Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in the United Arab Emirates - 2022

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in the United Arab Emirates (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in the United Arab Emirates (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in the United Arab Emirates
4. Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in the United Arab Emirates

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in the United Arab Emirates (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $1,863 per unit in 2022, increasing by 17% against the previous year. Over the period under review, the import price saw prominent growth. The pace of growth appeared the most rapid in 2019 an increase of 57% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

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 the United States ($13,000 per unit), while the price for India ($779 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 (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $2,598 per unit, with an increase of 81% against the previous year. Overall, the export price enjoyed strong growth. The pace of growth was the most pronounced in 2017 an increase of 592%. Over the period under review, the average export prices reached the peak figure at $2,882 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($9,611 per unit), while the average price for exports to Burundi ($927 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 Comoros (+76.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in the United Arab Emirates

In 2022, purchases abroad of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses was finally on the rise to reach 1.1K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a drastic downturn. Imports peaked at 2.1K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses surged to $2.1M in 2022. Overall, imports, however, saw a abrupt decline. Over the period under review, imports of hit record highs at $2.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to the United Arab Emirates in 2022:

1. India (919.0 units)
2. China (56.0 units)
3. Spain (47.0 units)
4. Italy (30.0 units)
5. Germany (24.0 units)
6. United Kingdom (19.0 units)
7. Poland (18.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in the United Arab Emirates

For the third year in a row, the United Arab Emirates recorded decline in overseas shipments of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses, which decreased by -31.7% to 41 units in 2022. In general, exports continue to indicate a abrupt descent. The smallest decline of -10.4% was in 2021. The exports peaked at 75 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses skyrocketed to $107K in 2022. Over the period under review, exports recorded a abrupt setback. The exports peaked at $138K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices from the United Arab Emirates in 2022:

1. Oman (30.0 units)
2. Italy (6.0 units)
3. Philippines (2.0 units)
4. Czech Republic (1.0 units)
5. Burundi (1.0 units)
6. Comoros (1.0 units)

Source: IndexBox Market Intelligence Platform