United Arab Emirates - Suspension Systems - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSuspension System Price in the United Arab Emirates - 2021
Contents:
- Suspension System Price in the United Arab Emirates (CIF) - 2022
- Suspension System Price in the United Arab Emirates (FOB) - 2022
- Suspension System Imports in the United Arab Emirates
- Suspension System Exports in the United Arab Emirates
Suspension System Price in the United Arab Emirates (CIF) - 2022
In 2022, the average suspension system import price amounted to $6,934 per ton, shrinking by -2.1% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, suspension system import price decreased by -3.4% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 82% against the previous year. As a result, import price attained the peak level of $9,924 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
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 Germany ($26,709 per ton), while the price for Turkey ($4,083 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Suspension System Price in the United Arab Emirates (FOB) - 2022
The average suspension system export price stood at $4,342 per ton in 2022, with a decrease of -12.4% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2013 when the average export price increased by 24%. The export price peaked at $4,956 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($45,584 per ton), while the average price for exports to Burundi ($640 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 the UK (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.
Suspension System Imports in the United Arab Emirates
In 2022, the amount of suspension systems imported into the United Arab Emirates contracted to 39K tons, reducing by -14.5% on 2021. The total import volume increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. As a result, imports attained the peak of 46K tons, and then fell in the following year.
In value terms, suspension system imports declined markedly to $271M in 2022. Over the period under review, total imports indicated a temperate expansion from 2019 to 2022: its value increased at an average annual rate of +4.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +24.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 48%. As a result, imports attained the peak of $324M, and then reduced dramatically in the following year.
| Import of Suspension System in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 52.8 | 55.1 | 80.9 | 86.4 | 17.8% |
| Japan | 41.9 | 32.9 | 57.2 | 40.1 | -1.5% |
| United States | 31.8 | 27.5 | 37.4 | 28.9 | -3.1% |
| Germany | 26.6 | 27.5 | 30.9 | 27.1 | 0.6% |
| Turkey | 3.0 | 4.6 | 11.0 | 14.4 | 68.7% |
| New Zealand | 3.5 | 1.4 | 2.9 | 6.1 | 20.3% |
| South Korea | 2.0 | 2.9 | 3.6 | 4.4 | 30.1% |
| Thailand | 15.1 | 12.9 | 16.4 | N/A | 4.2% |
| Taiwan (Chinese) | 3.0 | 2.0 | 3.1 | N/A | 1.7% |
| Others | 58.7 | 51.8 | 80.7 | 64.1 | 3.0% |
| Total | 238 | 219 | 324 | 271 | 4.4% |
Top Suppliers of Suspension System to the United Arab Emirates in 2022:
- China (20.4K tons)
- Japan (5.1K tons)
- Turkey (3.5K tons)
- United States (3.1K tons)
- Germany (1.0K tons)
- New Zealand (0.6K tons)
- South Korea (0.6K tons)
Suspension System Exports in the United Arab Emirates
After two years of decline, overseas shipments of suspension systems increased by 6% to 6.8K tons in 2022. Over the period under review, exports, however, continue to indicate a perceptible curtailment.
In value terms, suspension system exports declined to $29M in 2022. The total export value increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. As a result, the exports reached the peak of $32M, and then shrank in the following year.
| Export of Suspension System in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 6.2 | 3.4 | 4.5 | 9.1 | 13.6% |
| Zimbabwe | 0.8 | 0.7 | 1.4 | 4.4 | 76.5% |
| Germany | 0.1 | 0.2 | 0.6 | 2.0 | 171.4% |
| United Kingdom | N/A | 0.7 | 1.2 | 1.6 | 51.2% |
| Kazakhstan | N/A | N/A | 0.1 | 0.9 | 800.0% |
| Georgia | 0.3 | 0.2 | 0.2 | 0.8 | 38.7% |
| Rwanda | 0.4 | 0.3 | 0.4 | 0.4 | 0.0% |
| Mozambique | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Botswana | 0.2 | 0.1 | 0.1 | 0.3 | 14.5% |
| Tanzania | 0.1 | N/A | 0.1 | 0.2 | 26.0% |
| Burundi | N/A | N/A | N/A | 0.1 | 0% |
| Congo | 0.8 | 0.6 | 0.7 | N/A | -6.5% |
| Oman | 7.9 | 14.5 | 15.9 | N/A | 41.9% |
| Others | 9.0 | 6.4 | 6.4 | 9.2 | 0.7% |
| Total | 25.9 | 27.1 | 31.6 | 29.4 | 4.3% |
Top Export Markets for Suspension System from the United Arab Emirates in 2022:
- Zimbabwe (3365.4 tons)
- Kazakhstan (544.4 tons)
- Mozambique (514.5 tons)
- Germany (247.8 tons)
- Rwanda (238.7 tons)
- Hong Kong SAR (200.0 tons)
- Tanzania (188.8 tons)
- United Kingdom (167.4 tons)
- Burundi (148.1 tons)
- Georgia (116.9 tons)
- Botswana (102.8 tons)
This report provides an in-depth analysis of the suspension system 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 29323050 - Suspension systems and parts thereof (including shock absorbers)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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