United Arab Emirates: Metal Sawing Machine Market 2024

Metal Sawing Machine Market Size in the United Arab Emirates

In 2021, the metal sawing machine market in the United Arab Emirates increased by 58% to $X, rising for the second year in a row after five years of decline. Overall, consumption continues to indicate measured growth. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Metal Sawing Machine Exports

Exports from the United Arab Emirates

In 2021, approx. X units of sawing or cutting-off machines for working metal were exported from the United Arab Emirates; picking up by 16% against the previous year. Over the period under review, exports, however, saw a abrupt contraction. The growth pace was the most rapid in 2017 with an increase of 235% against the previous year. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, metal sawing machine exports declined to $X in 2021. In general, exports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2017 when exports increased by 165%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Oman (X units) was the main destination for metal sawing machine exports from the United Arab Emirates, accounting for a 77% share of total exports. Moreover, metal sawing machine exports to Oman exceeded the volume sent to the second major destination, Maldives (X units), more than tenfold. India (X units) ranked third in terms of total exports with a 3.5% share.

From 2012 to 2021, the average annual growth rate of volume to Oman was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (+26.6% per year) and India (+6.2% per year).

In value terms, Oman ($X) remains the key foreign market for sawing or cutting-off machines for working metal exports from the United Arab Emirates, comprising 75% of total exports. The second position in the ranking was taken by India ($X), with a 7.1% share of total exports. It was followed by the United States, with a 2.9% share.

From 2012 to 2021, the average annual growth rate of value to Oman was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-6.5% per year) and the United States (-13.0% per year).

Export Prices by Country

In 2021, the average metal sawing machine export price amounted to $X per unit, dropping by -16.5% against the previous year. Over the period under review, the export price, however, recorded a slight increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 34% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was India ($X per unit), while the average price for exports to Angola ($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 Sudan (+29.0%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Sawing Machine Imports

Imports into the United Arab Emirates

In 2021, overseas purchases of sawing or cutting-off machines for working metal increased by 55% to X units, rising for the second year in a row after five years of decline. In general, total imports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +3.5% 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 +112.6% against 2019 indices. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, metal sawing machine imports skyrocketed to $X in 2021. Overall, imports, however, recorded a mild decrease. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of metal sawing machine to the United Arab Emirates, accounting for a 94% share of total imports. It was followed by Taiwan (Chinese) (X units), with a 1.1% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China totaled +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-10.6% per year) and Germany (-8.6% per year).

In value terms, China ($X) constituted the largest supplier of sawing or cutting-off machines for working metal to the United Arab Emirates, comprising 49% of total imports. The second position in the ranking was held by Germany ($X), with a 3.7% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.8% per year) and Taiwan (Chinese) (-10.1% per year).

Import Prices by Country

In 2021, the average metal sawing machine import price amounted to $X per unit, increasing by 12% against the previous year. Over the period under review, the import price, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 19% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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