United Arab Emirates: Pliers And Pincers Market 2025

Pliers And Pincers Market Size in the United Arab Emirates

The pliers and pincers market in the United Arab Emirates soared to $X in 2021, rising by 57% 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 saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Pliers And Pincers Exports

Exports from the United Arab Emirates

In 2021, pliers and pincers exports from the United Arab Emirates expanded slightly to X tons, rising by 2.5% on the previous year. Overall, exports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2017 when exports increased by 50%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, pliers and pincers exports declined modestly to $X in 2021. Over the period under review, exports saw a resilient expansion. The pace of growth appeared the most rapid in 2013 with an increase of 107%. Over the period under review, the exports attained the maximum at $X in 2020, and then shrank modestly in the following year.

Exports by Country

Oman (X tons) was the main destination for pliers and pincers exports from the United Arab Emirates, with a 72% share of total exports. Moreover, pliers and pincers exports to Oman exceeded the volume sent to the second major destination, Rwanda (X tons), more than tenfold. Tanzania (X tons) ranked third in terms of total exports with a 2.6% share.

From 2012 to 2021, the average annual growth rate of volume to Oman stood at +30.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (-1.6% per year) and Tanzania (-22.5% per year).

In value terms, Oman ($X) remains the key foreign market for pliers, pincers and tweezers for nonmedical use exports from the United Arab Emirates, comprising 61% of total exports. The second position in the ranking was taken by India ($X), with a 22% share of total exports. It was followed by Angola, with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Oman stood at +24.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+76.1% per year) and Angola (-3.2% per year).

Export Prices by Country

The average pliers and pincers export price stood at $X per ton in 2021, falling by -6% against the previous year. Overall, the export price, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2013 an increase of 159%. The export price peaked at $X per ton in 2020, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Burundi ($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 India (+26.6%), while the prices for the other major destinations experienced more modest paces of growth.

Pliers And Pincers Imports

Imports into the United Arab Emirates

For the third consecutive year, the United Arab Emirates recorded growth in supplies from abroad of pliers, pincers and tweezers for nonmedical use, which increased by 49% to X tons in 2021. In general, imports, however, showed a slight contraction. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, pliers and pincers imports surged to $X in 2021. Over the period under review, total imports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +80.7% against 2018 indices. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of pliers and pincers to the United Arab Emirates, accounting for a 66% share of total imports. Moreover, pliers and pincers imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a 1.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (-3.7% per year) and Germany (-1.2% per year).

In value terms, China ($X) constituted the largest supplier of pliers, pincers and tweezers for nonmedical use to the United Arab Emirates, comprising 60% of total imports. The second position in the ranking was held by India ($X), with a 13% share of total imports. It was followed by Germany, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-1.6% per year) and Germany (-0.0% per year).

Import Prices by Country

The average pliers and pincers import price stood at $X per ton in 2021, picking up by 4.5% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.1%. The pace of growth appeared the most rapid in 2015 when the average import price increased by 24% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :