United Arab Emirates: Sealed Beam Market 2024

Sealed Beam Market Size in the United Arab Emirates

The sealed beam market in the United Arab Emirates reduced slightly to $X in 2022, remaining constant against the previous year. Overall, consumption, however, recorded a abrupt curtailment. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Sealed Beam Production in the United Arab Emirates

In value terms, sealed beam production soared to $X in 2022 estimated in export price. Over the period under review, production, however, showed a deep contraction. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

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Sealed Beam Exports

Exports from the United Arab Emirates

In 2022, approx. X units of sealed beam lamp units were exported from the United Arab Emirates; which is down by -34.9% compared with 2021 figures. Over the period under review, exports showed a pronounced downturn. The pace of growth appeared the most rapid in 2017 when exports increased by 81% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, sealed beam exports declined slightly to $X in 2022. In general, exports recorded a noticeable setback. The most prominent rate of growth was recorded in 2017 when exports increased by 106% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Mozambique (X units), Italy (X units) and Chile (X units) were the main destinations of sealed beam exports from the United Arab Emirates, together comprising 74% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +80.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sealed beam exported from the United Arab Emirates were Mozambique ($X), Italy ($X) and Rwanda ($X), together comprising 50% of total exports.

In terms of the main countries of destination, Italy, with a CAGR of +71.3%, saw 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

The average sealed beam export price stood at $X per unit in 2022, increasing by 50% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Georgia ($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 Oman (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Sealed Beam Imports

Imports into the United Arab Emirates

Sealed beam imports into the United Arab Emirates reduced to X units in 2022, waning by -6.6% against 2021 figures. In general, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 108%. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, sealed beam imports shrank dramatically to $X in 2022. Over the period under review, imports showed a deep downturn. The growth pace was the most rapid in 2013 with an increase of 102% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest sealed beam supplier to the United Arab Emirates, with a 58% share of total imports. Moreover, sealed beam 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 Turkey (X units), with a 7.8% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+47.3% per year) and Turkey (+101.9% per year).

In value terms, the largest sealed beam suppliers to the United Arab Emirates were China ($X), the United States ($X) and India ($X), with a combined 59% share of total imports. Turkey, Spain and Hungary lagged somewhat behind, together accounting for a further 15%.

In terms of the main suppliers, Turkey, with a CAGR of +78.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average sealed beam import price stood at $X per unit in 2022, waning by -14.1% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 57%. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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