United Arab Emirates - Spades And Shovels - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

United Arab Emirates - Spades And Shovels - Market Analysis, Forecast, Size, Trends And Insights

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Spades and Shovels Price in the United Arab Emirates - 2021

Contents:

  1. Spades and Shovels Price in the United Arab Emirates (CIF) - 2022
  2. Spades and Shovels Price in the United Arab Emirates (FOB) - 2022
  3. Spades and Shovels Imports in the United Arab Emirates
  4. Spades and Shovels Exports in the United Arab Emirates

Spades and Shovels Price in the United Arab Emirates (CIF) - 2022

The average spades and shovels import price stood at $2,164 per ton in 2022, declining by -13.6% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spades and shovels import price increased by +47.4% against 2017 indices. The growth pace was the most rapid in 2021 when the average import price increased by 48%. As a result, import price attained the peak level of $2,505 per ton, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($14,689 per ton), while the price for Brazil ($1,601 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Spades and Shovels Price in the United Arab Emirates (FOB) - 2022

In 2022, the average spades and shovels export price amounted to $1,203 per ton, surging by 10% against the previous year. In general, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spades and shovels export price decreased by -28.7% against 2017 indices. The most prominent rate of growth was recorded in 2015 an increase of 47% against the previous year. The export price peaked at $1,687 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mozambique ($1,571 per ton), while the average price for exports to Rwanda stood at $785 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+62.1%), while the prices for the other major destinations experienced more modest paces of growth.

Spades and Shovels Imports in the United Arab Emirates

In 2022, imports of spades and shovels into the United Arab Emirates rose remarkably to 1.9K tons, with an increase of 10% against the previous year. Overall, imports, however, continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2020 with an increase of 14%. As a result, imports reached the peak of 2.3K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, spades and shovels imports fell to $4M in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 10% against the previous year. As a result, imports reached the peak of $4.2M, and then reduced in the following year.

Import of Spades and Shovels in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil0.40.40.32.789.0%
United KingdomN/AN/A0.10.8700.0%
JapanN/AN/AN/A0.30%
China3.03.33.7N/A11.1%
Others0.10.10.10.344.2%
Total3.53.84.24.04.6%

Top Suppliers of Spades and Shovels to the United Arab Emirates in 2022:

  1. Brazil (1703.6 tons)
  2. Japan (58.0 tons)
  3. United Kingdom (52.0 tons)

Spades and Shovels Exports in the United Arab Emirates

In 2022, overseas shipments of spades and shovels were finally on the rise to reach 393 tons after two years of decline. In general, exports, however, saw a dramatic setback.

In value terms, spades and shovels exports skyrocketed to $473K in 2022. Overall, exports, however, showed a dramatic shrinkage.

Export of Spades and Shovels in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mozambique84.756.140.031955.6%
Rwanda1.71.00.1145340.2%
Comoros28.623.037.7N/A14.8%
Niger9.85.69.3N/A-2.6%
Democratic Republic of the Congo1,022324N/AN/A-68.3%
Tanzania52.825.06.1N/A-66.0%
Madagascar13272.318.5N/A-62.6%
Others1081291999.5-55.5%
Total1,440636310473-31.0%

Top Export Markets for Spades and Shovels from the United Arab Emirates in 2022:

  1. Mozambique (202.9 tons)
  2. Rwanda (184.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the spades and shovels 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 25731010 - Spades and shovels

Country coverage:

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 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
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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