Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in the United Arab Emirates - 2022

Contents:

1. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in the United Arab Emirates (CIF) - 2022
2. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in the United Arab Emirates (FOB) - 2022
3. Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in the United Arab Emirates
4. Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in the United Arab Emirates

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in the United Arab Emirates (CIF) - 2022

The average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $581 per unit in 2022, falling by -51.3% against the previous year. In general, the import price, however, saw strong growth. The growth pace was the most rapid in 2014 when the average import price increased by 324%. The import price peaked at $1,722 per unit in 2018; however, from 2019 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 United States ($9,875 per unit), while the price for India ($170 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $503 per unit, with an increase of 21% against the previous year. Overall, the export price enjoyed a notable increase. The most prominent rate of growth was recorded in 2018 an increase of 72%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($897 per unit), while the average price for exports to France ($106 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 Jordan (+42.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in the United Arab Emirates

In 2022, supplies from abroad of weighing machines; having a maximum weighing capacity exceeding 5000kgs was finally on the rise to reach 4.1K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs surged to $2.4M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to the United Arab Emirates in 2022:

1. India (3337.0 units)
2. United Kingdom (305.0 units)
3. Italy (94.0 units)
4. Turkey (82.0 units)
5. Lebanon (78.0 units)
6. China (75.0 units)
7. Germany (27.0 units)

Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in the United Arab Emirates

In 2022, the amount of weighing machines; having a maximum weighing capacity exceeding 5000kgs exported from the United Arab Emirates shrank markedly to 915 units, which is down by -43.2% on the previous year's figure. Overall, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. As a result, the exports attained the peak of 1.6K units, and then reduced sharply in the following year.

In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs dropped remarkably to $460K in 2022. In general, exports recorded a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 35% against the previous year. As a result, the exports reached the peak of $667K, and then contracted rapidly in the following year.

Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from the United Arab Emirates in 2022:

1. Nigeria (493.0 units)
2. Oman (92.0 units)
3. Mozambique (69.0 units)
4. Rwanda (48.0 units)
5. France (34.0 units)
6. Seychelles (28.0 units)
7. Zimbabwe (26.0 units)
8. Jordan (23.0 units)
9. Angola (22.0 units)
10. Kenya (19.0 units)
11. Tanzania (4.0 units)

Source: IndexBox Market Intelligence Platform