United Arab Emirates: Capacitor Market 2024

Capacitor Market Size in the United Arab Emirates

The capacitor market in the United Arab Emirates expanded markedly to $X in 2022, rising by X% against the previous year. Overall, consumption continues to indicate a prominent expansion. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Capacitor Production in the United Arab Emirates

In value terms, capacitor production expanded notably to $X in 2022 estimated in export price. Over the period under review, production recorded a prominent expansion. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Capacitor Exports

Exports from the United Arab Emirates

In 2022, the amount of electrical capacitors exported from the United Arab Emirates surged to X units, growing by X% against the year before. Overall, exports, however, saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, capacitor exports skyrocketed to $X in 2022. Over the period under review, exports saw a remarkable increase. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Azerbaijan (X units), Guinea (X units) and Maldives (X units) were the main destinations of capacitor exports from the United Arab Emirates, with a combined X% share of total exports. Russia, Iraq, Saudi Arabia, Oman, Yemen, China, India, Hong Kong SAR, Nigeria and Iran lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for capacitor exported from the United Arab Emirates were Oman ($X), Saudi Arabia ($X) and China ($X), with a combined X% share of total exports. Iraq, Azerbaijan, Maldives, India, Nigeria, Russia, Yemen, Hong Kong SAR, Iran and Guinea lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Russia, with a CAGR of X%, recorded 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

In 2022, the average capacitor export price amounted to $X per unit, growing by X% against the previous year. Overall, the export price posted a prominent increase. The growth pace was the most rapid in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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 Nigeria ($X per unit), while the average price for exports to Guinea (less than $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 Nigeria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Capacitor Imports

Imports into the United Arab Emirates

In 2022, after two years of decline, there was significant growth in supplies from abroad of electrical capacitors, when their volume increased by X% to X units. Overall, imports continue to indicate buoyant growth. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, capacitor imports expanded significantly to $X in 2022. In general, imports saw mild growth. The pace of growth appeared the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of capacitor to the United Arab Emirates, with a X% share of total imports. Moreover, capacitor imports from China exceeded the figures recorded by the second-largest supplier, India (X units), more than tenfold. Mexico (X units) ranked third in terms of total imports with a X% share.

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

In value terms, the largest capacitor suppliers to the United Arab Emirates were China ($X), India ($X) and the United States ($X), with a combined X% share of total imports. Japan, Taiwan (Chinese), Mexico and Singapore lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

The average capacitor import price stood at $X per unit in 2022, falling by X% against the previous year. In general, the import price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the average import prices failed to regain momentum.

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 India ($X per unit), while the price for Mexico (less than $X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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