United Arab Emirates: Circuit Breaker Market 2024

Circuit Breaker Market Size in the United Arab Emirates

The circuit breaker market in the United Arab Emirates declined markedly to $X in 2022, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a mild contraction. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Circuit Breaker Exports

Exports from the United Arab Emirates

In 2022, shipments abroad of automatic circuit breakers increased by X% to X units for the first time since 2017, thus ending a four-year declining trend. Over the period under review, exports showed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, circuit breaker exports skyrocketed to $X in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Saudi Arabia (X units) was the main destination for circuit breaker exports from the United Arab Emirates, accounting for a X% share of total exports. Moreover, circuit breaker exports to Saudi Arabia exceeded the volume sent to the second major destination, Iraq (X units), twofold. Qatar (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume 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 Qatar (X% per year).

In value terms, Saudi Arabia ($X) emerged as the key foreign market for automatic circuit breakers exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was taken by Kuwait ($X), with an X% share of total exports. It was followed by Qatar, with a 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: Kuwait (X% per year) and Qatar (X% per year).

Export Prices by Country

In 2022, the average circuit breaker export price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the export price enjoyed a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Armenia ($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.

Circuit Breaker Imports

Imports into the United Arab Emirates

In 2022, approx. X units of automatic circuit breakers were imported into the United Arab Emirates; surging by X% against 2021. In general, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, circuit breaker imports skyrocketed to $X in 2022. Overall, total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), India (X units) and Italy (X units) were the main suppliers of circuit breaker imports to the United Arab Emirates, together comprising X% of total imports. France, Thailand, South Korea, Bulgaria, Germany, the United States and Austria lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest circuit breaker suppliers to the United Arab Emirates were Italy ($X), China ($X) and France ($X), with a combined X% share of total imports. Thailand, India, Germany, South Korea, Bulgaria, the United States and Austria lagged somewhat behind, together comprising a further X%.

Thailand, with a CAGR of X%, recorded the highest rates of growth with regard to 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 circuit breaker import price stood at $X per unit in 2022, approximately reflecting the previous year. Over the period under review, the import price, however, saw a slight slump. The pace of growth was the most pronounced in 2017 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for India ($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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