United Arab Emirates: Filling Containers Machinery Market 2024

Filling Containers Machinery Market Size in the United Arab Emirates

In 2021, the filling containers machinery market in the United Arab Emirates decreased by -12.4% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, consumption, however, continues to indicate a resilient expansion. Filling containers machinery consumption peaked at $X in 2020, and then dropped in the following year.

Filling Containers Machinery Exports

Exports from the United Arab Emirates

In 2021, overseas shipments of machinery for filling, closing, sealing, capsuling or labelling containers increased by 519% to X units for the first time since 2018, thus ending a two-year declining trend. In general, exports recorded a remarkable increase. Over the period under review, the exports reached the maximum at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, filling containers machinery exports surged to $X in 2021. Over the period under review, exports showed a resilient expansion. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Nigeria (X units) was the main destination for filling containers machinery exports from the United Arab Emirates, accounting for a 75% share of total exports. Moreover, filling containers machinery exports to Nigeria exceeded the volume sent to the second major destination, Oman (X units), sixfold. Zambia (X units) ranked third in terms of total exports with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Nigeria totaled +40.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+3.2% per year) and Zambia (+80.3% per year).

In value terms, Nigeria ($X) emerged as the key foreign market for machinery for filling, closing, sealing, capsuling or labelling containers exports from the United Arab Emirates, comprising 49% of total exports. The second position in the ranking was held by Zambia ($X), with a 21% share of total exports. It was followed by Oman, with a 20% share.

From 2012 to 2021, the average annual growth rate of value to Nigeria totaled +31.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (+80.0% per year) and Oman (+9.9% per year).

Export Prices by Country

In 2021, the average filling containers machinery export price amounted to $X per unit, falling by -25.8% against the previous year. Overall, the export price, however, recorded perceptible growth. The pace of growth was the most pronounced in 2015 an increase of 113% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Zambia ($X per unit), while the average price for exports to Angola ($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 (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Filling Containers Machinery Imports

Imports into the United Arab Emirates

In 2021, supplies from abroad of machinery for filling, closing, sealing, capsuling or labelling containers increased by 28% to X units, rising for the fourth year in a row after two years of decline. In general, imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2013 when imports increased by 63% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, filling containers machinery imports skyrocketed to $X in 2021. Overall, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of 105% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

China (X units), Germany (X units) and India (X units) were the main suppliers of filling containers machinery imports to the United Arab Emirates, together accounting for 39% of total imports. Italy, Denmark, France and Oman lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2021, the biggest increases were recorded for Oman (with a CAGR of +23.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest filling containers machinery suppliers to the United Arab Emirates were China ($X), Italy ($X) and Germany ($X), with a combined 44% share of total imports. These countries were followed by France, India, Denmark and Oman, which together accounted for a further 12%.

France, with a CAGR of +23.5%, recorded the highest growth rate of the value of imports, among 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 2021, the average filling containers machinery import price amounted to $X per unit, rising by 49% against the previous year. Overall, import price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, filling containers machinery import price increased by +60.3% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, 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 China (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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