Price for Tugs and Pusher Craft in the United Arab Emirates - 2021
Contents:
- Price for Tugs and Pusher Craft in the United Arab Emirates (FOB) - 2022
- Price for Tugs and Pusher Craft in the United Arab Emirates (CIF) - 2022
- Exports of Tugs and Pusher Craft in the United Arab Emirates
- Imports of Tugs and Pusher Craft in the United Arab Emirates
Price for Tugs and Pusher Craft in the United Arab Emirates (FOB) - 2022
The average tugs and pusher craft export price stood at $1,773,183 per unit in 2022, dropping by -15.4% against the previous year. In general, the export price, however, showed a buoyant increase. The growth pace was the most rapid in 2019 an increase of 194% against the previous year. As a result, the export price reached the peak level of $3,456,230 per unit. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($5,675,919 per unit), while the average price for exports to Ukraine ($355,639 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 India (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tugs and Pusher Craft in the United Arab Emirates (CIF) - 2022
In 2022, the average tugs and pusher craft import price amounted to $65,854,902 per unit, with an increase of 18% against the previous year. Overall, the import price saw a resilient increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 238%. Over the period under review, average import prices reached the maximum at $129,132,618 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 Saudi Arabia ($721,000,765 per unit), while the price for the UK ($3,727 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+46.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tugs and Pusher Craft in the United Arab Emirates
In 2022, after two years of decline, there was significant growth in overseas shipments of tugs and pusher crafts, when their volume increased by 193% to 41 units. In general, exports, however, saw a abrupt decrease. Over the period under review, the exports reached the maximum at 55 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, tugs and pusher craft exports surged to $73M in 2022. Overall, exports, however, saw a precipitous contraction. Over the period under review, the exports reached the peak figure at $190M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Tugs and Pusher Craft in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 135 | 69.6 | 5.6 | 46.4 | -30.0% |
| Saudi Arabia | N/A | 0.7 | 2.1 | 5.7 | 185.4% |
| Russia | 9.3 | 6.7 | 2.0 | 5.6 | -15.6% |
| Netherlands | 13.4 | 5.2 | 0.4 | 4.1 | -32.6% |
| Cyprus | 5.1 | 4.2 | 1.2 | 3.2 | -14.4% |
| Kuwait | 7.7 | 4.8 | 1.2 | 2.9 | -27.8% |
| Oman | 0.1 | 5.9 | 0.9 | 2.6 | 196.2% |
| Nigeria | 6.7 | 2.7 | 0.2 | 2.1 | -32.1% |
| Ukraine | 0.9 | 0.5 | 0.1 | 0.4 | -23.7% |
| Guinea | 5.4 | 5.6 | N/A | N/A | 3.7% |
| Others | 6.4 | 17.4 | 16.1 | 0.4 | -60.3% |
| Total | 190 | 123 | 29.8 | 73.3 | -27.2% |
Top Export Markets for Tugs and Pusher Craft from the United Arab Emirates in 2022:
- India (14.0 units)
- Netherlands (9.0 units)
- Saudi Arabia (7.0 units)
- Oman (3.0 units)
- Cyprus (2.0 units)
- Kuwait (2.0 units)
- Ukraine (1.0 units)
- Nigeria (1.0 units)
- Russia (1.0 units)
Imports of Tugs and Pusher Craft in the United Arab Emirates
After three years of growth, supplies from abroad of tugs and pusher crafts decreased by -11.8% to 15 units in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 6.7%. Imports peaked at 17 units in 2021, and then shrank in the following year.
In value terms, tugs and pusher craft imports rose modestly to $968M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 281%. As a result, imports attained the peak of $1.1B. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Tugs and Pusher Craft in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 56.6 | 789 | 686 | 684 | 129.5% |
| India | 147 | 151 | 54.7 | 118 | -7.1% |
| Oman | 1.5 | 67.0 | 81.3 | 81.0 | 278.0% |
| Romania | 12.9 | 14.7 | 16.3 | 17.9 | 11.5% |
| Turkey | 4.0 | 3.5 | 4.3 | 10.6 | 38.4% |
| Pakistan | 11.3 | 0.7 | 2.9 | 5.0 | -23.8% |
| Nigeria | 4.7 | 4.8 | 4.8 | 4.8 | 0.7% |
| Japan | 0.6 | 0.7 | 0.8 | 0.9 | 14.5% |
| Italy | 0.9 | 0.9 | 0.8 | 0.7 | -8.0% |
| Ukraine | 0.7 | 0.5 | 0.7 | 0.7 | 0.0% |
| Kuwait | 0.8 | 0.5 | 0.1 | 0.5 | -14.5% |
| Indonesia | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| United Kingdom | N/A | N/A | N/A | N/A | 0% |
| Others | 39.9 | 39.7 | 69.6 | 44.0 | 3.3% |
| Total | 281 | 1,073 | 922 | 968 | 51.0% |
Top Suppliers of Tugs and Pusher Craft to the United Arab Emirates in 2022:
- Turkey (1.0 units)
- Pakistan (1.0 units)
- Romania (1.0 units)
- Italy (1.0 units)
- Oman (1.0 units)
- Indonesia (1.0 units)
- India (1.0 units)
- Saudi Arabia (1.0 units)
- United Kingdom (1.0 units)
- Japan (1.0 units)
- Nigeria (1.0 units)
- Kuwait (1.0 units)
- Ukraine (1.0 units)
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