Price for Navigational Instruments and Appliances; Parts and Accessories in the United Arab Emirates - 2022
Contents:
- Price for Navigational Instruments and Appliances; Parts and Accessories in the United Arab Emirates (CIF) - 2022
- Price for Navigational Instruments and Appliances; Parts and Accessories in the United Arab Emirates (FOB) - 2022
- Imports of Navigational Instruments and Appliances; Parts and Accessories in the United Arab Emirates
- Exports of Navigational Instruments and Appliances; Parts and Accessories in the United Arab Emirates
Price for Navigational Instruments and Appliances; Parts and Accessories in the United Arab Emirates (CIF) - 2022
The average import price for navigational instruments and appliances; parts and accessorieses stood at $434,178 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price saw a noticeable decline. The pace of growth was the most pronounced in 2014 when the average import price increased by 16%. Over the period under review, average import prices attained the maximum at $784,461 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($1,762,709 per ton), while the price for India ($64,731 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Navigational Instruments and Appliances; Parts and Accessories in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for navigational instruments and appliances; parts and accessorieses amounted to $647,047 per ton, with a decrease of -23.5% against the previous year. In general, the export price, however, showed a prominent increase. The growth pace was the most rapid in 2019 an increase of 108% against the previous year. Over the period under review, the average export prices reached the peak figure at $952,496 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
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 Singapore ($808,119 per ton), while the average price for exports to Norway ($77,627 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 Pakistan (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Navigational Instruments and Appliances; Parts and Accessories in the United Arab Emirates
In 2022, after three years of growth, there was significant decline in purchases abroad of navigational instruments and appliances; parts and accessorieses, when their volume decreased by -14.4% to 40 tons. Overall, imports recorded a pronounced decline. The most prominent rate of growth was recorded in 2020 when imports increased by 5.5% against the previous year.
In value terms, imports of navigational instruments and appliances; parts and accessorieses fell to $17M in 2022. Over the period under review, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 0.6%.
| Import of Navigational Instruments and Appliances; Parts and Accessories in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.3 | 7.2 | 8.7 | 4.6 | -14.3% |
| Netherlands | 1.0 | 1.1 | 1.1 | 1.7 | 19.3% |
| France | 7.0 | 4.3 | 1.1 | 1.7 | -37.6% |
| Germany | 1.4 | 1.5 | 1.7 | 1.7 | 6.7% |
| Japan | 1.7 | 2.1 | 1.7 | 1.5 | -4.1% |
| United Kingdom | 3.2 | 1.2 | 1.7 | 1.4 | -24.1% |
| China | 0.1 | 0.1 | 0.3 | 0.7 | 91.3% |
| Singapore | 0.5 | 0.5 | 1.3 | 0.6 | 6.3% |
| Denmark | 0.3 | 0.2 | 0.4 | 0.5 | 18.6% |
| India | 0.5 | 0.2 | 0.2 | 0.5 | 0.0% |
| Norway | 0.5 | 0.4 | 0.3 | 0.5 | 0.0% |
| Australia | 0.1 | N/A | N/A | 0.3 | 44.2% |
| Pakistan | N/A | 0.1 | 0.3 | 0.1 | 0.0% |
| Others | 1.7 | 1.4 | 1.7 | 1.7 | 0.0% |
| Total | 25.2 | 20.4 | 20.5 | 17.4 | -11.6% |
Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to the United Arab Emirates in 2022:
- India (7.8 tons)
- China (5.3 tons)
- United States (5.0 tons)
- Japan (3.7 tons)
- Netherlands (2.9 tons)
- Germany (2.6 tons)
- Norway (2.3 tons)
- Singapore (2.1 tons)
- France (1.1 tons)
- Pakistan (1.0 tons)
- Denmark (1.0 tons)
- Australia (0.8 tons)
- United Kingdom (0.8 tons)
Exports of Navigational Instruments and Appliances; Parts and Accessories in the United Arab Emirates
In 2022, exports of navigational instruments and appliances; parts and accessorieses from the United Arab Emirates soared to 12 tons, jumping by 57% against 2021. Overall, total exports indicated a moderate increase from 2019 to 2022: its volume increased at an average annual rate of +2.7% 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 +66.4% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of navigational instruments and appliances; parts and accessorieses surged to $7.5M in 2022. The total export value increased at an average annual rate of +3.4% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Navigational Instruments and Appliances; Parts and Accessories in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 4,049 | 4,364 | 2,854 | 3,270 | -6.9% |
| Oman | 910 | 1,470 | 2,079 | 2,735 | 44.3% |
| France | 14.9 | 6.7 | 198 | 504 | 223.4% |
| India | 394 | 477 | 613 | 313 | -7.4% |
| Netherlands | 80.9 | 101 | 39.8 | 197 | 34.5% |
| United States | 900 | 13.2 | N/A | 175 | -42.1% |
| Norway | 82.4 | 5.3 | 3.6 | 78.0 | -1.8% |
| Others | 345 | 189 | 454 | 217 | -14.3% |
| Total | 6,776 | 6,626 | 6,242 | 7,490 | 3.4% |
Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from the United Arab Emirates in 2022:
- Singapore (4.0 tons)
- Oman (3.5 tons)
- Norway (1.0 tons)
- India (0.7 tons)
- France (0.7 tons)
- Netherlands (0.5 tons)
- United States (0.3 tons)
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