United Arab Emirates: Medical Furniture Market 2024

Medical Furniture Market Size in the United Arab Emirates

The medical furniture market in the United Arab Emirates fell 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, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Medical Furniture Exports

Exports from the United Arab Emirates

In 2022, after two years of decline, there was significant growth in overseas shipments of medical, surgical or veterinary furniture, when their volume increased by X% to X units. Over the period under review, exports enjoyed a moderate increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, medical furniture exports soared to $X in 2022. In general, exports recorded a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kuwait (X units), Dominica (X units) and Qatar (X units) were the main destinations of medical furniture exports from the United Arab Emirates, together accounting for X% of total exports. Jordan, Iraq, Sudan, Tanzania, Oman, France, Bahrain, Ethiopia, Saudi Arabia and China lagged somewhat behind, together accounting for a further X%.

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

In value terms, Kuwait ($X) emerged as the key foreign market for medical, surgical or veterinary furniture exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was taken by Dominica ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Kuwait totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Dominica (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

In 2022, the average medical furniture export price amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the export price, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2021, and then fell in the following year.

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 Saudi Arabia ($X per unit), while the average price for exports to Sudan ($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 Kuwait (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Medical Furniture Imports

Imports into the United Arab Emirates

In 2022, imports of medical, surgical or veterinary furniture into the United Arab Emirates dropped markedly to X units, which is down by X% against 2021. In general, total imports indicated a slight expansion from 2012 to 2022: its volume 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. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, medical furniture imports fell rapidly to $X in 2022. Overall, total imports indicated modest growth from 2012 to 2022: its value 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. Based on 2022 figures, imports decreased by X% against 2018 indices. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of medical furniture to the United Arab Emirates, with a X% share of total imports. Moreover, medical furniture imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), fivefold. The United States (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, 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: Italy (X% per year) and the United States (X% per year).

In value terms, the largest medical furniture suppliers to the United Arab Emirates were China ($X), the United States ($X) and Italy ($X), together comprising X% of total imports. Germany, France, the UK, the Czech Republic, the Netherlands, Taiwan (Chinese), Spain and Turkey lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, the Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to 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 medical furniture import price amounted to $X per unit, approximately reflecting the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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