United Arab Emirates: Market for Lathes For Removing Metal 2024

Market Size for Lathes For Removing Metal in the United Arab Emirates

The lathe for removing metal market in the United Arab Emirates reduced rapidly to $X in 2022, waning 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 pronounced reduction. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Exports of Lathes For Removing Metal

Exports from the United Arab Emirates

In 2022, exports of lathes for removing metal from the United Arab Emirates declined to X units, waning by X% against the previous year. In general, exports, however, showed a measured increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, lathe for removing metal exports contracted notably to $X in 2022. Over the period under review, exports, however, posted a prominent increase. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then fell sharply in the following year.

Exports by Country

Italy (X units), Kenya (X units) and Saudi Arabia (X units) were the main destinations of lathe for removing metal exports from the United Arab Emirates, with a combined X% share of total exports. Jordan, Tanzania, Egypt, Sri Lanka, Oman, Malaysia, China, Qatar, the Czech Republic and Iran lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Jordan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Saudi Arabia ($X) and the Czech Republic ($X) were the largest markets for lathe for removing metal exported from the United Arab Emirates worldwide, with a combined X% share of total exports. China, Oman, Kenya, Egypt, Qatar, Iran, Tanzania, Malaysia, Sri Lanka and Jordan lagged somewhat behind, together comprising a further X%.

Jordan, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average lathe for removing metal export price stood at $X per unit in 2022, which is down by X% against the previous year. In general, the export price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2014 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 the Czech Republic ($X per unit), while the average price for exports to Jordan ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Lathes For Removing Metal

Imports into the United Arab Emirates

In 2022, imports of lathes for removing metal into the United Arab Emirates dropped dramatically to X units, reducing by X% against 2021 figures. Over the period under review, imports saw a deep contraction. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, lafor removing metal imports attained the peak figure at X units in 2021, and then plummeted in the following year.

In value terms, lathe for removing metal imports skyrocketed to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, lafor removing metal imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The United States (X units), China (X units) and India (X units) were the main suppliers of lathe for removing metal imports to the United Arab Emirates, with a combined X% share of total imports. South Korea, the UK, Pakistan, Germany, Denmark and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, South Korea ($X) constituted the largest supplier of lathes for removing metal to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

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

Import Prices by Country

In 2022, the average lathe for removing metal import price amounted to $X per unit, increasing by X% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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