United Arab Emirates: Way-Type Unit Head Market 2022

Way-Type Unit Head Market Size in the United Arab Emirates

The way-type unit head market in the United Arab Emirates declined markedly to $X in 2021, with a decrease of -X% against the previous year. Over the period under review, consumption, however, showed a buoyant increase. As a result, consumption attained the peak level of $X, and then reduced sharply in the following year.

Way-Type Unit Head Production in the United Arab Emirates

In value terms, way-type unit head production shrank remarkably to $X in 2021 estimated in export price. Overall, production, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X, and then reduced rapidly in the following year.

Way-Type Unit Head Exports

Exports from the United Arab Emirates

In 2021, shipments abroad of way-type unit heads for working metal was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, showed a deep downturn. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, way-type unit head exports soared to $X in 2021. In general, exports, however, showed a deep contraction. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Oman (X tons) was the main destination for way-type unit head exports from the United Arab Emirates, with a X% share of total exports. Moreover, way-type unit head exports to Oman exceeded the volume sent to the second major destination, Norway (X kg), more than tenfold. The third position in this ranking was held by Nigeria (X kg), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Oman totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+X% per year) and Nigeria (-X% per year).

In value terms, Oman ($X) emerged as the key foreign market for way-type unit head exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total exports. It was followed by Norway, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Oman stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (-X% per year) and Norway (+X% per year).

Export Prices by Country

In 2021, the average way-type unit head export price amounted to $X per ton, reducing by less than X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Way-Type Unit Head Imports

Imports into the United Arab Emirates

In 2021, way-type unit head imports into the United Arab Emirates declined markedly to X tons, with a decrease of -X% against the year before. Over the period under review, imports showed a precipitous setback. The growth pace was the most rapid in 2016 when imports increased by X%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, way-type unit head imports expanded sharply to $X in 2021. Overall, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X tons) constituted the largest way-type unit head supplier to the United Arab Emirates, accounting for a X% share of total imports. Moreover, way-type unit head imports from Italy exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. India (X kg) ranked third in terms of total imports with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and India (-X% per year).

In value terms, Italy ($X) constituted the largest supplier of way-type unit head to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Italy amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-X% per year) and China (-X% per year).

Import Prices by Country

In 2021, the average way-type unit head import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price showed a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :