UAE: Market analysis of motor driven pulley block and hoist 2022

 The electric pulley block and hoist market in the United Arab Emirates will rapidly decline to US $X in 2021, a decrease of X% over the previous year. On the whole, consumption has experienced a deep downturn. In 2012, consumption reached the peak of $X; However, from 2013 to 2021, consumption will remain at a low level.

In terms of value, the export price of the output of pulley block and hoist powered by motor in 2021 is estimated to be X dollars. Overall, production is facing a sharp contraction. During the reporting period, the output in 2019 reached a record $X; However, from 2020 to 2021, the output will remain at a low level.

Exports of Pulley Tackle And Hoists Powered By An Electric Motor

In 2021, the number of electric pulley blocks and hoists exported from the United Arab Emirates will soar to X, an increase of X% compared with the figure in 2020. During the reporting period, exports grew strongly. During the reporting period, the export reached the maximum of X sets in 2019; However, from 2020 to 2021, the number of exports has declined.

In terms of value, the export of pulley blocks and hoists driven by electric motors will soar to $X in 2021. In general, exports have increased significantly. During the reporting period, China’s exports reached the peak figure of US $X in 2019; However, from 2020 to 2021, exports will remain at a low level.

Oman (X sets) is the main export destination of pulley blocks and hoists driven by motors in the United Arab Emirates, accounting for X% of the total export share. In addition, the number of pulley blocks and motor driven cranes exported to Oman is more than ten times that to Lebanon, the second largest destination (X sets).

From 2012 to 2021, the average annual growth rate of Oman’s exports will total+X%.

From 2012 to 2021, the average annual growth rate of Oman’s value is+X%.

Imports of Pulley Tackle And Hoists Powered By An Electric Motor

In 2021, after eight years of decline, the number of electric pulley blocks and cranes purchased from abroad finally reached X sets. However, in general, imports continue to show a significant reduction. During the reporting period, the import hit a record in 2012, reaching X sets; However, from 2013 to 2021, imports failed to recover momentum.

In terms of value, the import of pulley blocks and hoists driven by electric motors will soar to $X in 2021. However, on the whole, imports declined slightly. The most significant growth rate occurred in 2019, with a year-on-year growth of X%. The import reached the peak of US $X in 2015; However, from 2016 to 2021, imports have not recovered momentum.

In 2021, China (X sets) will become the largest supplier of pulley blocks and electric hoists in the United Arab Emirates, accounting for X% of the total imports. In addition, the number of pulley blocks and motor-driven cranes imported from China is more than four times that of the Netherlands (X sets), the second largest supplier. Germany (Taiwan X) ranks third in total imports with X% share.

From 2012 to 2021, the average annual growth rate of exports from China will reach+X%. The average annual import growth rate of the remaining supplier countries is as follows: Netherlands (+X% per year) and Germany (- X% per year).

By value, the largest pulley blocks and cranes powered by motor suppliers in the United Arab Emirates are Germany (US $X), the United States (US $X) and Spain (US $X), accounting for X% of the total import share. China, the Netherlands, Britain and Italy are slightly backward, accounting for the other X major suppliers. During the review period, the compound annual growth rate of the Netherlands was+X%, with the highest growth rate of import value, while the import growth rate of other leading countries was moderate.

Statistics of various crane suppliers in UAE

In value terms, Germany, the United States and Spain were the largest pulley tackle and hoists powered by an electric motor suppliers to the United Arab Emirates, with a combined 53% share of total imports. China, the Netherlands, the UK and Italy lagged somewhat behind, together accounting for a further 27%.

The average export price for pulley tackle and hoists powered by an electric motor stood at $25 per unit in 2021, declining by -68.5% against the previous year.

The average import price for pulley tackle and hoists powered by an electric motor stood at $353 per unit in 2021, surging by 2.1% against the previous year.

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UAE: Market analysis of motor driven pulley block and hoist 2022