United Arab Emirates: Market for Turbo, Rotary and Reciporating Displacement Compressors 2024

Market Size for Turbo, Rotary and Reciporating Displacement Compressors in the United Arab Emirates

In 2022, the market for turbo, rotary and reciporating displacement compressors in the United Arab Emirates increased by X% to $X, rising for the fifth consecutive year after five years of decline. Over the period under review, consumption showed a mild contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Turbo, Rotary and Reciporating Displacement Compressors in the United Arab Emirates

In value terms, production of turbo, rotary and reciporating displacement compressors amounted to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. Production of peaked in 2022 and is likely to see gradual growth in years to come.

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Exports of Turbo, Rotary and Reciporating Displacement Compressors

Exports from the United Arab Emirates

In 2022, shipments abroad of turbo, rotary and reciporating displacement compressors increased by X% to X units, rising for the second year in a row after two years of decline. Overall, exports showed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of turbo, rotary and reciporating displacement compressors surged to $X in 2022. Over the period under review, exports saw prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Saudi Arabia (X units) was the main destination for exports of turbo, rotary and reciporating displacement compressors from the United Arab Emirates, accounting for a X% share of total exports. Moreover, exports of turbo, rotary and reciporating displacement compressors to Saudi Arabia exceeded the volume sent to the second major destination, Oman (X units), twofold. The third position in this ranking was taken by Uganda (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (X% per year) and Uganda (X% per year).

In value terms, Saudi Arabia ($X) emerged as the key foreign market for turbo, rotary and reciporating displacement compressors exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was taken by Iraq ($X), with a X% share of total exports. It was followed by Oman, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (X% per year) and Oman (X% per year).

Export Prices by Country

In 2022, the average export price for turbo, rotary and reciporating displacement compressors amounted to $X per unit, jumping by X% against the previous year. Overall, the export price, however, showed a slight reduction. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($X per unit), while the average price for exports to Uganda ($X 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 Iraq (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbo, Rotary and Reciporating Displacement Compressors

Imports into the United Arab Emirates

In 2022, after five years of growth, there was significant decline in purchases abroad of turbo, rotary and reciporating displacement compressors, when their volume decreased by X% to X units. Overall, imports recorded a deep reduction. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at X units in 2021, and then reduced notably in the following year.

In value terms, imports of turbo, rotary and reciporating displacement compressors fell to $X in 2022. Over the period under review, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), India (X units) and the United States (X units) were the main suppliers of imports of turbo, rotary and reciporating displacement compressors to the United Arab Emirates, together accounting for X% of total imports. Germany, Turkey, Italy, Japan, Malaysia, Mexico, the UK and Singapore lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Italy ($X) and China ($X) constituted the largest turbo, rotary and reciporating displacement compressor suppliers to the United Arab Emirates, together comprising X% of total imports. India, Germany, the UK, Japan, Mexico, Turkey, Malaysia and Singapore lagged somewhat behind, together accounting for a further X%.

India, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for turbo, rotary and reciporating displacement compressors stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the import price, however, saw a noticeable reduction. Over the period under review, average import prices attained the maximum at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 Italy ($X per unit), while the price for China ($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 States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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