Cranes; Tower Cranes Price in the United Arab Emirates - 2021
Contents:
- Cranes; Tower Cranes Price in the United Arab Emirates (FOB) - 2022
- Cranes; Tower Cranes Price in the United Arab Emirates (CIF) - 2022
- Cranes; Tower Cranes Exports in the United Arab Emirates
- Cranes; Tower Cranes Imports in the United Arab Emirates
Cranes; Tower Cranes Price in the United Arab Emirates (FOB) - 2022
In 2022, the average cranes; tower cranes export price amounted to $137,254 per unit, jumping by 58% against the previous year. Overall, the export price recorded buoyant growth. The growth pace was the most rapid in 2020 an increase of 111%. The export price peaked at $142,555 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Georgia.
From 2012 to 2022, the rate of growth in terms of prices for Georgia amounted to +31.6% per year.
Cranes; Tower Cranes Price in the United Arab Emirates (CIF) - 2022
In 2022, the average cranes; tower cranes import price amounted to $13,270 per unit, with a decrease of -83% against the previous year. Overall, the import price showed a abrupt decrease. The pace of growth appeared the most rapid in 2015 when the average import price increased by 60%. As a result, import price attained the peak level of $98,367 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to +12.7% per year.
Cranes; Tower Cranes Exports in the United Arab Emirates
In 2022, approx. 94 units of cranes; tower craneses were exported from the United Arab Emirates; declining by -20.3% compared with the previous year. In general, exports showed a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 7.3% against the previous year. Over the period under review, the exports hit record highs at 218 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, cranes; tower cranes exports soared to $13M in 2022. Over the period under review, exports recorded a pronounced curtailment. The exports peaked at $16M in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
| Export of Cranes; Tower Cranes in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Georgia | N/A | N/A | 0.2 | 12.9 | 6350.0% |
| Hong Kong SAR | N/A | 6.8 | 1.0 | N/A | -85.3% |
| Cyprus | N/A | N/A | N/A | N/A | 0% |
| Ireland | N/A | 1.7 | N/A | N/A | 0% |
| Netherlands | 0.6 | 1.1 | 0.9 | N/A | 22.5% |
| Sweden | 1.0 | 1.0 | N/A | N/A | 0.0% |
| France | 0.6 | 1.8 | 2.6 | N/A | 108.2% |
| India | 8.8 | 0.1 | 0.6 | N/A | -73.9% |
| Egypt | 0.4 | N/A | 0.4 | N/A | 0.0% |
| Canada | N/A | 0.5 | 0.8 | N/A | 60.0% |
| Others | 3.1 | 2.6 | 3.6 | N/A | 7.8% |
| Total | 14.6 | 15.5 | 10.3 | 12.9 | -4.0% |
Top Export Markets for Cranes; Tower Cranes from the United Arab Emirates in 2022:
- Georgia (93.0 units)
Cranes; Tower Cranes Imports in the United Arab Emirates
In 2022, supplies from abroad of cranes; tower craneses increased by 415% to 1.7K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cranes; tower cranes imports dropped to $22M in 2022. In general, imports, however, faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. Imports peaked at $39M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Cranes; Tower Cranes in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 22.3 | 0% |
| Kuwait | 4.9 | 1.9 | N/A | N/A | -61.2% |
| South Korea | 6.4 | 0.1 | N/A | N/A | -98.4% |
| China | 13.9 | 8.0 | 7.5 | N/A | -26.5% |
| United Kingdom | 2.2 | 1.4 | 0.7 | N/A | -43.6% |
| France | 4.2 | 1.2 | 1.7 | N/A | -36.4% |
| Oman | 1.8 | 0.6 | 3.1 | N/A | 31.2% |
| Italy | 3.8 | 1.3 | 4.4 | N/A | 7.6% |
| Others | 2.0 | 4.7 | 8.1 | N/A | 101.2% |
| Total | 39.1 | 19.1 | 25.4 | 22.3 | -17.1% |
Top Suppliers of Cranes; Tower Cranes to the United Arab Emirates in 2022:
- Turkey (1.7K units)
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