United Arab Emirates: Market for Vacuum Cleaners With Motor 2024

Market Size for Vacuum Cleaners With Motor in the United Arab Emirates

For the third consecutive year, the vacuum cleaner with motor market in the United Arab Emirates recorded growth in sales value, which increased by 33% to $X in 2021. Overall, consumption continues to indicate a resilient expansion. Vacuum cleaner with motor consumption peaked in 2021 and is likely to see gradual growth in the near future.

Exports of Vacuum Cleaners With Motor

Exports from the United Arab Emirates

In 2021, overseas shipments of vacuum cleaners with motor increased by 9.7% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports recorded pronounced growth. The most prominent rate of growth was recorded in 2016 with an increase of 53% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, vacuum cleaner with motor exports expanded rapidly to $X in 2021. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 136%. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

Oman (X tons), Hong Kong SAR (X tons) and Israel (X tons) were the main destinations of vacuum cleaner with motor exports from the United Arab Emirates, together comprising 81% of total exports. The Netherlands and Georgia lagged somewhat behind, together accounting for a further 6.6%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +144.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for vacuum cleaner with motor exported from the United Arab Emirates were Oman ($X), Hong Kong SAR ($X) and Israel ($X), with a combined 88% share of total exports. The Netherlands and Georgia lagged somewhat behind, together accounting for a further 3.8%.

The Netherlands, with a CAGR of +133.4%, 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 more modest paces of growth.

Export Prices by Country

In 2021, the average vacuum cleaner with motor export price amounted to $X per ton, surging by 3.9% against the previous year. In general, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 55%. The export price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to the Netherlands ($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 Nigeria (+31.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vacuum Cleaners With Motor

Imports into the United Arab Emirates

For the third year in a row, the United Arab Emirates recorded growth in purchases abroad of vacuum cleaners with motor, which increased by 15% to X tons in 2021. Overall, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +67.1% against 2018 indices. The growth pace was the most rapid in 2020 with an increase of 36% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, vacuum cleaner with motor imports skyrocketed to $X in 2021. Over the period under review, imports posted buoyant growth. The pace of growth was the most pronounced in 2014 when imports increased by 47% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest vacuum cleaner with motor supplier to the United Arab Emirates, with a 40% share of total imports. Moreover, vacuum cleaner with motor imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), fourfold. The third position in this ranking was held by Turkey (X tons), with a 5.9% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+13.2% per year) and Turkey (+27.0% per year).

In value terms, China ($X) constituted the largest supplier of vacuum cleaners with motor to the United Arab Emirates, comprising 24% of total imports. The second position in the ranking was taken by Thailand ($X), with a 12% share of total imports. It was followed by Turkey, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+13.8% per year) and Turkey (+37.7% per year).

Import Prices by Country

The average vacuum cleaner with motor import price stood at $X per ton in 2021, increasing by 17% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Hong Kong SAR ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :