United Arab Emirates: Straight Saw Blade Market 2024

Straight Saw Blade Market Size in the United Arab Emirates

The straight saw blade market in the United Arab Emirates surged to $X in 2021, rising by 110% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw noticeable growth. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Straight Saw Blade Exports

Exports from the United Arab Emirates

In 2021, the amount of straight saw blades for working metal exported from the United Arab Emirates soared to X tons, picking up by 118% compared with 2020 figures. Over the period under review, exports recorded a prominent increase. The pace of growth appeared the most rapid in 2019 with an increase of 190% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, straight saw blade exports soared to $X in 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 110%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Maldives (X tons) was the main destination for straight saw blade exports from the United Arab Emirates, with a 36% share of total exports. Moreover, straight saw blade exports to Maldives exceeded the volume sent to the second major destination, Saudi Arabia (X tons), threefold. The third position in this ranking was held by Iran (X tons), with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Maldives amounted to +106.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+31.2% per year) and Iran (-6.3% per year).

In value terms, the largest markets for straight saw blade exported from the United Arab Emirates were Saudi Arabia ($X), Maldives ($X) and Iraq ($X), with a combined 44% share of total exports.

Iraq, with a CAGR of +56.0%, recorded the highest growth rate of the value of exports, in terms of 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

In 2021, the average straight saw blade export price amounted to $X per ton, reducing by -36.7% against the previous year. Over the period under review, the export price faced a abrupt downturn. The pace of growth was the most pronounced in 2016 an increase of 50%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Mali ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mali (+31.6%), while the prices for the other major destinations experienced more modest paces of growth.

Straight Saw Blade Imports

Imports into the United Arab Emirates

In 2021, the amount of straight saw blades for working metal imported into the United Arab Emirates skyrocketed to X tons, increasing by 103% compared with the previous year. In general, imports recorded a slight increase. The most prominent rate of growth was recorded in 2019 with an increase of 323%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, straight saw blade imports soared to $X in 2021. Overall, imports enjoyed a moderate increase. The most prominent rate of growth was recorded in 2019 when imports increased by 326%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), Sweden (X tons) and Brazil (X tons) were the main suppliers of straight saw blade imports to the United Arab Emirates, with a combined 32% share of total imports. These countries were followed by the Netherlands, the United States, Singapore, Poland, Malaysia, France, India, Belgium and Taiwan (Chinese), which together accounted for a further 32%.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +107.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest straight saw blade suppliers to the United Arab Emirates were Sweden ($X), Brazil ($X) and the Netherlands ($X), together accounting for 36% of total imports. These countries were followed by Singapore, the United States, China, France, Taiwan (Chinese), India, Belgium, Poland and Malaysia, which together accounted for a further 23%.

Singapore, with a CAGR of +79.3%, saw the highest growth rate of 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

In 2021, the average straight saw blade import price amounted to $X per ton, growing by 4.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2017 an increase of 21%. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Singapore ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :