United Arab Emirates: Wheeled Loader Market 2024

Wheeled Loader Market Size in the United Arab Emirates

The wheeled loader market in the United Arab Emirates surged to $X in 2021, picking up by 22% 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). Overall, consumption, however, continues to indicate a deep setback. Wheeled loader consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Wheeled Loader Exports

Exports from the United Arab Emirates

In 2021, the amount of wheeled loaders, crawler shovel loaders, front-end loaders exported from the United Arab Emirates surged to X units, growing by 176% compared with 2020 figures. In general, exports posted a remarkable increase. The pace of growth appeared the most rapid in 2013 when exports increased by 267%. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, wheeled loader exports soared to $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Oman (X units), Egypt (X units) and the UK (X units) were the main destinations of wheeled loader exports from the United Arab Emirates, together comprising 39% of total exports. These countries were followed by Kenya, the Netherlands, Romania, Angola, Belgium, Nigeria, Togo and Australia, which together accounted for a further 35%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kenya (with a CAGR of +52.3%), while the other leaders experienced more modest paces of growth.

In value terms, Oman ($X) remains the key foreign market for wheeled loaders, crawler shovel loaders, front-end loaders exports from the United Arab Emirates, comprising 26% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 13% share of total exports. It was followed by Angola, with a 6% share.

From 2012 to 2021, the average annual growth rate of value to Oman totaled -10.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+17.7% per year) and Angola (+16.1% per year).

Export Prices by Country

In 2021, the average wheeled loader export price amounted to $X per unit, waning by -15.6% against the previous year. Overall, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 93% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+45.9%), while the prices for the other major destinations experienced more modest paces of growth.

Wheeled Loader Imports

Imports into the United Arab Emirates

In 2021, approx. X units of wheeled loaders, crawler shovel loaders, front-end loaders were imported into the United Arab Emirates; increasing by 35% on the year before. Over the period under review, imports, however, continue to indicate a abrupt downturn. Imports peaked at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, wheeled loader imports soared to $X in 2021. Overall, imports, however, showed a deep slump. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Japan (X units), China (X units) and the United States (X units) were the main suppliers of wheeled loader imports to the United Arab Emirates, with a combined 67% share of total imports. The Czech Republic, India, Canada, Oman and the UK lagged somewhat behind, together comprising a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +46.3%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Japan ($X), China ($X) and the United States ($X) constituted the largest wheeled loader suppliers to the United Arab Emirates, together comprising 71% of total imports. These countries were followed by India, the Czech Republic, Oman, Canada and the UK, which together accounted for a further 9.2%.

Among the main suppliers, India, with a CAGR of +34.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average wheeled loader import price amounted to $X per unit, falling by -2% against the previous year. Over the period under review, the import price continues to indicate a noticeable setback. The growth pace was the most rapid in 2016 an increase of 9.3%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Canada ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+24.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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