Price for Vehicles; Mobile Drilling Derricks in the United Arab Emirates - 2021
Contents:
- Price for Vehicles; Mobile Drilling Derricks in the United Arab Emirates (CIF) - 2022
- Price for Vehicles; Mobile Drilling Derricks in the United Arab Emirates (FOB) - 2022
- Imports of Vehicles; Mobile Drilling Derricks in the United Arab Emirates
- Exports of Vehicles; Mobile Drilling Derricks in the United Arab Emirates
Price for Vehicles; Mobile Drilling Derricks in the United Arab Emirates (CIF) - 2022
The average vehicles; mobile drilling derricks import price stood at $79,621 per unit in 2022, with an increase of 1.7% against the previous year. In general, the import price, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 197%. Over the period under review, average import prices reached the peak figure at $153,388 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 ($106,423 per unit), while the price for Japan ($16,234 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cyprus (+1,101.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vehicles; Mobile Drilling Derricks in the United Arab Emirates (FOB) - 2022
In 2022, the average vehicles; mobile drilling derricks export price amounted to $153,893 per unit, with a decrease of -14.7% against the previous year. In general, the export price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2016 an increase of 2,489%. Over the period under review, the average export prices hit record highs at $267,370 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Tanzania.
From 2012 to 2022, the rate of growth in terms of prices for Afghanistan amounted to +22.1% per year.
Imports of Vehicles; Mobile Drilling Derricks in the United Arab Emirates
In 2022, vehicles; mobile drilling derricks imports into the United Arab Emirates declined sharply to 11 units, waning by -35.3% compared with the previous year. In general, imports recorded a dramatic slump. The most prominent rate of growth was recorded in 2021 when imports increased by 6.2% against the previous year. Imports peaked at 67 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, vehicles; mobile drilling derricks imports declined markedly to $876K in 2022. Overall, imports faced a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 216%. Over the period under review, imports hit record highs at $2.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Vehicles; Mobile Drilling Derricks in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 65.0 | 639 | 883.1% |
| Bahrain | N/A | N/A | 438 | 120 | -72.6% |
| India | N/A | N/A | N/A | 101 | 0% |
| Japan | N/A | N/A | N/A | 16.2 | 0% |
| Kuwait | N/A | N/A | 391 | N/A | 0% |
| Oman | 1,533 | 421 | 32.5 | N/A | -85.4% |
| Bolivia | 542 | N/A | N/A | N/A | 0% |
| Others | 166 | 0.8 | 404 | N/A | 56.0% |
| Total | 2,241 | 421 | 1,330 | 876 | -26.9% |
Top Suppliers of Vehicles; Mobile Drilling Derricks to the United Arab Emirates in 2022:
- United States (6.0 units)
- Bahrain (3.0 units)
- India (1.0 units)
- Japan (1.0 units)
Exports of Vehicles; Mobile Drilling Derricks in the United Arab Emirates
In 2022, overseas shipments of vehicles; mobile drilling derrickses increased by 8.3% to 13 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a abrupt decline. Over the period under review, the exports reached the peak figure at 19 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, vehicles; mobile drilling derricks exports declined to $2M in 2022. The total export value increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when exports increased by 18%. As a result, the exports attained the peak of $2.2M, and then shrank in the following year.
| Export of Vehicles; Mobile Drilling Derricks in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | N/A | N/A | N/A | 2,001 | 0% |
| Spain | N/A | N/A | 512 | N/A | 0% |
| Nigeria | 56.7 | N/A | N/A | N/A | 0% |
| Philippines | N/A | N/A | 7.8 | N/A | 0% |
| Oman | 1,365 | 1,837 | 122 | N/A | -70.1% |
| Saudi Arabia | N/A | N/A | 313 | N/A | 0% |
| Afghanistan | 312 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 1,209 | N/A | 0% |
| Total | 1,733 | 1,837 | 2,164 | 2,001 | 4.9% |
Top Export Markets for Vehicles; Mobile Drilling Derricks from the United Arab Emirates in 2022:
- Tanzania (13.0 units)
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