Price for Electric Motors; AC Motors, Single-Phase in the United Arab Emirates - 2021

Contents:

  1. Price for Electric Motors; AC Motors, Single-Phase in the United Arab Emirates (CIF) - 2022
  2. Price for Electric Motors; AC Motors, Single-Phase in the United Arab Emirates (FOB) - 2022
  3. Imports of Electric Motors; AC Motors, Single-Phase in the United Arab Emirates
  4. Exports of Electric Motors; AC Motors, Single-Phase in the United Arab Emirates

Price for Electric Motors; AC Motors, Single-Phase in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for electric motors; AC motors, single-phases amounted to $18 per unit, jumping by 28% against the previous year. In general, the import price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 38%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

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 ($116 per unit), while the price for China ($8.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electric Motors; AC Motors, Single-Phase in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for electric motors; AC motors, single-phases amounted to $65 per unit, declining by -18.6% against the previous year. In general, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of 32% against the previous year. The export price peaked at $190 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($203 per unit), while the average price for exports to Iran ($56 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.1%), while the prices for the other major destinations experienced a decline.

Imports of Electric Motors; AC Motors, Single-Phase in the United Arab Emirates

In 2022, after three years of growth, there was significant decline in purchases abroad of electric motors; AC motors, single-phases, when their volume decreased by -36% to 2.6M units. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 44% against the previous year. As a result, imports reached the peak of 4M units, and then reduced notably in the following year.

In value terms, electric motors; AC motors, single-phase imports fell sharply to $46M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 40%. As a result, imports reached the peak of $56M, and then declined remarkably in the following year.

Import of Electric Motors; AC Motors, Single-Phase in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17.022.331.316.9-0.2%
TunisiaN/AN/AN/A7.20%
United States1.52.13.54.342.1%
Italy0.90.81.13.861.6%
France3.44.56.23.40.0%
PolandN/A0.1N/A2.6409.9%
Others17.710.113.67.5-24.9%
Total40.539.955.745.84.2%

Top Suppliers of Electric Motors; AC Motors, Single-Phase to the United Arab Emirates in 2022:

  1. China (1961.8K units)
  2. France (110.3K units)
  3. Tunisia (74.9K units)
  4. Poland (62.9K units)
  5. Italy (53.3K units)
  6. United States (37.3K units)

Exports of Electric Motors; AC Motors, Single-Phase in the United Arab Emirates

In 2022, the amount of electric motors; AC motors, single-phases exported from the United Arab Emirates surged to 269K units, increasing by 1,712% on the year before. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, electric motors; AC motors, single-phase exports surged to $17M in 2022. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Electric Motors; AC Motors, Single-Phase in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia3.155.11087,5771247.0%
Kuwait0.210.9N/A2,2502140.7%
SudanN/AN/AN/A1,1560%
IraqN/AN/AN/A9140%
QatarN/AN/AN/A9060%
AfghanistanN/AN/AN/A6270%
TurkmenistanN/AN/AN/A4350%
Oman24859052838015.3%
United StatesN/AN/A2.535714180.0%
AustraliaN/AN/AN/A2780%
ChinaN/AN/AN/A2410%
Pakistan77.010.921.123444.8%
Others5716535182,02852.6%
Total9001,3201,17817,382168.3%

Top Export Markets for Electric Motors; AC Motors, Single-Phase from the United Arab Emirates in 2022:

  1. Saudi Arabia (134.9K units)
  2. Sudan (20.6K units)
  3. Iraq (16.3K units)
  4. Qatar (16.1K units)
  5. Afghanistan (11.2K units)
  6. Kuwait (11.1K units)
  7. Turkmenistan (7.7K units)
  8. Oman (6.8K units)
  9. United States (6.3K units)
  10. Australia (4.9K units)
  11. China (4.3K units)
  12. Pakistan (4.2K units)

Source: IndexBox Market Intelligence Platform

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