Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in the United Arab Emirates - 2022

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in the United Arab Emirates (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in the United Arab Emirates (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in the United Arab Emirates
4. Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in the United Arab Emirates

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in the United Arab Emirates (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses stood at $410 per unit in 2022, growing by 24% against the previous year. Over the period under review, the import price continues to indicate a modest expansion. The growth pace was the most rapid in 2021 when the average import price increased by 72% against the previous year. Over the period under review, average import prices hit record highs at $787 per unit in 2014; however, from 2015 to 2022, import prices remained at a 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 Italy ($1,236 per unit), while the price for India ($193 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+38.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $1,262 per unit, with an increase of 4.9% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 214%. Over the period under review, the average export prices hit record highs at $2,651 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($2,103 per unit), while the average price for exports to Pakistan ($619 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 Rwanda (+40.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in the United Arab Emirates

In 2022, the amount of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses imported into the United Arab Emirates shrank rapidly to 208 units, waning by -56.5% compared with the previous year. Overall, imports saw a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. Imports peaked at 677 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses fell rapidly to $85K in 2022. In general, imports continue to indicate a dramatic slump. The pace of growth was the most pronounced in 2021 when imports increased by 152% against the previous year. Imports peaked at $217K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to the United Arab Emirates in 2022:

1. China (138.0 units)
2. United States (31.0 units)
3. India (26.0 units)
4. Italy (9.0 units)
5. Poland (4.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in the United Arab Emirates

Exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses from the United Arab Emirates surged to 8 units in 2022, with an increase of 60% compared with 2021 figures. In general, exports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 67% against the previous year. Over the period under review, the exports of hit record highs at 11 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses skyrocketed to $10K in 2022. Overall, exports saw strong growth. The growth pace was the most rapid in 2021 with an increase of 424%. The exports peaked in 2022 and are likely to continue growth in the near future.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices from the United Arab Emirates in 2022:

1. Pakistan (3.0 units)
2. Rwanda (2.0 units)
3. Seychelles (2.0 units)
4. Oman (1.0 units)

Source: IndexBox Market Intelligence Platform