United Arab Emirates: Steam Blasting Machine Market 2024

Steam Blasting Machine Market Size in the United Arab Emirates

In 2021, after two years of growth, there was significant decline in the steam blasting machine market in the United Arab Emirates, when its value decreased by -37.8% to $X. Overall, the total consumption indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Steam blasting machine consumption peaked at $X in 2020, and then reduced rapidly in the following year.

Steam Blasting Machine Exports

Exports from the United Arab Emirates

Steam blasting machine exports from the United Arab Emirates soared to X units in 2021, picking up by 167% against 2020 figures. In general, exports, however, continue to indicate a perceptible slump. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, steam blasting machine exports surged to $X in 2021. Overall, exports, however, saw a mild curtailment. The growth pace was the most rapid in 2014 when exports increased by 156%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Oman (X units), the UK (X units) and India (X units) were the main destinations of steam blasting machine exports from the United Arab Emirates, together comprising 58% of total exports. These countries were followed by Thailand, Saudi Arabia, Romania and Kuwait, which together accounted for a further 22%.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +425.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Oman ($X) remains the key foreign market for steam or sand blasting machines and similar jet-projecting machines exports from the United Arab Emirates, comprising 45% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 12% share of total exports. It was followed by India, with a 9% share.

From 2012 to 2021, the average annual growth rate of value to Oman amounted to +11.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+13.1% per year) and India (-20.6% per year).

Export Prices by Country

In 2021, the average steam blasting machine export price amounted to $X per unit, waning by -19.9% against the previous year. Over the period under review, the export price, however, saw a mild increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 109%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2018; however, from 2019 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 Kuwait ($X per unit), while the average price for exports to the UK ($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 Iran (+35.5%), while the prices for the other major destinations experienced more modest paces of growth.

Steam Blasting Machine Imports

Imports into the United Arab Emirates

Steam blasting machine imports into the United Arab Emirates declined rapidly to X units in 2021, dropping by -34.9% on the previous year's figure. Over the period under review, total imports indicated a measured expansion from 2012 to 2021: its volume increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when imports increased by 45% against the previous year. Imports peaked at X units in 2020, and then dropped notably in the following year.

In value terms, steam blasting machine imports dropped to $X in 2021. Overall, imports saw a noticeable decline. The growth pace was the most rapid in 2016 when imports increased by 18% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest steam blasting machine supplier to the United Arab Emirates, with a 55% share of total imports. Moreover, steam blasting machine imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. The Netherlands (X units) 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 stood at +12.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-10.2% per year) and the Netherlands (+17.1% per year).

In value terms, the largest steam blasting machine suppliers to the United Arab Emirates were Germany ($X), China ($X) and Italy ($X), together accounting for 50% of total imports.

In terms of the main suppliers, China, with a CAGR of +2.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average steam blasting machine import price stood at $X per unit in 2021, rising by 41% against the previous year. In general, the import price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2016 when the average import price increased by 55%. 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, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for China ($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 (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :