Report Update: May 1, 2024

United Arab Emirates - Metal Cutting Shears And Similar Hand Tools - Market Analysis, Forecast, Size, Trends And Insights

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Metal Cutting Shear Price in the United Arab Emirates - 2021

Metal Cutting Shear Price in the United Arab Emirates (CIF) - 2022

In 2022, the average metal cutting shear import price amounted to $8,270 per ton, surging by 1.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2018 an increase of 23%. Over the period under review, average import prices reached the peak figure at $8,320 per ton in 2016; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($13,345 per ton), while the price for India ($4,996 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Cutting Shear Price in the United Arab Emirates (FOB) - 2022

In 2022, the average metal cutting shear export price amounted to $4,626 per ton, growing by 26% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal cutting shear export price increased by +33.0% against 2020 indices. The growth pace was the most rapid in 2014 an increase of 149% against the previous year. Over the period under review, the average export prices reached the peak figure at $4,697 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($11,646 per ton), while the average price for exports to Rwanda ($932 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+28.0%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Cutting Shear Imports in the United Arab Emirates

In 2022, after three years of growth, there was significant decline in supplies from abroad of metal cutting shears and similar hand tools, when their volume decreased by -11.4% to 217 tons. Over the period under review, imports continue to indicate a pronounced decline. The pace of growth appeared the most rapid in 2021 when imports increased by 3.1% against the previous year. As a result, imports reached the peak of 244 tons, and then declined in the following year.

In value terms, metal cutting shear imports shrank to $1.8M in 2022. The total import value increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. As a result, imports reached the peak of $2M, and then shrank in the following year.

Import of Metal Cutting Shear in the United Arab Emirates (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	438	577	609	938	28.9%
Belgium	38.3	11.8	6.5	143	55.1%
United Kingdom	26.1	10.5	17.9	130	70.8%
Spain	80.0	18.3	30.0	57.6	-10.4%
Taiwan (Chinese)	656	561	497	N/A	-13.0%
Others	444	421	825	523	5.6%
Total	1,682	1,599	1,985	1,792	2.1%

Top Suppliers of Metal Cutting Shear to the United Arab Emirates in 2022:

China (150.7 tons)
United Kingdom (18.3 tons)
Belgium (10.8 tons)
Spain (4.4 tons)

Metal Cutting Shear Exports in the United Arab Emirates

In 2022, exports of metal cutting shears and similar hand tools from the United Arab Emirates declined notably to 59 tons, dropping by -33.8% against the previous year. Over the period under review, exports recorded a perceptible decline. The pace of growth was the most pronounced in 2021 when exports increased by 42% against the previous year. As a result, the exports reached the peak of 89 tons, and then shrank rapidly in the following year.

In value terms, metal cutting shear exports contracted remarkably to $273K in 2022. In general, exports saw a perceptible reduction. The pace of growth was the most pronounced in 2021 with an increase of 50% against the previous year. As a result, the exports attained the peak of $328K, and then fell dramatically in the following year.

Export of Metal Cutting Shear in the United Arab Emirates (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Uzbekistan	N/A	N/A	0.3	92.9	30866.7%
Montenegro	N/A	N/A	N/A	27.4	0%
Zimbabwe	0.1	2.4	5.7	24.0	521.4%
Philippines	65.8	N/A	0.1	16.6	-36.8%
United Kingdom	N/A	N/A	N/A	14.9	0%
Rwanda	0.3	0.8	4.5	8.1	200.0%
Georgia	0.4	N/A	0.3	7.9	170.3%
Tanzania	0.2	0.7	0.6	1.1	76.5%
Seychelles	2.6	0.7	9.2	N/A	88.1%
Uganda	3.1	6.0	N/A	N/A	93.5%
Oman	143	125	186	N/A	14.0%
Saudi Arabia	44.1	57.2	68.6	N/A	24.7%
Others	55.4	26.1	52.7	80.3	13.2%
Total	315	219	328	273	-4.7%

Top Export Markets for Metal Cutting Shear from the United Arab Emirates in 2022:

United Kingdom (14.5 tons)
Uzbekistan (11.0 tons)
Rwanda (8.7 tons)
Zimbabwe (5.9 tons)
Montenegro (2.9 tons)
Georgia (2.7 tons)
Philippines (1.4 tons)
Tanzania (0.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal cutting shear 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 25733023 - Metal cutting shears and similar hand tools

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023