United Arab Emirates: Manostat Market 2024

Manostat Market Size in the United Arab Emirates

The manostat market in the United Arab Emirates expanded to $X in 2022, increasing by 4% 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). Over the period under review, consumption posted a prominent increase. Manostat consumption peaked in 2022 and is likely to see steady growth in the near future.

Manostat Exports

Exports from the United Arab Emirates

In 2022, overseas shipments of manostats increased by 53% to X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2014 with an increase of 120%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, manostat exports skyrocketed to $X in 2022. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 138% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

India (X units), Denmark (X units) and Italy (X units) were the main destinations of manostat exports from the United Arab Emirates, with a combined 31% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +113.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X) emerged as the key foreign market for manostats exports from the United Arab Emirates, comprising 28% of total exports. The second position in the ranking was taken by Denmark ($X), with a 7.5% share of total exports. It was followed by Germany, with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to India totaled +25.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+169.7% per year) and Germany (+14.2% per year).

Export Prices by Country

In 2022, the average manostat export price amounted to $X per unit, shrinking by -20.6% against the previous year. In general, the export price showed a deep slump. The pace of growth appeared the most rapid in 2016 when the average export price increased by 72%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per unit), while the average price for exports to Sweden ($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 Qatar (+62.2%), while the prices for the other major destinations experienced more modest paces of growth.

Manostat Imports

Imports into the United Arab Emirates

In 2022, manostat imports into the United Arab Emirates was estimated at X units, surging by 6.8% on the previous year. Overall, imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2019 with an increase of 67%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, manostat imports rose slightly to $X in 2022. In general, imports continue to indicate a noticeable expansion. The growth pace was the most rapid in 2019 with an increase of 72% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Denmark (X units) and Italy (X units) were the main suppliers of manostat imports to the United Arab Emirates, together accounting for 54% of total imports. Slovakia, India, the UK, Germany, the United States and France lagged somewhat behind, together comprising a further 17%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +64.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest manostat suppliers to the United Arab Emirates were Denmark ($X), Germany ($X) and China ($X), together accounting for 30% of total imports. The UK, Italy, India, Slovakia, the United States and France lagged somewhat behind, together accounting for a further 24%.

Slovakia, with a CAGR of +63.7%, saw 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 manostat import price amounted to $X per unit, shrinking by -4.9% against the previous year. Over the period under review, the import price showed a pronounced curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by 49% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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