United Arab Emirates: Paper Making Machinery Market 2024

Paper Making Machinery Market Size in the United Arab Emirates

The paper making machinery market in the United Arab Emirates skyrocketed to $X in 2021, picking up by 28% 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 increase. Paper making machinery consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Paper Making Machinery Exports

Exports from the United Arab Emirates

After three years of decline, overseas shipments of machinery for making up paper pulp, paper or paperboard increased by 414% to X units in 2021. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of 670%. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, paper making machinery exports surged to $X in 2021. In general, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2016 when exports increased by 824% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Zambia (X units) was the main destination for paper making machinery exports from the United Arab Emirates, with a 79% share of total exports. Moreover, paper making machinery exports to Zambia exceeded the volume sent to the second major destination, the Netherlands (X units), sixfold. Oman (X units) ranked third in terms of total exports with a 1.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Zambia stood at +40.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+123.6% per year) and Oman (-12.8% per year).

In value terms, Zambia ($X), the Netherlands ($X) and Germany ($X) constituted the largest markets for paper making machinery exported from the United Arab Emirates worldwide, together comprising 93% of total exports.

The Netherlands, with a CAGR of +161.3%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average paper making machinery export price stood at $X per unit in 2021, growing by 2.6% against the previous year. In general, the export price, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 78% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Zambia ($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 the Netherlands (+23.2%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Making Machinery Imports

Imports into the United Arab Emirates

In 2021, paper making machinery imports into the United Arab Emirates soared to X units, with an increase of 33% compared with the previous year. In general, imports recorded strong growth. The pace of growth appeared the most rapid in 2013 when imports increased by 146% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, paper making machinery imports soared to $X in 2021. Over the period under review, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2018 when imports increased by 143% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), Italy (X units) and Lebanon (X units) were the main suppliers of paper making machinery imports to the United Arab Emirates, with a combined 71% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Lebanon (with a CAGR of +47.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest paper making machinery suppliers to the United Arab Emirates were Italy ($X), Lebanon ($X) and China ($X), with a combined 58% share of total imports.

Lebanon, with a CAGR of +72.5%, saw the highest rates of growth with regard to 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

The average paper making machinery import price stood at $X per unit in 2021, with an increase of 30% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 50% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+74.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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