United Arab Emirates: Transportation Vehicle Body Market 2024

Transportation Vehicle Body Market Size in the United Arab Emirates

The transportation vehicle body market in the United Arab Emirates contracted sharply to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, continues to indicate a resilient increase. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Transportation Vehicle Body Production in the United Arab Emirates

In value terms, transportation vehicle body production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, saw buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Transportation Vehicle Body Exports

Exports from the United Arab Emirates

In 2022, overseas shipments of bodies for motor vehicles for the transporting people increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, transportation vehicle body exports skyrocketed to $X in 2022. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa (X units) was the main destination for transportation vehicle body exports from the United Arab Emirates, with a X% share of total exports. Moreover, transportation vehicle body exports to South Africa exceeded the volume sent to the second major destination, Georgia (X units), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to South Africa stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (X% per year) and Spain (X% per year).

In value terms, South Africa ($X), Georgia ($X) and Spain ($X) were the largest markets for transportation vehicle body exported from the United Arab Emirates worldwide, with a combined X% share of total exports.

Among the main countries of destination, Spain, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average transportation vehicle body export price stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2015 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to South Africa ($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 Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Transportation Vehicle Body Imports

Imports into the United Arab Emirates

In 2022, the amount of bodies for motor vehicles for the transporting people imported into the United Arab Emirates surged to X units, picking up by X% against the year before. Overall, imports saw a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, transportation vehicle body imports soared to $X in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the UK (X units) constituted the largest supplier of transportation vehicle body to the United Arab Emirates, accounting for a X% share of total imports. Moreover, transportation vehicle body imports from the UK exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold. The third position in this ranking was held by Germany (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Germany (X% per year).

In value terms, the UK ($X) constituted the largest supplier of bodies for motor vehicles for the transporting people to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

Import Prices by Country

The average transportation vehicle body import price stood at $X per unit in 2022, declining by X% against the previous year. In general, the import price, however, enjoyed a noticeable increase. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then fell markedly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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