United Arab Emirates - Thermostats - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

United Arab Emirates - Thermostats - Market Analysis, Forecast, Size, Trends and Insights

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Thermostat Price in the United Arab Emirates - 2021

Contents:

  1. Thermostat Price in the United Arab Emirates (CIF) - 2022
  2. Thermostat Price in the United Arab Emirates (FOB) - 2022
  3. Thermostat Imports in the United Arab Emirates
  4. Thermostat Exports in the United Arab Emirates

Thermostat Price in the United Arab Emirates (CIF) - 2022

In 2022, the average thermostat import price amounted to $4.8 per unit, growing by 2.2% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2017 when the average import price increased by 51%. As a result, import price attained the peak level of $15 per unit. From 2018 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 ($49 per unit), while the price for China ($2.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Thermostat Price in the United Arab Emirates (FOB) - 2022

The average thermostat export price stood at $47 per unit in 2022, with an increase of 8.1% against the previous year. Overall, the export price showed a strong expansion. The growth pace was the most rapid in 2017 an increase of 54%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($138 per unit), while the average price for exports to Ukraine ($2.5 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 Iran (+31.1%), while the prices for the other major destinations experienced more modest paces of growth.

Thermostat Imports in the United Arab Emirates

In 2022, approx. 6.7M units of thermostats were imported into the United Arab Emirates; waning by -21.9% against 2021. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +5.2% 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 +41.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 81%. As a result, imports attained the peak of 8.6M units, and then contracted notably in the following year.

In value terms, thermostat imports dropped markedly to $32M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +5.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 68% against the previous year. As a result, imports reached the peak of $41M, and then shrank rapidly in the following year.

Import of Thermostat in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.27.911.98.6-2.2%
Italy4.74.05.13.4-10.2%
United States2.32.52.52.75.5%
PolandN/AN/AN/A1.20%
Slovakia0.20.10.10.314.5%
Others11.19.921.116.213.4%
Total27.524.340.732.55.7%

Top Suppliers of Thermostat to the United Arab Emirates in 2022:

  1. China (3.9M units)
  2. Italy (0.7M units)
  3. Poland (0.2M units)
  4. United States (0.1M units)
  5. Slovakia (0.1M units)

Thermostat Exports in the United Arab Emirates

In 2022, exports of thermostats from the United Arab Emirates reduced markedly to 46K units, shrinking by -16.6% compared with the previous year's figure. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. As a result, the exports attained the peak of 55K units, and then declined notably in the following year.

In value terms, thermostat exports fell to $2.2M in 2022. The total export value increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 25%. As a result, the exports reached the peak of $2.4M, and then reduced in the following year.

Export of Thermostat in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR13464.51891,302113.4%
Uzbekistan30.51.71.022293.8%
Georgia26.331.850.399.755.9%
Mozambique1.66.79.075.5261.4%
Germany26.211869.470.539.1%
DenmarkN/AN/AN/A22.50%
Italy4.22.33.321.772.9%
Dominican Republic0.1N/A10.118.3467.7%
Bulgaria0.72.85.815.3179.6%
Ukraine10.510.07.52.0-42.5%
India22947.434.2N/A-61.4%
Oman8461,1671,146N/A16.4%
Saudi Arabia118105220N/A36.5%
Others427379669325-8.7%
Total1,8541,9352,4142,1755.5%

Top Export Markets for Thermostat from the United Arab Emirates in 2022:

  1. Hong Kong SAR (9.5K units)
  2. Mozambique (6.8K units)
  3. Uzbekistan (6.4K units)
  4. Georgia (5.6K units)
  5. Germany (1.6K units)
  6. Denmark (1.5K units)
  7. Italy (0.9K units)
  8. Bulgaria (0.9K units)
  9. Ukraine (0.8K units)
  10. Dominican Republic (0.8K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the thermostat 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 26517015 - Electronic thermostats
  • Prodcom 26517019 - Non-electronic thermostats

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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