United Arab Emirates: Wood Slicing Machine Market 2022

Wood Slicing Machine Market Size in the United Arab Emirates

The wood slicing machine market in the United Arab Emirates expanded notably to $X in 2021, surging by 13% against the previous year. In general, the total consumption indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -11.6% against 2019 indices. Wood slicing machine consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Wood Slicing Machine Production in the United Arab Emirates

In value terms, wood slicing machine production expanded rapidly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the production volume increased by 29% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Wood Slicing Machine Exports

Exports from the United Arab Emirates

In 2021, exports of splitting, slicing or paring machines from the United Arab Emirates amounted to X units, therefore, remained relatively stable against the previous year's figure. Over the period under review, exports continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2016 when exports increased by 530%. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, wood slicing machine exports declined rapidly to $X in 2021. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 102% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Saudi Arabia (X units), Oman (X units) and Kuwait (X units) were the main destinations of wood slicing machine exports from the United Arab Emirates.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kuwait (with a CAGR of +27.5%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for wood slicing machine exported from the United Arab Emirates were Saudi Arabia ($X), Oman ($X) and Kuwait ($X).

Kuwait, with a CAGR of +17.6%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average wood slicing machine export price amounted to $X per unit, falling by -25.5% against the previous year. Over the period under review, the export price, however, saw a perceptible expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 903%. The export price peaked at $X per unit in 2020, and then contracted significantly in the following year.

Prices varied noticeably country of destination: the country with the highest price was Oman ($X per unit), while the average price for exports to Kuwait ($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 (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Slicing Machine Imports

Imports into the United Arab Emirates

In 2021, wood slicing machine imports into the United Arab Emirates shrank markedly to X units, which is down by -30.1% against the year before. In general, imports recorded a mild decline. The most prominent rate of growth was recorded in 2015 when imports increased by 213%. Imports peaked at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, wood slicing machine imports reduced remarkably to $X in 2021. Over the period under review, imports, however, posted a temperate expansion. The pace of growth appeared the most rapid in 2013 with an increase of 77% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Italy (X units) and Turkey (X units) were the main suppliers of wood slicing machine imports to the United Arab Emirates, together accounting for 65% of total imports.

From 2012 to 2021, the biggest increases were in Turkey (with a CAGR of +41.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of wood slicing machine to the United Arab Emirates, comprising 56% of total imports. The second position in the ranking was held by China ($X), with a 25% share of total imports. It was followed by Taiwan (Chinese), with a 6% share.

From 2012 to 2021, the average annual growth rate of value from Italy totaled +25.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+14.9% per year) and Taiwan (Chinese) (-20.3% per year).

Import Prices by Country

The average wood slicing machine import price stood at $X per unit in 2021, falling by -16.8% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the average import price increased by 94% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2020, and then contracted dramatically in the following year.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the price for Syrian Arab Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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