Report Update: Apr 1, 2024

United Arab Emirates - Lathes For Removing Metal - Market Analysis, Forecast, Size, Trends and Insights

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Price for Lathe for Removing Metal in the United Arab Emirates - 2021

Price for Lathe for Removing Metal in the United Arab Emirates (CIF) - 2022

In 2021, the average lathe for removing metal import price amounted to $4,998 per unit, rising by 120% against the previous year. In general, the import price showed a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($11,343 per unit), while the price for Pakistan ($258 per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lathe for Removing Metal in the United Arab Emirates (FOB) - 2022

In 2021, the average lathe for removing metal export price amounted to $11,998 per unit, declining by -27% against the previous year. Over the period under review, the export price, however, posted a significant increase. The most prominent rate of growth was recorded in 2017 an increase of 88%. Over the period under review, the average export prices attained the peak figure at $23,037 per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($86,267 per unit), while the average price for exports to Azerbaijan ($661 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 Egypt (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lathe for Removing Metal in the United Arab Emirates

In 2022, supplies from abroad of lathes for removing metal was finally on the rise to reach 5.8K units after two years of decline. Over the period under review, imports, however, saw a sharp descent. Over the period under review, lafor removing metal imports reached the maximum at 15K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, lathe for removing metal imports contracted modestly to $18M in 2022. Overall, imports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2021 with an increase of 1.2% against the previous year. Imports peaked at $23M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Lathe for Removing Metal in the United Arab Emirates (Million USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
South Korea	5.7	2.9	3.1	-26.3%
Taiwan (Chinese)	1.2	0.7	1.3	4.1%
China	1.8	2.1	1.1	-21.8%
Germany	1.0	1.2	0.7	-16.3%
Japan	0.6	0.7	0.6	0.0%
United States	4.4	5.0	0.5	-66.3%
India	3.6	0.8	0.4	-66.7%
United Kingdom	0.9	0.5	0.3	-42.3%
Turkey	N/A	0.1	0.1	0.0%
Pakistan	0.1	0.1	0.1	0.0%
Italy	1.0	1.1	0.1	-68.4%
Sweden	0.1	0.2	N/A	100.0%
Others	2.3	2.6	10.0	108.5%
Total	22.6	18.0	18.2	-10.3%

Top Suppliers of Lathe for Removing Metal to the United Arab Emirates in 2022:

Taiwan (Chinese) (4025.0 units)
Germany (705.0 units)
China (549.0 units)
Pakistan (310.0 units)
India (294.0 units)
South Korea (273.0 units)
Japan (218.0 units)
United States (190.0 units)
United Kingdom (174.0 units)
Turkey (109.0 units)
Italy (22.0 units)

Exports of Lathe for Removing Metal in the United Arab Emirates

In 2022, lathe for removing metal exports from the United Arab Emirates shrank significantly to 246 units, which is down by -43.4% against the previous year. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 650%. As a result, the exports attained the peak of 435 units, and then shrank sharply in the following year.

In value terms, lathe for removing metal exports contracted remarkably to $3.1M in 2022. Over the period under review, exports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 448%. As a result, the exports attained the peak of $5.2M, and then dropped sharply in the following year.

Export of Lathe for Removing Metal in the United Arab Emirates (Thousand USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
Turkey	N/A	N/A	776	0%
Iraq	N/A	N/A	571	0%
Egypt	183	N/A	331	34.5%
Saudi Arabia	215	N/A	288	15.7%
United States	N/A	N/A	131	0%
Germany	18.4	N/A	108	142.3%
China	N/A	N/A	85.5	0%
Indonesia	N/A	81.6	84.5	3.6%
Kuwait	N/A	N/A	77.7	0%
India	206	196	66.1	-43.4%
South Africa	N/A	N/A	61.0	0%
Bahrain	N/A	N/A	16.7	0%
Azerbaijan	N/A	N/A	13.6	0%
Others	1,501	675	2,608	31.8%
Total	2,123	953	5,219	56.8%

Top Export Markets for Lathe for Removing Metal from the United Arab Emirates in 2022:

Iraq (45.0 units)
Azerbaijan (21.0 units)
Egypt (16.0 units)
Saudi Arabia (10.0 units)
Turkey (9.0 units)
United States (9.0 units)
Kuwait (6.0 units)
Indonesia (6.0 units)
Bahrain (5.0 units)
India (5.0 units)
Germany (5.0 units)
China (5.0 units)
South Africa (4.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for lathe for removing metal 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 28412123 - Numerically controlled horizontal lathes, turning centres, for removing metal
Prodcom 28412127 - Numerically controlled horizontal lathes, automatic lathes, for removing metal (excluding turning centres)
Prodcom 28412129 - Numerically controlled horizontal lathes, for removing metal (excluding turning centres, automatic lathes)
Prodcom 28412140 - Non-numerically controlled horizontal lathes, for removing metal
Prodcom 28412160 - Lathes, including turning centres, for removing metal (excluding horizontal lathes)

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