United Arab Emirates: Meat-Preparation Industrial Machinery Market 2024

Meat-Preparation Industrial Machinery Market Size in the United Arab Emirates

The meat-preparation industrial machinery market in the United Arab Emirates soared to $X in 2022, with an increase of 34% 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). Overall, consumption recorded a prominent expansion. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the immediate term.

Meat-Preparation Industrial Machinery Exports

Exports from the United Arab Emirates

In 2022, shipments abroad of industrial machinery for the preparation of meat or poultry was finally on the rise to reach X units after two years of decline. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 204% against the previous year. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, meat-preparation industrial machinery exports expanded markedly to $X in 2022. In general, exports saw a buoyant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 137% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Tanzania (X units) was the main destination for meat-preparation industrial machinery exports from the United Arab Emirates, accounting for a 53% share of total exports. Moreover, meat-preparation industrial machinery exports to Tanzania exceeded the volume sent to the second major destination, the Netherlands (X units), fourfold. Uzbekistan (X units) ranked third in terms of total exports with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Tanzania totaled +58.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+49.6% per year) and Uzbekistan (0.0% per year).

In value terms, Tanzania ($X) emerged as the key foreign market for industrial machinery for the preparation of meat or poultry exports from the United Arab Emirates, comprising 35% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 9.2% share of total exports. It was followed by Uzbekistan, with a 9% share.

From 2012 to 2022, the average annual growth rate of value to Tanzania totaled +49.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+43.1% per year) and Uzbekistan (0.0% per year).

Export Prices by Country

The average meat-preparation industrial machinery export price stood at $X per unit in 2022, reducing by -24.9% against the previous year. In general, the export price showed a perceptible reduction. The pace of growth was the most pronounced in 2021 when the average export price increased by 67% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Burundi ($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 Zimbabwe (+23.5%), while the prices for the other major destinations experienced more modest paces of growth.

Meat-Preparation Industrial Machinery Imports

Imports into the United Arab Emirates

In 2022, approx. X units of industrial machinery for the preparation of meat or poultry were imported into the United Arab Emirates; increasing by 73% compared with 2021. In general, imports saw a buoyant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 174%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, meat-preparation industrial machinery imports reduced to $X in 2022. Over the period under review, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.7% against 2018 indices. The pace of growth appeared the most rapid in 2019 when imports increased by 96% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then contracted in the following year.

Imports by Country

China (X units), Italy (X units) and Germany (X units) were the main suppliers of meat-preparation industrial machinery imports to the United Arab Emirates, together comprising 20% of total imports. The United States, the Netherlands, Austria, Spain, Denmark and Sweden lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +19.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest meat-preparation industrial machinery suppliers to the United Arab Emirates were China ($X), Italy ($X) and Germany ($X), together comprising 33% of total imports. The United States, the Netherlands, Austria, Spain, Denmark and Sweden lagged somewhat behind, together accounting for a further 25%.

The United States, with a CAGR of +11.6%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average meat-preparation industrial machinery import price amounted to $X per unit, which is down by -48.3% against the previous year. Overall, the import price saw a abrupt curtailment. The pace of growth was the most pronounced in 2015 an increase of 32% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 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 Spain ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-5.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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