Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the United Arab Emirates - 2022

Contents:

1. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the United Arab Emirates (CIF) - 2022
2. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the United Arab Emirates (FOB) - 2022
3. Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the United Arab Emirates
4. Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the United Arab Emirates

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the United Arab Emirates (CIF) - 2022

The average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $61 per thousand units in 2022, approximately reflecting the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 30% against the previous year. As a result, import price attained the peak level of $65 per thousand units. From 2017 to 2022, the average import prices remained at a somewhat 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 ($127 per thousand units), while the price for Malaysia ($23 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+21.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the United Arab Emirates (FOB) - 2022

The average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $53 per thousand units in 2022, picking up by 8.1% against the previous year. Overall, the export price posted strong growth. The pace of growth was the most pronounced in 2018 an increase of 86%. The export price peaked at $58 per thousand units in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($112 per thousand units), while the average price for exports to Rwanda ($5.8 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the United Arab Emirates

In 2022, purchases abroad of electrical circuit prefabricated elements, connectors, contact elements and other equipment increased by 5.3% to 3B units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt shrinkage. Imports peaked at 3.9B units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment expanded modestly to $181M in 2022. In general, imports, however, showed a pronounced setback. Over the period under review, imports of reached the maximum at $198M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to the United Arab Emirates in 2022:

1. China (1153.2M units)
2. Germany (351.7M units)
3. Turkey (344.3M units)
4. United Kingdom (178.2M units)
5. Italy (156.1M units)
6. Malaysia (123.5M units)
7. Singapore (99.3M units)
8. India (98.5M units)
9. United States (90.1M units)
10. South Korea (82.3M units)

Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in the United Arab Emirates

In 2022, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment from the United Arab Emirates fell rapidly to 1.5B units, declining by -36.4% on the previous year. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. Over the period under review, the exports of attained the peak figure at 2.5B units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment fell markedly to $79M in 2022. In general, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 23%. The exports peaked at $133M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from the United Arab Emirates in 2022:

1. Singapore (291.5M units)
2. India (180.0M units)
3. Bahrain (153.9M units)
4. Belgium (126.6M units)
5. Oman (110.1M units)
6. Kuwait (93.0M units)
7. Taiwan (Chinese) (70.9M units)
8. Rwanda (48.7M units)
9. Ghana (41.9M units)
10. United Kingdom (40.1M units)
11. United States (37.8M units)
12. Indonesia (35.8M units)
13. Uzbekistan (29.0M units)

Source: IndexBox Market Intelligence Platform