United Arab Emirates: Vapour Generating Boiler Market 2024

Vapour Generating Boiler Market Size in the United Arab Emirates

The vapour generating boiler market in the United Arab Emirates contracted rapidly to $X in 2021, which is down by -46.5% against the previous year. In general, consumption saw a deep reduction. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Vapour Generating Boiler Production in the United Arab Emirates

In value terms, vapour generating boiler production contracted significantly to $X in 2021 estimated in export price. Overall, production recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by 8,714%. Vapour generating boiler production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Vapour Generating Boiler Exports

Exports from the United Arab Emirates

In 2021, the amount of vapour generating boilers exported from the United Arab Emirates fell significantly to X tons, which is down by -16.1% compared with 2020. In general, exports, however, posted resilient growth. The growth pace was the most rapid in 2013 when exports increased by 898%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, vapour generating boiler exports surged to $X in 2021. Over the period under review, exports, however, posted a strong expansion. The growth pace was the most rapid in 2013 when exports increased by 1,141% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Thailand (X tons), Uganda (X tons) and Zimbabwe (X tons) were the main destinations of vapour generating boiler exports from the United Arab Emirates, together accounting for 55% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uganda (with a CAGR of +136.5%), while the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) emerged as the key foreign market for vapour generating boilers exports from the United Arab Emirates, comprising 49% of total exports. The second position in the ranking was taken by Uganda ($X), with a 16% share of total exports. It was followed by Nigeria, with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Thailand was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (+138.7% per year) and Nigeria (+4.5% per year).

Export Prices by Country

The average vapour generating boiler export price stood at $X per ton in 2021, growing by 46% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.3%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Thailand ($X per ton), while the average price for exports to Somalia ($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 Kazakhstan (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Vapour Generating Boiler Imports

Imports into the United Arab Emirates

In 2021, vapour generating boiler imports into the United Arab Emirates dropped markedly to X tons, which is down by -20% on the previous year's figure. Over the period under review, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by 76% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, vapour generating boiler imports reduced notably to $X in 2021. In general, imports recorded a deep slump. The growth pace was the most rapid in 2014 with an increase of 108%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

India (X tons), China (X tons) and South Korea (X tons) were the main suppliers of vapour generating boiler imports to the United Arab Emirates, together accounting for 65% of total imports. These countries were followed by the United States, Germany, Austria, Italy, the UK, Ukraine, Syrian Arab Republic and Singapore, which together accounted for a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +32.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), India ($X) and Germany ($X) constituted the largest vapour generating boiler suppliers to the United Arab Emirates, together comprising 55% of total imports. These countries were followed by China, the United States, Austria, Italy, the UK, Singapore, Syrian Arab Republic and Ukraine, which together accounted for a further 30%.

Austria, with a CAGR of +28.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average vapour generating boiler import price stood at $X per ton in 2021, shrinking by -18.5% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 37%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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