United Arab Emirates - Lifting Equipment - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLifting Equipment Price in the United Arab Emirates - 2021
Contents:
- Lifting Equipment Price in the United Arab Emirates (CIF) - 2022
- Lifting Equipment Price in the United Arab Emirates (FOB) - 2022
- Lifting Equipment Imports in the United Arab Emirates
- Lifting Equipment Exports in the United Arab Emirates
Lifting Equipment Price in the United Arab Emirates (CIF) - 2022
The average lifting equipment import price stood at $13,953 per unit in 2022, reducing by -20.2% against the previous year. Over the period under review, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 37%. As a result, import price reached the peak level of $41,140 per unit. From 2019 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($14,047 per unit) and Italy ($14,046 per unit), while the price for the United States ($9,634 per unit) and Sweden ($14,045 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-5.8%), while the prices for the other major suppliers experienced a decline.
Lifting Equipment Price in the United Arab Emirates (FOB) - 2022
In 2022, the average lifting equipment export price amounted to $60,173 per unit, growing by 66% against the previous year. Overall, the export price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2015 an increase of 482% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($65,288 per unit), while the average price for exports to Sri Lanka ($8,625 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 (+96.4%), while the prices for the other major destinations experienced more modest paces of growth.
Lifting Equipment Imports in the United Arab Emirates
For the fourth consecutive year, the United Arab Emirates recorded growth in supplies from abroad of lifting equipment, which increased by 0.4% to 1.4K units in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 76% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, lifting equipment imports declined sharply to $20M in 2022. In general, imports showed a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 66% against the previous year. As a result, imports attained the peak of $24M, and then fell rapidly in the following year.
Import of Lifting Equipment in the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 0.3 | 0.2 | 2.9 | 9.0 | 210.7% |
United Kingdom | 0.4 | 0.1 | 0.2 | 3.2 | 100.0% |
Czech Republic | 0.1 | N/A | 0.8 | 2.7 | 200.0% |
Germany | 0.4 | 2.4 | 1.0 | 2.3 | 79.2% |
Spain | N/A | 0.1 | 0.1 | 0.9 | 200.0% |
Netherlands | 4.9 | 2.8 | 1.0 | 0.5 | -53.3% |
Sweden | N/A | N/A | N/A | 0.5 | 0% |
China | 3.9 | 3.3 | 4.0 | N/A | 1.3% |
Philippines | N/A | 0.2 | N/A | N/A | 0% |
Oman | N/A | 0.1 | 2.6 | N/A | 2500.0% |
Others | 2.0 | 5.4 | 11.7 | 0.4 | -41.5% |
Total | 11.9 | 14.7 | 24.4 | 19.5 | 17.9% |
Top Suppliers of Lifting Equipment to the United Arab Emirates in 2022:
- Italy (641.0 units)
- United Kingdom (231.0 units)
- Czech Republic (193.0 units)
- Germany (160.0 units)
- Spain (67.0 units)
- Sweden (36.0 units)
- Netherlands (35.0 units)
Lifting Equipment Exports in the United Arab Emirates
In 2022, exports of lifting equipment from the United Arab Emirates soared to 28 units, increasing by 22% against the previous year. In general, exports, however, showed a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 639% against the previous year. As a result, the exports attained the peak of 244 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, lifting equipment exports surged to $1.7M in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 443% against the previous year. As a result, the exports reached the peak of $2.6M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Lifting Equipment in the United Arab Emirates (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 17.5 | N/A | 225 | 1,646 | 354.8% |
Netherlands | 3.8 | N/A | N/A | 28.9 | 96.7% |
Sri Lanka | 1.8 | N/A | N/A | 14.0 | 98.1% |
Spain | N/A | 0.7 | 111 | N/A | 15757.1% |
India | 134 | 43.3 | N/A | N/A | -67.7% |
Oman | 229 | 2,502 | 12.3 | N/A | -76.8% |
Others | 84.9 | 12.0 | 474 | 1.5 | -74.0% |
Total | 471 | 2,558 | 823 | 1,691 | 53.1% |
Top Export Markets for Lifting Equipment from the United Arab Emirates in 2022:
- Italy (25.0 units)
- Sri Lanka (2.0 units)
- Netherlands (1.0 units)
This report provides an in-depth analysis of the lifting equipment market in the United Arab Emirates. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28221470 - Lifting equipment (excluding overhead travelling cranes, t ower, transporter, gantry, portal, bridge or pedestal jib cranes, mobile lifting frames or straddle carriers, selfpropelled machinery)
Country coverage:
- United Arab Emirates
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the United Arab Emirates
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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