Price for Machines; Parts and Accessories, of Heading No. 8472 in the United Arab Emirates - 2022
Contents:
- Price for Machines; Parts and Accessories, of Heading No. 8472 in the United Arab Emirates (CIF) - 2022
- Price for Machines; Parts and Accessories, of Heading No. 8472 in the United Arab Emirates (FOB) - 2022
- Imports of Machines; Parts and Accessories, of Heading No. 8472 in the United Arab Emirates
- Exports of Machines; Parts and Accessories, of Heading No. 8472 in the United Arab Emirates
Price for Machines; Parts and Accessories, of Heading No. 8472 in the United Arab Emirates (CIF) - 2022
The average import price for machines; parts and accessories, of heading no. 8472 stood at $61,693 per ton in 2022, increasing by 25% against the previous year. Over the period under review, the import price, however, saw a noticeable shrinkage. The import price peaked at $90,354 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($194,164 per ton), while the price for China ($14,191 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machines; Parts and Accessories, of Heading No. 8472 in the United Arab Emirates (FOB) - 2022
The average export price for machines; parts and accessories, of heading no. 8472 stood at $61,056 per ton in 2022, shrinking by -13.6% against the previous year. Over the period under review, the export price, however, showed a slight expansion. The growth pace was the most rapid in 2015 when the average export price increased by 56%. The export price peaked at $94,072 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($177,507 per ton), while the average price for exports to Rwanda ($10,337 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 (+38.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machines; Parts and Accessories, of Heading No. 8472 in the United Arab Emirates
In 2022, the amount of machines; parts and accessories, of heading no. 8472 imported into the United Arab Emirates shrank to 206 tons, with a decrease of -11.9% compared with the previous year. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. As a result, imports reached the peak of 234 tons, and then contracted in the following year.
In value terms, imports of machines; parts and accessories, of heading no. 8472 rose markedly to $13M in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Machines; Parts and Accessories, of Heading No. 8472 in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 4.9 | 3.3 | 3.7 | 3.9 | -7.3% |
| Kuwait | 1.0 | 0.7 | 0.3 | 1.9 | 23.9% |
| Germany | 1.2 | 1.2 | 1.5 | 1.8 | 14.5% |
| United States | 1.1 | 1.2 | 1.8 | 1.4 | 8.4% |
| India | 0.8 | 1.2 | 0.7 | 0.8 | 0.0% |
| China | 0.5 | 0.3 | 0.8 | 0.7 | 11.9% |
| Saudi Arabia | N/A | 1.3 | 0.6 | N/A | -53.8% |
| Others | 2.4 | 2.9 | 2.0 | 2.3 | -1.4% |
| Total | 11.8 | 12.0 | 11.5 | 12.7 | 2.5% |
Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to the United Arab Emirates in 2022:
- Kuwait (82.9 tons)
- China (51.5 tons)
- Netherlands (32.7 tons)
- Germany (9.8 tons)
- United States (7.2 tons)
- India (5.4 tons)
Exports of Machines; Parts and Accessories, of Heading No. 8472 in the United Arab Emirates
In 2022, the amount of machines; parts and accessories, of heading no. 8472 exported from the United Arab Emirates shrank rapidly to 43 tons, declining by -24.6% on the previous year's figure. Overall, exports showed a sharp curtailment. The smallest decline of -16.4% was in 2021.
In value terms, exports of machines; parts and accessories, of heading no. 8472 fell significantly to $2.6M in 2022. In general, exports recorded a precipitous curtailment. The smallest decline of -19.6% was in 2021.
| Export of Machines; Parts and Accessories, of Heading No. 8472 in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 1,819 | 1,732 | 1,352 | 965 | -19.0% |
| Netherlands | 2,250 | 1,912 | 842 | 771 | -30.0% |
| India | 257 | 206 | 746 | 126 | -21.1% |
| Ghana | 149 | N/A | 122 | 88.3 | -16.0% |
| Rwanda | 183 | 37.7 | 64.9 | 9.3 | -63.0% |
| Cote d'Ivoire | 1,845 | 1.9 | N/A | 2.2 | -89.4% |
| Saudi Arabia | 578 | 90.7 | 47.2 | N/A | -71.4% |
| Others | 1,057 | 1,051 | 872 | 673 | -14.0% |
| Total | 8,137 | 5,033 | 4,046 | 2,635 | -31.3% |
Top Export Markets for Machines; Parts and Accessories, of Heading No. 8472 from the United Arab Emirates in 2022:
- Oman (30.6 tons)
- Netherlands (5.1 tons)
- Ghana (1.8 tons)
- Rwanda (0.9 tons)
- India (0.7 tons)
- Cote d'Ivoire (0.1 tons)
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This report provides an in-depth analysis of the computing machinery market in the United Arab Emirates.
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This report provides an in-depth analysis of the global computing machinery market.
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