Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the United Arab Emirates - 2022

Contents:

1. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the United Arab Emirates (CIF) - 2022
2. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the United Arab Emirates (FOB) - 2022
3. Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the United Arab Emirates
4. Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the United Arab Emirates

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $34,526 per ton, dropping by -5.8% against the previous year. Overall, the import price saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2016 an increase of 51%. The import price peaked at $49,038 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($177,946 per ton), while the price for China ($6,501 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+37.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the United Arab Emirates (FOB) - 2022

The average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $109,173 per ton in 2022, with an increase of 11% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses increased by +159.3% against 2015 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 95%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($226,473 per ton), while the average price for exports to Zambia ($7,788 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+3.5%), while the prices for the other major destinations experienced a decline.

Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the United Arab Emirates

In 2022, approx. 170 tons of machine-tools; parts and accessories, tool holders and self-opening dieheadses were imported into the United Arab Emirates; increasing by 14% compared with the previous year. In general, imports, however, showed a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 15%.

In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses rose markedly to $5.9M in 2022. Overall, imports, however, continue to indicate a pronounced setback.

Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to the United Arab Emirates in 2022:

1. China (96.5 tons)
2. Germany (31.2 tons)
3. Italy (8.6 tons)
4. India (3.7 tons)
5. United Kingdom (3.5 tons)
6. South Korea (3.2 tons)
7. Netherlands (3.0 tons)
8. Cote d'Ivoire (2.9 tons)
9. Israel (2.8 tons)
10. United States (2.7 tons)
11. Switzerland (1.3 tons)

Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the United Arab Emirates

Exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses from the United Arab Emirates reduced dramatically to 2.9 tons in 2022, declining by -68.4% against the previous year's figure. In general, exports continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2021 with an increase of 62% against the previous year. As a result, the exports reached the peak of 9.2 tons, and then reduced markedly in the following year.

In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses dropped sharply to $316K in 2022. Overall, exports faced a significant contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 56% against the previous year. As a result, the exports reached the peak of $901K, and then declined rapidly in the following year.

Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from the United Arab Emirates in 2022:

1. Oman (1474.0 kg)
2. United Kingdom (307.0 kg)
3. India (279.0 kg)
4. Democratic Republic of the Congo (129.0 kg)
5. Indonesia (113.0 kg)
6. Angola (93.0 kg)
7. Singapore (92.0 kg)
8. Zambia (66.0 kg)
9. Malaysia (60.0 kg)
10. Sweden (48.0 kg)
11. Nigeria (6.0 kg)
12. Switzerland (5.0 kg)

Source: IndexBox Market Intelligence Platform