinations of confectionery-making industrial machinery exports from the United Arab Emirates, with a combined 81% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +9,800.0%), while the other leaders experienced more modest paces of growth.

In value terms, India ($X), France ($X) and the United States ($X) were the largest markets for confectionery-making industrial machinery exported from the United Arab Emirates worldwide, together accounting for 70% of total exports.

Among the main countries of destination, France, with a CAGR of +350,407.4%, 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

In 2022, the average confectionery-making industrial machinery export price amounted to $X per unit, jumping by 38% against the previous year. In general, the export price recorded a mild increase. The most prominent rate of growth was recorded in 2018 an increase of 247%. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+3,801.7%), while the prices for the other major destinations experienced more modest paces of growth.

Confectionery-Making Industrial Machinery Imports

Imports into the United Arab Emirates

In 2022, the amount of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate imported into the United Arab Emirates shrank significantly to X units, falling by -35.7% against 2021 figures. Over the period under review, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2019 when imports increased by 236% against the previous year. Over the period under review, imports reached the maximum at X units in 2021, and then contracted remarkably in the following year.

In value terms, confectionery-making industrial machinery imports fell notably to $X in 2022. Overall, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 411%. As a result, imports reached the peak of $X, and then dropped markedly in the following year.

Imports by Country

China (X units), Germany (X units) and Belgium (X units) were the main suppliers of confectionery-making industrial machinery imports to the United Arab Emirates, together comprising 41% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +46.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate to the United Arab Emirates, comprising 25% of total imports. The second position in the ranking was held by Italy ($X), with a 7.4% share of total imports. It was followed by France, with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +33.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+5.0% per year) and France (+57.6% per year).

Import Prices by Country

The average confectionery-making industrial machinery import price stood at $X per unit in 2022, waning by -7.1% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, confectionery-making industrial machinery import price increased by +46.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 57% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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