United Arab Emirates: Super-Heated Water Boiler Market 2024

Super-Heated Water Boiler Market Size in the United Arab Emirates

In 2021, the super-heated water boiler market in the United Arab Emirates decreased by -21% to $X for the first time since 2018, thus ending a two-year rising trend. In general, the total consumption indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2020, and then reduced markedly in the following year.

Super-Heated Water Boiler Production in the United Arab Emirates

In value terms, super-heated water boiler production soared to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a perceptible shrinkage. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Super-Heated Water Boiler Exports

Exports from the United Arab Emirates

In 2021, overseas shipments of super-heated water boilers decreased by -39.6% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2014 when exports increased by 330% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, super-heated water boiler exports dropped remarkably to $X in 2021. Overall, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2014 when exports increased by 186% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Malaysia (X tons) was the main destination for super-heated water boiler exports from the United Arab Emirates, with a 76% share of total exports. Moreover, super-heated water boiler exports to Malaysia exceeded the volume sent to the second major destination, Singapore (X tons), fourfold. Oman (X tons) ranked third in terms of total exports with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Malaysia amounted to +2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (-21.2% per year) and Oman (-35.0% per year).

In value terms, the largest markets for super-heated water boiler exported from the United Arab Emirates were Malaysia ($X), Singapore ($X) and Oman ($X), with a combined 97% share of total exports. These countries were followed by Comoros, which accounted for a further 2.1%.

Comoros, with a CAGR of +23.1%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average super-heated water boiler export price amounted to $X per ton, remaining constant against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average export price increased by 54%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Singapore ($X per ton), while the average price for exports to Malaysia ($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 Comoros (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Super-Heated Water Boiler Imports

Imports into the United Arab Emirates

In 2021, supplies from abroad of super-heated water boilers decreased by -66.7% to X tons for the first time since 2016, thus ending a four-year rising trend. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2018 when imports increased by 406% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020, and then shrank dramatically in the following year.

In value terms, super-heated water boiler imports dropped remarkably to $X in 2021. Overall, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 385% against the previous year. Imports peaked at $X in 2020, and then declined rapidly in the following year.

Imports by Country

In 2021, Belgium (X tons) constituted the largest supplier of super-heated water boiler to the United Arab Emirates, with a 85% share of total imports. Moreover, super-heated water boiler imports from Belgium exceeded the figures recorded by the second-largest supplier, the United States (X tons), sevenfold. China (X kg) ranked third in terms of total imports with a 1.1% share.

From 2012 to 2021, the average annual growth rate of volume from Belgium was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+76.2% per year) and China (-10.2% per year).

In value terms, Belgium ($X) constituted the largest supplier of super-heated water boilers to the United Arab Emirates, comprising 89% of total imports. The second position in the ranking was held by the United States ($X), with an 8.1% share of total imports. It was followed by India, with a 1% share.

From 2012 to 2021, the average annual growth rate of value from Belgium was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+76.5% per year) and India (-12.8% per year).

Import Prices by Country

In 2021, the average super-heated water boiler import price amounted to $X per ton, approximately mirroring the previous year. In general, the import price faced a abrupt decrease. The pace of growth appeared the most rapid in 2019 when the average import price increased by 172% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kuwait (+31.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :