United Arab Emirates: Sugar-Manufacturing Industrial Machinery Market 2024

Sugar-Manufacturing Industrial Machinery Market Size in the United Arab Emirates

The sugar-manufacturing industrial machinery market in the United Arab Emirates soared to $X in 2022, increasing by 55% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Sugar-Manufacturing Industrial Machinery Production in the United Arab Emirates

In value terms, sugar-manufacturing industrial machinery production amounted to $X in 2022 estimated in export price. Over the period under review, the total production indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -8.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the production volume increased by 52% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Sugar-Manufacturing Industrial Machinery Exports

Exports from the United Arab Emirates

In 2022, the amount of industrial machinery for the manufacture or preparation of sugar exported from the United Arab Emirates contracted notably to X units, with a decrease of -37.7% against 2021. Over the period under review, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2018 when exports increased by 213% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, sugar-manufacturing industrial machinery exports dropped to $X in 2022. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2015 when exports increased by 199%. 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) was the main destination for sugar-manufacturing industrial machinery exports from the United Arab Emirates, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to India stood at +70.4%.

In value terms, India ($X) emerged as the key foreign market for industrial machinery for the manufacture or preparation of sugar exports from the United Arab Emirates.

From 2012 to 2022, the average annual rate of growth in terms of value to India stood at +73.3%.

Export Prices by Country

In 2022, the average sugar-manufacturing industrial machinery export price amounted to $X per unit, picking up by 37% against the previous year. In general, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 116%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for Mozambique amounted to +21.3% per year.

Sugar-Manufacturing Industrial Machinery Imports

Imports into the United Arab Emirates

In 2022, sugar-manufacturing industrial machinery imports into the United Arab Emirates surged to X units, rising by 159% against the year before. Overall, imports posted strong growth. The pace of growth appeared the most rapid in 2020 when imports increased by 1,079% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, sugar-manufacturing industrial machinery imports skyrocketed to $X in 2022. In general, imports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 825%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of sugar-manufacturing industrial machinery to the United Arab Emirates, with a 32% share of total imports. Moreover, sugar-manufacturing industrial machinery imports from Germany exceeded the figures recorded by the second-largest supplier, the UK (X units), threefold. The third position in this ranking was taken by China (X units), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +23.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+5.2% per year) and China (+24.1% per year).

In value terms, Germany ($X) constituted the largest supplier of industrial machinery for the manufacture or preparation of sugar to the United Arab Emirates, comprising 43% of total imports. The second position in the ranking was held by the UK ($X), with a 5.9% share of total imports. It was followed by China, with a 2.7% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +139.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+3.5% per year) and China (+7.3% per year).

Import Prices by Country

In 2022, the average sugar-manufacturing industrial machinery import price amounted to $X per unit, growing by 158% against the previous year. In general, the import price, however, showed a mild reduction. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Germany (+1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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