United Arab Emirates: Measuring Instrument Market 2024

Measuring Instrument Market Size in the United Arab Emirates

The measuring instrument market in the United Arab Emirates fell significantly to $X in 2022, declining 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). Over the period under review, consumption recorded a abrupt decrease. Measuring instrument consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Measuring Instrument Exports

Exports from the United Arab Emirates

In 2022, measuring instrument exports from the United Arab Emirates soared to X units, rising by X% against the previous year. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, measuring instrument exports soared to $X in 2022. In general, exports posted a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Iraq (X units) was the main destination for measuring instrument exports from the United Arab Emirates, accounting for a X% share of total exports. Moreover, measuring instrument exports to Iraq exceeded the volume sent to the second major destination, Vietnam (X units), threefold. The third position in this ranking was held by Oman (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Iraq was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Oman (X% per year).

In value terms, Oman ($X), Saudi Arabia ($X) and Iraq ($X) appeared to be the largest markets for measuring instrument exported from the United Arab Emirates worldwide, together accounting for X% of total exports. Nigeria, Vietnam, the United States, Pakistan, Azerbaijan and Iran lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average measuring instrument export price amounted to $X per unit, falling by X% against the previous year. In general, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($X per unit), while the average price for exports to Iraq ($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.

Measuring Instrument Imports

Imports into the United Arab Emirates

In 2022, approx. X units of instruments and apparatus for measuring or checking the flow or level of liquids were imported into the United Arab Emirates; falling by X% against the previous year's figure. Overall, imports, however, showed a tangible increase. The pace of growth appeared 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, measuring instrument imports fell markedly to $X in 2022. Over the period under review, imports continue to indicate a perceptible descent. The pace of growth was the most pronounced 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 measuring instrument to the United Arab Emirates, with a X% share of total imports. Moreover, measuring instrument imports from China exceeded the figures recorded by the second-largest supplier, India (X units), threefold. The third position in this ranking was taken by Germany (X units), with a X% share.

From 2012 to 2022, the average annual growth rate 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 Germany (X% per year).

In value terms, the largest measuring instrument suppliers to the United Arab Emirates were the United States ($X), Germany ($X) and China ($X), together comprising X% of total imports. The UK, India, Italy, Mexico, South Korea and Turkey lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Mexico, 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 more modest paces of growth.

Import Prices by Country

In 2022, the average measuring instrument import price amounted to $X per unit, standing approx. at the previous year. Over the period under review, the import price showed a abrupt setback. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :