United Arab Emirates: Teleferics And Chair-Lifts Market 2024

Teleferics And Chair-Lifts Market Size in the United Arab Emirates

In 2022, the teleferics and chair-lifts market in the United Arab Emirates increased by 2.3% to $X, rising for the fifth consecutive year after three years of decline. Overall, consumption continues to indicate buoyant growth. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Teleferics And Chair-Lifts Production in the United Arab Emirates

In value terms, teleferics and chair-lifts production declined notably to $X in 2022 estimated in export price. Over the period under review, production saw a sharp curtailment. The pace of growth appeared the most rapid in 2019 when the production volume increased by 4.8%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Teleferics And Chair-Lifts Exports

Exports from the United Arab Emirates

In 2022, shipments abroad of teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars decreased by 0% to X units, falling for the second consecutive year after two years of decline. Over the period under review, exports saw a relatively flat trend pattern. The smallest decline of -50% was in 2019. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, teleferics and chair-lifts exports surged to $X in 2022. In general, exports enjoyed mild growth. The pace of growth was the most pronounced in 2017 with an increase of 489%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Nigeria (X units) was the main destination for teleferics and chair-lifts exports from the United Arab Emirates, with a approx. 50% share of total exports.

From 2014 to 2020, the average annual rate of growth in terms of volume to Nigeria was relatively modest.

In value terms, the largest markets for teleferics and chair-lifts exported from the United Arab Emirates were the United States ($X), Nigeria ($X) and Bahrain ($X), with a combined 58% share of total exports.

Bahrain, with a CAGR of +169.8%, saw the highest growth rate of 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

In 2022, the average teleferics and chair-lifts export price amounted to $X per unit, remaining stable against the previous year. Overall, the export price enjoyed a mild expansion. The growth pace was the most rapid in 2019 when the average export price increased by 147% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices failed to regain momentum.

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

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.3%), while the prices for the other major destinations experienced a decline.

Teleferics And Chair-Lifts Imports

Imports into the United Arab Emirates

In 2022, overseas purchases of teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars decreased by 0% to X units, falling for the second year in a row after two years of decline. Over the period under review, imports recorded a prominent expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 250% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, teleferics and chair-lifts imports soared to $X in 2022. In general, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,313%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X units) and Kuwait (X units) were the main suppliers of teleferics and chair-lifts imports to the United Arab Emirates.

From 2013 to 2022, the biggest increases were recorded for Kuwait (with a CAGR of 0.0%).

In value terms, Germany ($X) constituted the largest supplier of teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars to the United Arab Emirates, comprising 52% of total imports. The second position in the ranking was taken by the United States ($X), with a 6.4% share of total imports. It was followed by Kuwait, with a 4% share.

From 2013 to 2022, the average annual growth rate of value from Germany amounted to +62.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+21.1% per year) and Kuwait (+60.4% per year).

Import Prices by Country

The average teleferics and chair-lifts import price stood at $X per unit in 2022, approximately mirroring the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 102%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, 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 India ($X per unit), while the price for Kuwait ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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