GCC: Hand-Operated Air Pump Market 2024

Hand-Operated Air Pump Market Size in GCC

The GCC hand-operated air pump market fell significantly to $X in 2022, reducing by -29.8% against the previous year. Overall, consumption, however, enjoyed resilient growth. The level of consumption peaked at $X in 2021, and then fell dramatically in the following year.

Hand-Operated Air Pump Production in GCC

In value terms, hand-operated air pump production declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed buoyant growth. The growth pace was the most rapid in 2014 with an increase of 165%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Hand-Operated Air Pump Exports

Exports in GCC

In 2022, approx. X units of hand or foot-operated air pumps were exported in GCC; with an increase of 31% on the previous year's figure. In general, exports continue to indicate a temperate expansion. The pace of growth was the most pronounced in 2017 with an increase of 114%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, hand-operated air pump exports fell to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 224%. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units) represented roughly 98% of total exports in 2022.

The United Arab Emirates was also the fastest-growing in terms of the hand or foot-operated air pumps exports, with a CAGR of +5.0% from 2012 to 2022. The United Arab Emirates (+6.4 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) also remains the largest hand-operated air pump supplier in GCC.

In the United Arab Emirates, hand-operated air pump exports expanded at an average annual rate of +5.8% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in GCC amounted to $X per unit, with a decrease of -28.1% against the previous year. Over the period under review, the export price showed a perceptible setback. The growth pace was the most rapid in 2015 an increase of 167%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +0.9% per year.

Hand-Operated Air Pump Imports

Imports in GCC

After three years of growth, purchases abroad of hand or foot-operated air pumps decreased by -42.1% to X units in 2022. Over the period under review, imports saw a pronounced contraction. The pace of growth was the most pronounced in 2019 with an increase of 40%. Over the period under review, imports reached the maximum at X units in 2021, and then fell sharply in the following year.

In value terms, hand-operated air pump imports contracted remarkably to $X in 2022. Overall, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2020 with an increase of 62% against the previous year. The level of import peaked at $X in 2021, and then reduced dramatically in the following year.

Imports by Country

The United Arab Emirates dominates imports structure, accounting for X units, which was near 89% of total imports in 2022. It was distantly followed by Kuwait (X units), mixing up a 5.9% share of total imports. The following importers - Oman (X units) and Qatar (X units) - each amounted to a 4% share of total imports.

Imports into the United Arab Emirates decreased at an average annual rate of -1.3% from 2012 to 2022. At the same time, Qatar (+30.9%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in GCC, with a CAGR of +30.9% from 2012-2022. By contrast, Kuwait (-1.6%) and Oman (-5.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates and Qatar increased by +18 and +1.9 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported hand or foot-operated air pumps in GCC, comprising 85% of total imports. The second position in the ranking was held by Kuwait ($X), with a 7.1% share of total imports. It was followed by Qatar, with a 3.3% share.

In the United Arab Emirates, hand-operated air pump imports increased at an average annual rate of +5.0% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kuwait (-4.1% per year) and Qatar (-9.7% per year).

Import Prices by Country

The import price in GCC stood at $X per unit in 2022, declining by -26.3% against the previous year. Over the period under review, the import price saw a slight decrease. The most prominent rate of growth was recorded in 2017 an increase of 54%. Over the period under review, import prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Qatar ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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