United Arab Emirates: Market for Machine-Tools For Working Stone, Ceramics, And Concrete 2024

Market Size for Machine-Tools For Working Stone, Ceramics, And Concrete in the United Arab Emirates

The market for machine-tools for working stone, ceramics, and concrete in the United Arab Emirates fell slightly to $X in 2022, which is down by X% against the previous year. Overall, consumption saw a abrupt setback. Machine tools for working stone consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Machine-Tools For Working Stone, Ceramics, And Concrete in the United Arab Emirates

In value terms, machine tools for working stone production declined slightly to $X in 2022 estimated in export price. Overall, production faced a abrupt curtailment. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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Exports of Machine-Tools For Working Stone, Ceramics, And Concrete

Exports from the United Arab Emirates

After two years of decline, overseas shipments of machine-tools for working stone, ceramics, and concrete increased by X% to X units in 2022. Overall, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, machine tools for working stone exports skyrocketed to $X in 2022. Over the period under review, exports recorded strong growth. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X units) was the main destination for machine tools for working stone exports from the United Arab Emirates, with a X% share of total exports. Moreover, machine tools for working stone exports to Saudi Arabia exceeded the volume sent to the second major destination, Tanzania (X units), twofold. Qatar (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (X% per year) and Qatar (X% per year).

In value terms, Saudi Arabia ($X) emerged as the key foreign market for machine-tools for working stone, ceramics, and concrete exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was held by Tanzania ($X), with a X% share of total exports. It was followed by Iraq, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (X% per year) and Iraq (X% per year).

Export Prices by Country

In 2022, the average export price for machine-tools for working stone, ceramics, and concrete amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the export price showed a deep reduction. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machine-Tools For Working Stone, Ceramics, And Concrete

Imports into the United Arab Emirates

In 2022, approx. X units of machine-tools for working stone, ceramics, and concrete were imported into the United Arab Emirates; with an increase of X% on 2021 figures. In general, imports, however, showed a pronounced decline. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, machine tools for working stone imports contracted significantly to $X in 2022. Over the period under review, imports, however, showed a noticeable downturn. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Italy (X units) and Spain (X units) were the main suppliers of machine tools for working stone imports to the United Arab Emirates, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X) constituted the largest supplier of machine-tools for working stone, ceramics, and concrete to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Spain (X% per year).

Import Prices by Country

The average import price for machine-tools for working stone, ceramics, and concrete stood at $X per unit in 2022, waning by X% against the previous year. In general, the import price saw a perceptible slump. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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