United Arab Emirates: Finishing Paper Machinery Market 2024

Finishing Paper Machinery Market Size in the United Arab Emirates

The finishing paper machinery market in the United Arab Emirates skyrocketed to $X in 2021, rising by 202% 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 enjoyed a prominent expansion. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in the near future.

Finishing Paper Machinery Exports

Exports from the United Arab Emirates

In 2021, approx. X units of machinery for finishing paper or paperboard were exported from the United Arab Emirates; increasing by 170% against the previous year. Overall, exports posted a temperate expansion. The pace of growth appeared the most rapid in 2015 with an increase of 700%. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, finishing paper machinery exports skyrocketed to $X in 2021. In general, exports, however, showed a abrupt decline. The pace of growth was the most pronounced in 2019 when exports increased by 1,184%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

South Africa (X units) was the main destination for finishing paper machinery exports from the United Arab Emirates, with a 73% share of total exports. Moreover, finishing paper machinery exports to South Africa exceeded the volume sent to the second major destination, Oman (X units), eightfold. The third position in this ranking was held by Malawi (X units), with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume to South Africa amounted to -28.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+18.9% per year) and Malawi (0.0% per year).

In value terms, South Africa ($X) emerged as the key foreign market for machinery for finishing paper or paperboard exports from the United Arab Emirates, comprising 70% of total exports. The second position in the ranking was taken by Malawi ($X), with a 17% share of total exports. It was followed by Mozambique, with a 5.9% share.

From 2012 to 2021, the average annual growth rate of value to South Africa totaled -60.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malawi (+64.7% per year) and Mozambique (+1.7% per year).

Export Prices by Country

In 2021, the average finishing paper machinery export price amounted to $X per unit, with an increase of 10% against the previous year. Overall, the export price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of 328% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Malawi ($X per unit), while the average price for exports to Tanzania ($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 Senegal (+19.4%), while the prices for the other major destinations experienced mixed trend patterns.

Finishing Paper Machinery Imports

Imports into the United Arab Emirates

In 2021, finishing paper machinery imports into the United Arab Emirates soared to X units, jumping by 270% against the previous year. Overall, imports posted a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, finishing paper machinery imports skyrocketed to $X in 2021. Over the period under review, imports posted a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest finishing paper machinery supplier to the United Arab Emirates, with a 87% share of total imports. Moreover, finishing paper machinery imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), ninefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +47.0%.

In value terms, China ($X) constituted the largest supplier of machinery for finishing paper or paperboard to the United Arab Emirates, comprising 68% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to +23.7%.

Import Prices by Country

In 2021, the average finishing paper machinery import price amounted to $X per unit, dropping by -50.6% against the previous year. Overall, the import price continues to indicate a abrupt decline. The growth pace was the most rapid in 2015 when the average import price increased by 52% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.9%).

Source: IndexBox Platform

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