United Arab Emirates: Optical Telescope Market 2025

Optical Telescope Market Size in the United Arab Emirates

The optical telescope market in the United Arab Emirates dropped rapidly to $X in 2021, shrinking by -55.1% against the previous year. Over the period under review, consumption showed a noticeable reduction. As a result, consumption reached the peak level of $X, and then reduced notably in the following year.

Optical Telescope Production in the United Arab Emirates

In value terms, optical telescope production fell to $X in 2021 estimated in export price. Overall, production showed a perceptible shrinkage. The growth pace was the most rapid in 2018 when the production volume increased by 34% against the previous year. Optical telescope production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Optical Telescope Exports

Exports from the United Arab Emirates

Optical telescope exports from the United Arab Emirates soared to X units in 2021, picking up by 96% against 2020. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 421%. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, optical telescope exports soared to $X in 2021. In general, exports continue to indicate significant growth. 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

Oman (X units), Switzerland (X units) and India (X units) were the main destinations of optical telescope exports from the United Arab Emirates, together accounting for 89% of total exports.

From 2012 to 2021, the biggest increases were in Oman (with a CAGR of +112.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for optical telescope exported from the United Arab Emirates were Oman ($X), Switzerland ($X) and India ($X), together comprising 85% of total exports.

Oman, with a CAGR of +244.4%, recorded the highest rates of growth with regard to 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 optical telescope export price stood at $X per unit in 2021, increasing by 156% against the previous year. Over the period under review, the export price enjoyed a perceptible expansion. The pace of growth was the most pronounced in 2018 an increase of 328%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the UK ($X per unit), while the average price for exports to India ($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 Oman (+61.8%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Telescope Imports

Imports into the United Arab Emirates

In 2021, optical telescope imports into the United Arab Emirates shrank notably to X units, with a decrease of -88.8% against the previous year. Over the period under review, imports recorded a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 598%. As a result, imports attained the peak of X units, and then contracted remarkably in the following year.

In value terms, optical telescope imports fell remarkably to $X in 2021. Overall, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2013 when imports increased by 310% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of optical telescope to the United Arab Emirates, accounting for a 66% share of total imports. Moreover, optical telescope imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold. The third position in this ranking was held by Poland (X units), with an 8% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-2.9% per year) and Poland (+79.4% per year).

In value terms, the largest optical telescope suppliers to the United Arab Emirates were the United States ($X), China ($X) and Poland ($X), together accounting for 76% of total imports.

Among the main suppliers, Poland, with a CAGR of +83.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average optical telescope import price stood at $X per unit in 2021, picking up by 125% against the previous year. Over the period under review, the import price, however, recorded a mild decrease. The pace of growth was the most pronounced in 2019 when the average import price increased by 141%. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per unit), while the price for Mauritius ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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