Pumps; Parts Thereof Price in the United Arab Emirates - 2021
Contents:
- Pumps; Parts Thereof Price in the United Arab Emirates (CIF) - 2022
- Pumps; Parts Thereof Price in the United Arab Emirates (FOB) - 2022
- Pumps; Parts Thereof Imports in the United Arab Emirates
- Pumps; Parts Thereof Exports in the United Arab Emirates
Pumps; Parts Thereof Price in the United Arab Emirates (CIF) - 2022
The average pumps; parts thereof import price stood at $26,794 per ton in 2022, with an increase of 11% against the previous year. In general, the import price, however, continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 20% against the previous year. As a result, import price reached the peak level of $38,041 per ton. From 2017 to 2022, the average 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 Netherlands ($77,817 per ton), while the price for Turkey ($7,812 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Pumps; Parts Thereof Price in the United Arab Emirates (FOB) - 2022
In 2022, the average pumps; parts thereof export price amounted to $11,099 per ton, increasing by 6.2% against the previous year. In general, the export price, however, continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by 46% against the previous year. Over the period under review, the average export prices attained the maximum at $15,719 per ton in 2016; however, from 2017 to 2022, 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 India ($19,832 per ton), while the average price for exports to Zimbabwe ($930 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 Iran (+44.0%), while the prices for the other major destinations experienced mixed trend patterns.
Pumps; Parts Thereof Imports in the United Arab Emirates
In 2022, approx. 11K tons of pumps; parts thereoves were imported into the United Arab Emirates; shrinking by -10.6% on the previous year's figure. The total import volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 21%. As a result, imports attained the peak of 12K tons, and then declined in the following year.
In value terms, pumps; parts thereof imports contracted modestly to $284M in 2022. In general, imports recorded a pronounced slump. The pace of growth was the most pronounced in 2021 with an increase of 2.2% against the previous year.
| Import of Pumps; Parts Thereof in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 53.2 | 44.5 | 41.9 | 46.3 | -4.5% |
| China | 17.1 | 20.6 | 35.5 | 44.0 | 37.0% |
| India | 9.4 | 13.9 | 20.1 | 21.0 | 30.7% |
| Italy | 25.1 | 20.9 | 13.3 | 13.2 | -19.3% |
| Germany | 25.4 | 15.9 | 16.4 | 13.1 | -19.8% |
| Singapore | 11.4 | 10.8 | 11.1 | 11.6 | 0.6% |
| Turkey | 1.7 | 1.9 | 2.6 | 2.0 | 5.6% |
| Spain | 5.3 | 3.7 | 4.3 | 1.8 | -30.2% |
| Oman | 1.2 | 1.5 | 2.6 | N/A | 47.2% |
| Others | 153 | 147 | 139 | 131 | -5.0% |
| Total | 303 | 281 | 287 | 284 | -2.1% |
Top Suppliers of Pumps; Parts Thereof to the United Arab Emirates in 2022:
- Spain (undefinedK tons)
- China (4.9K tons)
- India (1.1K tons)
- United States (0.8K tons)
- Singapore (0.4K tons)
- Turkey (0.3K tons)
- Italy (0.2K tons)
- Germany (0.2K tons)
Pumps; Parts Thereof Exports in the United Arab Emirates
In 2022, overseas shipments of pumps; parts thereoves decreased by -16.7% to 5.8K tons, falling for the second year in a row after two years of growth. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year. As a result, the exports reached the peak of 7.9K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, pumps; parts thereof exports shrank to $65M in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 30% against the previous year. As a result, the exports reached the peak of $73M, and then contracted in the following year.
| Export of Pumps; Parts Thereof in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 6.1 | 3.8 | 3.9 | 23.8 | 57.4% |
| United States | 0.4 | 0.4 | 1.7 | 21.1 | 275.0% |
| United Kingdom | 0.6 | 0.2 | 0.4 | 1.5 | 35.7% |
| Bahrain | 0.5 | 0.8 | 0.4 | 1.4 | 40.9% |
| Netherlands | 0.2 | 0.3 | 0.3 | 1.2 | 81.7% |
| Jordan | 0.1 | 0.1 | N/A | 0.9 | 108.0% |
| Zimbabwe | N/A | N/A | N/A | 0.7 | 0% |
| Kuwait | 3.0 | 5.5 | 17.7 | N/A | 142.9% |
| Oman | 36.0 | 31.2 | 31.1 | N/A | -7.1% |
| Saudi Arabia | 6.1 | 6.2 | 5.5 | N/A | -5.0% |
| Others | 11.1 | 7.6 | 11.9 | 14.1 | 8.3% |
| Total | 64.1 | 56.2 | 73.0 | 64.6 | 0.3% |
Top Export Markets for Pumps; Parts Thereof from the United Arab Emirates in 2022:
- United States (1441.8 tons)
- India (1200.9 tons)
- Zimbabwe (735.9 tons)
- Netherlands (301.2 tons)
- Bahrain (151.7 tons)
- United Kingdom (129.4 tons)
- Jordan (71.6 tons)
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