Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the United Arab Emirates - 2022

Contents:

1. Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the United Arab Emirates (CIF) - 2022
2. Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the United Arab Emirates (FOB) - 2022
3. Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the United Arab Emirates
4. Exports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the United Arab Emirates

Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for vessels; other, including warships and lifeboats, other than rowing boatses amounted to $7,233,891 per unit, waning by -60.9% against the previous year. Over the period under review, the import price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 1,573%. Over the period under review, average import prices hit record highs at $38,746,879 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Angola ($39,994,955 per unit), while the price for Oman ($559 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Angola (+222.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for vessels; other, including warships and lifeboats, other than rowing boatses amounted to $6,350,704 per unit, waning by -46.4% against the previous year. Over the period under review, the export price, however, enjoyed measured growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 133%. Over the period under review, the average export prices attained the maximum at $15,173,034 per unit in 2014; however, from 2015 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 ($33,030,586 per unit), while the average price for exports to the Netherlands ($210 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 Cyprus (+46.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the United Arab Emirates

In 2022, overseas purchases of vessels; other, including warships and lifeboats, other than rowing boatses decreased by -30.4% to 16 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 11%. Imports peaked at 23 units in 2021, and then fell notably in the following year.

In value terms, imports of vessels; other, including warships and lifeboats, other than rowing boatses shrank markedly to $116M in 2022. Over the period under review, imports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2020 with an increase of 530%. As a result, imports attained the peak of $814M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats to the United Arab Emirates in 2022:

1. Angola (1.0 units)
2. Denmark (1.0 units)
3. Taiwan (Chinese) (1.0 units)
4. Oman (1.0 units)
5. India (1.0 units)
6. Malta (1.0 units)
7. France (1.0 units)
8. Iceland (1.0 units)
9. Austria (1.0 units)
10. Germany (1.0 units)
11. Sri Lanka (1.0 units)
12. China (1.0 units)
13. Spain (1.0 units)

Exports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the United Arab Emirates

In 2022, the amount of vessels; other, including warships and lifeboats, other than rowing boatses exported from the United Arab Emirates fell sharply to 6 units, with a decrease of -50% compared with 2021. In general, exports saw a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 33% against the previous year. As a result, the exports reached the peak of 12 units, and then shrank markedly in the following year.

In value terms, exports of vessels; other, including warships and lifeboats, other than rowing boatses dropped remarkably to $38M in 2022. Over the period under review, exports recorded a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 90% against the previous year. Over the period under review, the exports of reached the peak figure at $142M in 2021, and then plummeted in the following year.

Top Export Markets for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats from the United Arab Emirates in 2022:

1. Netherlands (1.0 units)
2. Angola (1.0 units)
3. Oman (1.0 units)
4. India (1.0 units)
5. United States (1.0 units)
6. Cyprus (1.0 units)

Source: IndexBox Market Intelligence Platform