Price for Machinery; Parts of the Machinery of Heading No. 8425 in the United Arab Emirates - 2022
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in the United Arab Emirates (CIF) - 2022
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in the United Arab Emirates (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8425 in the United Arab Emirates
- Exports of Machinery; Parts of the Machinery of Heading No. 8425 in the United Arab Emirates
Price for Machinery; Parts of the Machinery of Heading No. 8425 in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $15,954 per ton, shrinking by -3.2% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for machinery; parts of the machinery of heading no. 8425 increased by +8.4% against 2016 indices. The most prominent rate of growth was recorded in 2016 an increase of 38% against the previous year. Over the period under review, average import prices hit record highs at $16,475 per ton in 2021, and then dropped modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($49,359 per ton), while the price for India ($6,597 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of the Machinery of Heading No. 8425 in the United Arab Emirates (FOB) - 2022
The average export price for machinery; parts of the machinery of heading no. 8425 stood at $7,797 per ton in 2022, picking up by 7% against the previous year. Overall, the export price, however, showed a perceptible decline. The pace of growth appeared the most rapid in 2017 an increase of 83% against the previous year. Over the period under review, the average export prices hit record highs at $13,137 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ethiopia ($40,676 per ton), while the average price for exports to the Netherlands ($4,625 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+40.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machinery; Parts of the Machinery of Heading No. 8425 in the United Arab Emirates
In 2022, supplies from abroad of machinery; parts of the machinery of heading no. 8425 decreased by -21% to 1.1K tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 12%. As a result, imports reached the peak of 1.5K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of machinery; parts of the machinery of heading no. 8425 dropped dramatically to $18M in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 17% against the previous year. As a result, imports reached the peak of $23M, and then fell remarkably in the following year.
| Import of Machinery; Parts of the Machinery of Heading No. 8425 in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.0 | 4.6 | 4.4 | 5.4 | 2.6% |
| India | 1.7 | 2.1 | 1.1 | 1.6 | -2.0% |
| China | 1.5 | 1.4 | 0.8 | 1.6 | 2.2% |
| United Kingdom | 1.0 | 0.9 | 1.9 | 1.5 | 14.5% |
| Germany | 1.8 | 1.4 | 1.6 | 1.4 | -8.0% |
| Netherlands | 1.3 | 1.3 | 1.4 | 0.8 | -14.9% |
| Poland | N/A | N/A | N/A | 0.8 | 0% |
| France | 0.3 | 0.4 | 3.7 | 0.7 | 32.6% |
| Italy | 1.5 | 1.8 | 3.7 | 0.6 | -26.3% |
| Canada | 0.4 | 1.3 | 0.5 | 0.2 | -20.6% |
| Kuwait | 0.1 | 1.7 | N/A | N/A | 1600.0% |
| Oman | 0.1 | 0.2 | 0.4 | N/A | 100.0% |
| Saudi Arabia | N/A | 0.6 | 0.7 | N/A | 16.7% |
| Others | 3.1 | 2.1 | 3.0 | 3.0 | -1.1% |
| Total | 17.8 | 19.7 | 23.0 | 17.6 | -0.4% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to the United Arab Emirates in 2022:
- United States (248.7 tons)
- India (245.1 tons)
- China (239.4 tons)
- Poland (67.8 tons)
- United Kingdom (49.4 tons)
- France (42.9 tons)
- Netherlands (37.1 tons)
- Italy (34.1 tons)
- Germany (28.1 tons)
- Canada (12.6 tons)
- Oman (1.3 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8425 in the United Arab Emirates
In 2022, exports of machinery; parts of the machinery of heading no. 8425 from the United Arab Emirates skyrocketed to 774 tons, rising by 32% compared with 2021 figures. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +92.6% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 51%. Over the period under review, the exports of machinery; parts of machinery of heading no. 8425 reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, exports of machinery; parts of the machinery of heading no. 8425 skyrocketed to $6M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 43% against the previous year. As a result, the exports reached the peak of $6.8M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Machinery; Parts of the Machinery of Heading No. 8425 in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 518 | 340 | 74.1 | 2,376 | 66.2% |
| Oman | 1,205 | 3,829 | 1,416 | 2,061 | 19.6% |
| Ethiopia | 1.3 | 9.9 | N/A | 530 | 641.5% |
| India | 237 | 75.8 | 113 | 320 | 10.5% |
| Switzerland | 52.2 | 65.0 | 235 | 203 | 57.3% |
| Netherlands | 44.7 | 161 | 1,066 | 77.1 | 19.9% |
| Brunei Darussalam | 48.0 | N/A | 27.1 | N/A | -24.9% |
| Iran | 840 | 432 | 580 | N/A | -16.9% |
| Saudi Arabia | 1,001 | 336 | 174 | N/A | -58.3% |
| Others | 814 | 1,561 | 594 | 470 | -16.7% |
| Total | 4,761 | 6,809 | 4,278 | 6,036 | 8.2% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from the United Arab Emirates in 2022:
- United Kingdom (363.7 tons)
- Oman (306.6 tons)
- Switzerland (23.1 tons)
- Netherlands (16.7 tons)
- India (13.1 tons)
- Ethiopia (13.0 tons)
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