United Arab Emirates: Parachute Market 2025

Parachute Market Size in the United Arab Emirates

After two years of decline, the parachute market in the United Arab Emirates increased by 36% to $X in 2021. Overall, consumption recorded a notable expansion. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Parachute Production in the United Arab Emirates

In value terms, parachute production shrank markedly to $X in 2021 estimated in export price. Over the period under review, production recorded a noticeable descent. The most prominent rate of growth was recorded in 2017 when the production volume decreased by -3.2%. Parachute production peaked at $X in 2020, and then dropped significantly in the following year.

Parachute Exports

Exports from the United Arab Emirates

In 2021, approx. X kg of parachutes and rotochutes were exported from the United Arab Emirates; with a decrease of -22.1% on the year before. Overall, exports, however, showed a modest increase. The pace of growth appeared the most rapid in 2016 when exports increased by 629%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, parachute exports contracted markedly to $X in 2021. Over the period under review, exports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 596%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Oman (X kg) was the main destination for parachute exports from the United Arab Emirates, with a 87% share of total exports. Moreover, parachute exports to Oman exceeded the volume sent to the second major destination, Germany (X kg), ninefold.

From 2012 to 2021, the average annual growth rate of volume to Oman totaled +61.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+24.1% per year) and China (0.0% per year).

In value terms, Oman ($X) remains the key foreign market for parachutes and rotochutes exports from the United Arab Emirates, comprising 87% of total exports. The second position in the ranking was taken by Germany ($X), with a 2.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Oman stood at +63.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+11.8% per year) and China (0.0% per year).

Export Prices by Country

The average parachute export price stood at $X per ton in 2021, dropping by -13% against the previous year. Over the period under review, the export price, however, showed a strong increase. The pace of growth was the most pronounced in 2018 an increase of 102%. The export price peaked at $X per ton in 2020, and then shrank in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Oman ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+1.3%), while the prices for the other major destinations experienced a decline.

Parachute Imports

Imports into the United Arab Emirates

In 2021, supplies from abroad of parachutes and rotochutes increased by 227% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports showed a buoyant increase. The pace of growth appeared the most rapid in 2013 with an increase of 311%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, parachute imports surged to $X in 2021. Over the period under review, imports saw a strong expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 568%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

The United States (X tons), France (X tons) and Germany (X tons) were the main suppliers of parachute imports to the United Arab Emirates, together comprising 35% of total imports. Vietnam, the UK, Italy, Turkey, New Zealand, Hong Kong SAR, Sri Lanka, Poland and Estonia lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +46.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest parachute suppliers to the United Arab Emirates were the United States ($X), the UK ($X) and Germany ($X), with a combined 49% share of total imports.

The UK, with a CAGR of +58.1%, recorded 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

In 2021, the average parachute import price amounted to $X per ton, declining by -4.2% against the previous year. Over the last nine years, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2013 when the average import price increased by 62%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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