Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the United Arab Emirates - 2022

Contents:

1. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the United Arab Emirates (CIF) - 2022
2. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the United Arab Emirates (FOB) - 2022
3. Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the United Arab Emirates
4. Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the United Arab Emirates

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the United Arab Emirates (CIF) - 2022

The average import price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $20,154 per unit in 2022, growing by 38% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 55%. The import price peaked at $30,574 per unit in 2016; however, from 2017 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 Japan ($30,344 per unit), while the price for Poland ($12,074 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $45,123 per unit, rising by 1.6% against the previous year. Over the period under review, the export price recorded a pronounced increase. The growth pace was the most rapid in 2017 when the average export price increased by 69% against the previous year. As a result, the export price attained the peak level of $69,222 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($84,995 per unit), while the average price for exports to Oman ($1,743 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 Bahrain (+70.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the United Arab Emirates

In 2022, supplies from abroad of casting machines; of a kind used in metallurgy or in metal foundrieses decreased by -65.7% to 71 units, falling for the second consecutive year after two years of growth. In general, imports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 42% against the previous year. As a result, imports reached the peak of 215 units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses declined remarkably to $1.4M in 2022. Overall, imports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. Imports peaked at $4.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to the United Arab Emirates in 2022:

1. India (21.0 units)
2. Poland (12.0 units)
3. Germany (12.0 units)
4. Japan (8.0 units)
5. Italy (5.0 units)
6. China (4.0 units)
7. Pakistan (1.0 units)

Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in the United Arab Emirates

In 2022, shipments abroad of casting machines; of a kind used in metallurgy or in metal foundrieses decreased by -67.9% to 17 units, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a sharp curtailment. The pace of growth was the most pronounced in 2020 with an increase of 81% against the previous year. As a result, the exports reached the peak of 96 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses fell remarkably to $767K in 2022. In general, exports faced a dramatic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 134%. As a result, the exports attained the peak of $4.6M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from the United Arab Emirates in 2022:

1. United States (6.0 units)
2. Bahrain (2.0 units)
3. Saudi Arabia (2.0 units)
4. Italy (1.0 units)
5. Oman (1.0 units)
6. Qatar (1.0 units)
7. Azerbaijan (1.0 units)
8. Djibouti (1.0 units)
9. Japan (1.0 units)
10. Iraq (1.0 units)

Source: IndexBox Market Intelligence Platform