United Arab Emirates: Ship Propeller Market 2025

Ship Propeller Market Size in the United Arab Emirates

The ship propeller market in the United Arab Emirates rose significantly to $X in 2022, picking up by 8.5% against the previous year. Overall, consumption posted a strong increase. Ship propeller consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Ship Propeller Production in the United Arab Emirates

In value terms, ship propeller production reached $X in 2022 estimated in export price. Over the period under review, production, however, showed a deep reduction. The growth pace was the most rapid in 2019 when the production volume increased by 14%. Ship propeller production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Ship Propeller Exports

Exports from the United Arab Emirates

In 2022, exports of ships’ or boats’ propellers and blades therefor from the United Arab Emirates skyrocketed to X tons, with an increase of 19% compared with the previous year's figure. Over the period under review, exports, however, showed a mild shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 125% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, ship propeller exports declined slightly to $X in 2022. Overall, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 69%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons), Canada (X tons) and the UK (X tons) were the main destinations of ship propeller exports from the United Arab Emirates, with a combined 85% share of total exports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +76.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Canada ($X) and the UK ($X) appeared to be the largest markets for ship propeller exported from the United Arab Emirates worldwide, with a combined 92% share of total exports.

India, with a CAGR of +41.6%, recorded the highest rates of growth with regard to the value of exports, among 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 ship propeller export price stood at $X per ton in 2022, dropping by -16.5% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when the average export price increased by 87% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+365.6%), while the prices for the other major destinations experienced more modest paces of growth.

Ship Propeller Imports

Imports into the United Arab Emirates

In 2022, approx. X tons of ships’ or boats’ propellers and blades therefor were imported into the United Arab Emirates; with an increase of 5.7% compared with the previous year's figure. In general, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2019 with an increase of 114%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, ship propeller imports soared to $X in 2022. Over the period under review, imports, however, continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2020 with an increase of 298%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), Singapore (X tons) and China (X tons) were the main suppliers of ship propeller imports to the United Arab Emirates, with a combined 38% share of total imports. India, Norway, the Philippines and the Netherlands lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of +56.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ship propeller suppliers to the United Arab Emirates were Germany ($X), India ($X) and Singapore ($X), with a combined 37% share of total imports. China, the Philippines, the Netherlands and Norway lagged somewhat behind, together comprising a further 16%.

The Philippines, with a CAGR of +40.0%, saw 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

The average ship propeller import price stood at $X per ton in 2022, rising by 23% against the previous year. Over the period under review, the import price, however, saw a abrupt slump. The growth pace was the most rapid in 2020 when the average import price increased by 216%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Philippines ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+16.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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