
United Arab Emirates - Bending or Assembling Machines - Market Analysis, Forecast, Size, Trends and Insights
United Arab Emirates: Wood Bending Machine Market 2022
Wood Bending Machine Market Size in the United Arab Emirates
In 2021, the wood bending machine market in the United Arab Emirates increased by 295% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption continues to indicate a prominent increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Wood Bending Machine Exports
Exports from the United Arab Emirates
Wood bending machine exports from the United Arab Emirates soared to X units in 2021, increasing by 48% compared with 2020. In general, exports enjoyed noticeable growth. The pace of growth appeared the most rapid in 2017 with an increase of 1,108% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports failed to regain momentum.
In value terms, wood bending machine exports skyrocketed to $X in 2021. Over the period under review, exports posted buoyant growth. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.
Exports by Country
Armenia (X units), Oman (X units) and Djibouti (X units) were the main destinations of wood bending machine exports from the United Arab Emirates, together comprising 43% of total exports. These countries were followed by Kuwait, Saudi Arabia, Kenya, Bahrain, Jordan, Democratic Republic of the Congo, Uzbekistan, India and Azerbaijan, which together accounted for a further 54%. Moreover, wood bending machine exports in Armenia exceeded the figures recorded by the second-largest exporter, Oman, twofold.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bahrain (with a CAGR of +100.0%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for wood bending machine exported from the United Arab Emirates were Oman ($X), Kuwait ($X) and Saudi Arabia ($X), with a combined 67% share of total exports. These countries were followed by Jordan, Azerbaijan, Bahrain, Democratic Republic of the Congo, Kenya, Djibouti, India, Uzbekistan and Armenia, which together accounted for a further 32%.
Bahrain, with a CAGR of +4,053.6%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average wood bending machine export price stood at $X per unit in 2021, growing by 361% against the previous year. Overall, the export price posted modest growth. The growth pace was the most rapid in 2016 when the average export price increased by 439% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in the near future.
Prices varied noticeably country of destination: the country with the highest price was Jordan ($X per unit), while the average price for exports to Armenia ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+2,178.1%), while the prices for the other major destinations experienced mixed trend patterns.
Wood Bending Machine Imports
Imports into the United Arab Emirates
In 2021, purchases abroad of bending or assembling machines was finally on the rise to reach X units after three years of decline. Overall, imports continue to indicate a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, wood bending machine imports soared to $X in 2021. In general, imports saw a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
Turkey (X units), Italy (X units) and China (X units) were the main suppliers of wood bending machine imports to the United Arab Emirates, with a combined 87% share of total imports.
From 2012 to 2021, the biggest increases were in Turkey (with a CAGR of +49.1%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest wood bending machine suppliers to the United Arab Emirates were Turkey ($X), Italy ($X) and Germany ($X), together accounting for 84% of total imports.
Turkey, with a CAGR of +51.7%, recorded 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
In 2021, the average wood bending machine import price amounted to $X per unit, surging by 4.9% against the previous year. Overall, the import price, however, showed a pronounced contraction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 59%. Over the period under review, average import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was Austria ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the wood bending machine 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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