United Arab Emirates: Market for In-Hand Motor Grinders, Sanders And Planers 2024

Market Size for In-Hand Motor Grinders, Sanders And Planers in the United Arab Emirates

The market for in-hand motor grinders, sanders and planers in the United Arab Emirates soared to $X in 2021, with an increase of 65% 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, the total consumption indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +84.1% against 2018 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of In-Hand Motor Grinders, Sanders And Planers

Exports from the United Arab Emirates

In 2021, exports of in-hand motor grinders, sanders and planers from the United Arab Emirates contracted sharply to X units, with a decrease of -22.1% compared with the previous year's figure. Over the period under review, exports, however, saw a strong increase. The growth pace was the most rapid in 2020 when exports increased by 76% against the previous year. As a result, the exports attained the peak of X units, and then reduced remarkably in the following year.

In value terms, exports of in-hand motor grinders, sanders and planers fell notably to $X in 2021. In general, exports, however, showed perceptible growth. The pace of growth appeared the most rapid in 2017 when exports increased by 123%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

India (X units), Oman (X units) and Tanzania (X units) were the main destinations of exports of in-hand motor grinders, sanders and planers from the United Arab Emirates, together accounting for 89% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +61.2%), while the other leaders experienced more modest paces of growth.

In value terms, Oman ($X) remains the key foreign market for electromechanical tools for working in the hand, with self-contained electric motor exports from the United Arab Emirates, comprising 65% of total exports. The second position in the ranking was held by India ($X), with a 16% share of total exports. It was followed by Maldives, with a 1.9% share.

From 2012 to 2021, the average annual growth rate of value to Oman totaled +7.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+46.5% per year) and Maldives (+9.9% per year).

Export Prices by Country

In 2021, the average export price for in-hand motor grinders, sanders and planers amounted to $X per unit, with a decrease of -5.7% against the previous year. Over the period under review, the export price saw a slight descent. The growth pace was the most rapid in 2017 an increase of 42% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Oman ($X per unit), while the average price for exports to India ($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 Iran (+23.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of In-Hand Motor Grinders, Sanders And Planers

Imports into the United Arab Emirates

For the fifth consecutive year, the United Arab Emirates recorded growth in overseas purchases of in-hand motor grinders, sanders and planers, which increased by 53% to X units in 2021. Over the period under review, imports showed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of in-hand motor grinders, sanders and planers skyrocketed to $X in 2021. In general, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest electromechanical tools for working in the hand, with self-contained electric motor supplier to the United Arab Emirates, with a 90% share of total imports. Moreover, imports of in-hand motor grinders, sanders and planers from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), more than tenfold. The third position in this ranking was held by Germany (X units), with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+188.8% per year) and Germany (-0.3% per year).

In value terms, China ($X) constituted the largest supplier of electromechanical tools for working in the hand, with self-contained electric motor to the United Arab Emirates, comprising 75% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 6.5% share of total imports. It was followed by Germany, with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+176.5% per year) and Germany (-3.2% per year).

Import Prices by Country

In 2021, the average import price for in-hand motor grinders, sanders and planers amounted to $X per unit, growing by 3.8% against the previous year. In general, the import price, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of 4.1% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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