United Arab Emirates: Mobile Lifting Frame Market 2024

Mobile Lifting Frame Market Size in the United Arab Emirates

The mobile lifting frame market in the United Arab Emirates fell sharply to $X in 2021, declining by -48.9% against the previous year. In general, consumption faced a abrupt contraction. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Mobile Lifting Frame Production in the United Arab Emirates

In value terms, mobile lifting frame production surged to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a drastic downturn. Mobile lifting frame production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Mobile Lifting Frame Exports

Exports from the United Arab Emirates

Mobile lifting frame exports from the United Arab Emirates reduced rapidly to X units in 2021, with a decrease of -75.7% on 2020 figures. Overall, exports showed a significant decrease. The most prominent rate of growth was recorded in 2018 with an increase of 270%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, mobile lifting frame exports declined significantly to $X in 2021. Over the period under review, exports recorded a sharp slump. The most prominent rate of growth was recorded in 2018 with an increase of 268%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Zimbabwe (X units), Oman (X units) and Indonesia (X units) were the main destinations of mobile lifting frame exports from the United Arab Emirates, together comprising 1% of total exports. These countries were followed by Saudi Arabia and Lebanon, which together accounted for a further 0.1%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lebanon (with a CAGR of +20.4%), while the other leaders experienced mixed trend patterns.

In value terms, Zimbabwe ($X) emerged as the key foreign market for mobile lifting frames on tyres and straddle carriers exports from the United Arab Emirates, comprising 61% of total exports. The second position in the ranking was taken by Oman ($X), with a 23% share of total exports. It was followed by Saudi Arabia, with an 8.3% share.

From 2012 to 2021, the average annual growth rate of value to Zimbabwe stood at -52.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (-28.8% per year) and Saudi Arabia (-41.6% per year).

Export Prices by Country

The average mobile lifting frame export price stood at $X per unit in 2021, growing by 87% against the previous year. Over the period under review, the export price enjoyed buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Zimbabwe ($X per unit), while the average price for exports to Indonesia ($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 (+20.5%), while the prices for the other major destinations experienced mixed trend patterns.

Mobile Lifting Frame Imports

Imports into the United Arab Emirates

In 2021, mobile lifting frame imports into the United Arab Emirates reduced notably to X units, with a decrease of -90.3% on the year before. Over the period under review, imports faced a precipitous contraction. The pace of growth was the most pronounced in 2020 when imports increased by 190%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, mobile lifting frame imports declined rapidly to $X in 2021. In general, imports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 263% against the previous year. As a result, imports attained the peak of $X, and then contracted sharply in the following year.

Imports by Country

In 2021, Saudi Arabia (X units) constituted the largest supplier of mobile lifting frame to the United Arab Emirates, with a 0.5% share of total imports. Moreover, mobile lifting frame imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. Oman (X units) ranked third in terms of total imports with a 0.1% share.

From 2012 to 2021, the average annual growth rate of volume from Saudi Arabia stood at +51.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+13.4% per year) and Oman (+14.9% per year).

In value terms, the United States ($X) constituted the largest supplier of mobile lifting frames on tyres and straddle carriers to the United Arab Emirates, comprising 35% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 15% share of total imports. It was followed by Oman, with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+50.7% per year) and Oman (+0.2% per year).

Import Prices by Country

The average mobile lifting frame import price stood at $X per unit in 2021, surging by 6.9% against the previous year. In general, the import price showed a noticeable increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 97%. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+179.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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