United Arab Emirates: Wood Slicing Machine Market 2024

Wood Slicing Machine Market Size in the United Arab Emirates

The wood slicing machine market in the United Arab Emirates surged to $X in 2021, increasing by 23% against the previous year. In general, consumption continues to indicate buoyant growth. Wood slicing machine consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Wood Slicing Machine Production in the United Arab Emirates

In value terms, wood slicing machine production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production saw prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 117% against the previous year. Wood slicing machine production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Wood Slicing Machine Exports

Exports from the United Arab Emirates

In 2021, the amount of splitting, slicing or paring machines exported from the United Arab Emirates reduced to X units, waning by -6.1% on the previous year's figure. In general, exports, however, posted a moderate expansion. The most prominent rate of growth was recorded in 2016 with an increase of 242%. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, wood slicing machine exports rose sharply to $X in 2021. Overall, exports, however, posted a noticeable expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 102%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Oman (X units) was the main destination for wood slicing machine exports from the United Arab Emirates, with a 97% share of total exports. Moreover, wood slicing machine exports to Oman exceeded the volume sent to the second major destination, Saudi Arabia (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Oman stood at +13.0%.

In value terms, Oman ($X) remains the key foreign market for splitting, slicing or paring machines exports from the United Arab Emirates, comprising 97% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 2.1% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Oman stood at +19.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-45.0% per year) and Seychelles (+14.2% per year).

Export Prices by Country

In 2021, the average wood slicing machine export price amounted to $X per unit, jumping by 18% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 341% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Oman ($X per unit), while the average price for exports to Seychelles ($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 Seychelles (+26.9%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Slicing Machine Imports

Imports into the United Arab Emirates

In 2021, approx. X units of splitting, slicing or paring machines were imported into the United Arab Emirates; reducing by -41.4% against the previous year. Overall, imports, however, recorded a prominent increase. The growth pace was the most rapid in 2019 when imports increased by 165%. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, wood slicing machine imports dropped sharply to $X in 2021. In general, imports, however, saw a pronounced expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 77%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest wood slicing machine supplier to the United Arab Emirates, with a 37% share of total imports. Moreover, wood slicing machine imports from China exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X units), twofold. Lithuania (X units) ranked third in terms of total imports with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +15.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+91.3% per year) and Lithuania (0.0% per year).

In value terms, China ($X) constituted the largest supplier of splitting, slicing or paring machines to the United Arab Emirates, comprising 50% of total imports. The second position in the ranking was taken by Italy ($X), with a 17% share of total imports. It was followed by Saudi Arabia, with a 5.4% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +23.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+8.8% per year) and Saudi Arabia (+86.6% per year).

Import Prices by Country

In 2021, the average wood slicing machine import price amounted to $X per unit, with a decrease of -5.5% against the previous year. Overall, the import price recorded a abrupt slump. The pace of growth was the most pronounced in 2020 when the average import price increased by 116%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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