GCC: Market for Mechanical Appliances For Projecting, Dispersing Or Spraying 2024

Market Size for Mechanical Appliances For Projecting, Dispersing Or Spraying in GCC

The GCC market for mechanical appliances for projecting, dispersing or spraying surged to $X in 2022, with an increase of X% against the previous year. In general, consumption recorded significant growth. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Mechanical Appliances For Projecting, Dispersing Or Spraying in GCC

In value terms, production of mechanical appliances for projecting, dispersing or spraying soared to $X in 2022 estimated in export price. Over the period under review, production showed a significant increase. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth failed to regain momentum.

Exports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Exports in GCC

In 2022, shipments abroad of mechanical appliances for projecting, dispersing or spraying increased by X% to X units, rising for the second year in a row after three years of decline. Overall, exports continue to indicate a moderate increase. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, exports of mechanical appliances for projecting, dispersing or spraying rose rapidly to $X in 2022. In general, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports of hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates prevails in spraying structure, recording X units, which was approx. X% of total exports in 2022. Saudi Arabia (X units) held a little share of total exports.

Exports from the United Arab Emirates increased at an average annual rate of X% from 2012 to 2022. At the same time, Saudi Arabia (X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Saudi Arabia increased by X percentage points.

In value terms, the United Arab Emirates ($X) remains the largest mechanical appliances for projecting, dispersing or spraying supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates amounted to X%.

Export Prices by Country

The export price in GCC stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the export price, however, showed prominent growth. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of export peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Saudi Arabia amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%).

Imports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Imports in GCC

In 2022, approx. X units of mechanical appliances for projecting, dispersing or spraying were imported in GCC; jumping by X% compared with the previous year's figure. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2015 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, imports of mechanical appliances for projecting, dispersing or spraying dropped significantly to $X in 2022. Overall, imports, however, showed a perceptible reduction. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports of attained the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X units) was the main importer of mechanical appliances for projecting, dispersing or spraying in GCC, comprising X% of total import.

The United Arab Emirates was also the fastest-growing in terms of the mechanical appliances for projecting, dispersing or spraying imports, with a CAGR of X% from 2012 to 2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported mechanical appliances for projecting, dispersing or spraying in GCC.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates stood at X%.

Import Prices by Country

The import price in GCC stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the import price saw a sharp decline. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, 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 X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :