United Arab Emirates - Drilling Or Morticing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWood Drilling Machine Price in the United Arab Emirates - 2021
Contents:
- Wood Drilling Machine Price in the United Arab Emirates (CIF) - 2022
- Wood Drilling Machine Price in the United Arab Emirates (FOB) - 2022
- Wood Drilling Machine Imports in the United Arab Emirates
- Wood Drilling Machine Exports in the United Arab Emirates
Wood Drilling Machine Price in the United Arab Emirates (CIF) - 2022
In 2022, the average wood drilling machine import price amounted to $2,233 per unit, surging by 57% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 163% against the previous year. The import price peaked at $3,671 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Italy ($9,106 per unit), while the price for Portugal ($1.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.8%), while the prices for the other major suppliers experienced a decline.
Wood Drilling Machine Price in the United Arab Emirates (FOB) - 2022
The average wood drilling machine export price stood at $772 per unit in 2022, jumping by 122% against the previous year. In general, the export price saw a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Rwanda.
From 2012 to 2022, the rate of growth in terms of prices for Nigeria amounted to +9.4% per year.
Wood Drilling Machine Imports in the United Arab Emirates
In 2022, after three years of growth, there was significant decline in purchases abroad of drilling or morticing machines, when their volume decreased by -34.5% to 649 units. In general, imports recorded a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 11%. As a result, imports reached the peak of 991 units, and then contracted notably in the following year.
In value terms, wood drilling machine imports reached $1.4M in 2022. Over the period under review, imports continue to indicate a abrupt decline. Over the period under review, imports attained the peak figure at $2.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Wood Drilling Machine in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,362 | 742 | 548 | 1,180 | -4.7% |
| Turkey | 21.5 | 11.3 | 18.5 | 255 | 128.1% |
| Germany | 7.9 | 11.8 | 5.5 | 7.4 | -2.2% |
| Portugal | N/A | N/A | N/A | 0.6 | 0% |
| China | 444 | 569 | 588 | N/A | 15.1% |
| Taiwan (Chinese) | 144 | 63.8 | 145 | N/A | 0.3% |
| Netherlands | 24.2 | N/A | N/A | N/A | 0% |
| Bahrain | 2.8 | N/A | N/A | N/A | 0% |
| Others | 108 | 90.8 | 106 | 6.2 | -61.4% |
| Total | 2,115 | 1,489 | 1,410 | 1,450 | -11.8% |
Top Suppliers of Wood Drilling Machine to the United Arab Emirates in 2022:
- Portugal (335.0 units)
- Turkey (151.0 units)
- Italy (130.0 units)
- Germany (13.0 units)
Wood Drilling Machine Exports in the United Arab Emirates
In 2022, overseas shipments of drilling or morticing machines decreased by -51.3% to 555 units, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2020 with an increase of 141% against the previous year. As a result, the exports attained the peak of 1.7K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, wood drilling machine exports rose rapidly to $428K in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 170%. As a result, the exports reached the peak of $461K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Wood Drilling Machine in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 58.6 | 34.3 | 32.5 | 194 | 49.0% |
| Nigeria | N/A | 349 | 299 | N/A | -14.3% |
| Kenya | 57.6 | N/A | N/A | N/A | 0% |
| Uganda | 3.0 | 1.5 | N/A | N/A | -50.0% |
| Democratic Republic of the Congo | 8.1 | 17.5 | N/A | N/A | 116.0% |
| India | 6.8 | 12.1 | 17.7 | N/A | 61.3% |
| Oman | 19.6 | 5.4 | 18.0 | N/A | -4.2% |
| Others | 17.0 | 41.2 | 29.0 | 234 | 139.7% |
| Total | 171 | 461 | 396 | 428 | 35.8% |
Top Export Markets for Wood Drilling Machine from the United Arab Emirates in 2022:
- Rwanda (555.0 units)
This report provides an in-depth analysis of the wood drilling machine market in the United Arab Emirates. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28491267 - Drilling or morticing machines for working wood, cork, bone, h ard rubber, hard plastics or similar hard materials
Country coverage:
- United Arab Emirates
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the United Arab Emirates
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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