United Arab Emirates: Pump For Liquid Market 2024

Pump For Liquid Market Size in the United Arab Emirates

In 2021, the pump for liquid market in the United Arab Emirates increased by 71% to $X, rising for the third year in a row after three years of decline. In general, consumption showed a buoyant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Pump For Liquid Exports

Exports from the United Arab Emirates

In 2021, overseas shipments of pumps for liquids and liquid elevators increased by 19% to X units, rising for the second year in a row after two years of decline. In general, total exports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +35.8% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 94% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, pump for liquid exports soared to $X in 2021. Over the period under review, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of 113%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Oman (X units) was the main destination for pump for liquid exports from the United Arab Emirates, accounting for a 50% share of total exports. Moreover, pump for liquid exports to Oman exceeded the volume sent to the second major destination, Saudi Arabia (X units), fivefold. The third position in this ranking was taken by Zimbabwe (X units), with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Oman totaled +12.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+16.3% per year) and Zimbabwe (+15.3% per year).

In value terms, Oman ($X) remains the key foreign market for pumps for liquids and liquid elevators exports from the United Arab Emirates, comprising 42% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 7.3% share of total exports. It was followed by Egypt, with a 7.1% share.

From 2012 to 2021, the average annual growth rate of value to Oman totaled +13.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+9.6% per year) and Egypt (+21.5% per year).

Export Prices by Country

The average pump for liquid export price stood at $X per unit in 2021, with an increase of 3.4% against the previous year. In general, export price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, pump for liquid export price decreased by -14.6% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of 26% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($X per unit), while the average price for exports to Zimbabwe ($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 Tanzania (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

Pump For Liquid Imports

Imports into the United Arab Emirates

In 2021, approx. X units of pumps for liquids and liquid elevators were imported into the United Arab Emirates; with an increase of 82% against the year before. In general, imports continue to indicate a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, pump for liquid imports soared to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest pump for liquid supplier to the United Arab Emirates, accounting for a 25% share of total imports. Moreover, pump for liquid imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. Japan (X units) ranked third in terms of total imports with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.7% per year) and Japan (-1.7% per year).

In value terms, China ($X) constituted the largest supplier of pumps for liquids and liquid elevators to the United Arab Emirates, comprising 22% of total imports. The second position in the ranking was held by the United States ($X), with a 10% 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 totaled +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.7% per year) and Germany (-2.7% per year).

Import Prices by Country

In 2021, the average pump for liquid import price amounted to $X per unit, reducing by -26.6% against the previous year. In general, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 49%. The import price peaked at $X per unit in 2012; however, from 2013 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 the United States ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform