United Arab Emirates: Market for Electric Generating Sets And Rotary Converters 2024

Market Size for Electric Generating Sets And Rotary Converters in the United Arab Emirates

The market for electric generating sets and rotary converters in the United Arab Emirates surged to $X in 2021, jumping by 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). In general, consumption, however, recorded a abrupt curtailment. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Exports of Electric Generating Sets And Rotary Converters

Exports from the United Arab Emirates

After two years of decline, overseas shipments of electric generating sets and rotary converters increased by X% to X units in 2021. In general, exports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports attained the peak of X units. From 2019 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of electric generating sets and rotary converters totaled $X in 2021. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Mozambique (X units), Senegal (X units) and Saudi Arabia (X units) were the main destinations of exports of electric generating sets and rotary converters from the United Arab Emirates, together accounting for X% of total exports.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Senegal (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electric generating set and rotary converter exported from the United Arab Emirates were Saudi Arabia ($X), Democratic Republic of the Congo ($X) and Ethiopia ($X), together accounting for X% of total exports. Senegal, Kuwait, Mozambique, Burundi, Uganda, Pakistan, Egypt, the Netherlands, Congo and Georgia lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Mozambique, with a CAGR of X%, saw the highest rates of growth with regard to 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 export price for electric generating sets and rotary converters stood at $X per unit in 2020, jumping by X% against the previous year. Overall, the export price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. The export price peaked at $X per unit in 2015; however, from 2016 to 2020, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per unit), while the average price for exports to Georgia ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Electric Generating Sets And Rotary Converters

Imports into the United Arab Emirates

For the third consecutive year, the United Arab Emirates recorded growth in purchases abroad of electric generating sets and rotary converters, which increased by X% to X units in 2021. Overall, imports, however, recorded a abrupt decrease. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports of attained the maximum at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of electric generating sets and rotary converters rose notably to $X in 2021. In general, imports, however, continue to indicate a abrupt downturn. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X units) constituted the largest electric generating set and rotary converter supplier to the United Arab Emirates, accounting for a X% share of total imports. Moreover, imports of electric generating sets and rotary converters from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. The third position in this ranking was taken by South Korea (X units), with an X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and South Korea (X% per year).

In value terms, Germany ($X), China ($X) and the Netherlands ($X) were the largest electric generating set and rotary converter suppliers to the United Arab Emirates.

Among the main suppliers, Germany, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for electric generating sets and rotary converters stood at $X per unit in 2020, falling by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2019 to 2020, the average 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 Germany ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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