United Arab Emirates: Non-Hydraulic Press Market 2024

Non-Hydraulic Press Market Size in the United Arab Emirates

The non-hydraulic press market in the United Arab Emirates reduced to $X in 2021, dropping by -4.8% 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, however, showed a strong increase. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Non-Hydraulic Press Exports

Exports from the United Arab Emirates

In 2021, after two years of decline, there was growth in shipments abroad of non-hydraulic presses for working metal, when their volume increased by 4.6% to X units. Overall, exports, however, saw a deep reduction. The pace of growth appeared the most rapid in 2017 with an increase of 810% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, non-hydraulic press exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of 794% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

India (X units) was the main destination for non-hydraulic press exports from the United Arab Emirates, with a 93% share of total exports. Moreover, non-hydraulic press exports to India exceeded the volume sent to the second major destination, Kuwait (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to India stood at -7.1%.

In value terms, Kuwait ($X) emerged as the key foreign market for non-hydraulic presses for working metal exports from the United Arab Emirates, comprising 19% of total exports. The second position in the ranking was taken by India ($X), with a 4.7% share of total exports. It was followed by Democratic Republic of the Congo, with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Kuwait stood at +50.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-5.0% per year) and Democratic Republic of the Congo (+61.7% per year).

Export Prices by Country

The average non-hydraulic press export price stood at $X per unit in 2021, increasing by 78% against the previous year. Overall, the export price, however, recorded a perceptible decline. The growth pace was the most rapid in 2020 when the average export price increased by 126% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 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 Mozambique ($X per unit), while the average price for exports to India ($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 Mozambique (+256.4%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Hydraulic Press Imports

Imports into the United Arab Emirates

Non-hydraulic press imports into the United Arab Emirates contracted slightly to X units in 2021, reducing by -3.8% on the previous year. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 4,148% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, non-hydraulic press imports skyrocketed to $X in 2021. Over the period under review, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 168%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Australia (X units) constituted the largest non-hydraulic press supplier to the United Arab Emirates, accounting for a 57% share of total imports. Moreover, non-hydraulic press imports from Australia exceeded the figures recorded by the second-largest supplier, Italy (X units), sixfold. The third position in this ranking was held by Spain (X units), with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume from Australia totaled +38.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+23.9% per year) and Spain (+22.4% per year).

In value terms, China ($X) constituted the largest supplier of non-hydraulic presses for working metal to the United Arab Emirates, comprising 16% of total imports. The second position in the ranking was taken by Italy ($X), with a 4.4% share of total imports. It was followed by the Netherlands, with a 1.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-0.7% per year) and the Netherlands (+47.8% per year).

Import Prices by Country

The average non-hydraulic press import price stood at $X per unit in 2021, with an increase of 21% against the previous year. Over the period under review, the import price, however, faced a abrupt contraction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 233% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (-5.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :