United Arab Emirates: Market for Air Conditioning Machines For Motor Vehicles 2024

Market Size for Air Conditioning Machines For Motor Vehicles in the United Arab Emirates

In 2022, the market for air conditioning machines for motor vehicles in the United Arab Emirates increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption recorded a buoyant expansion. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Air Conditioning Machines For Motor Vehicles in the United Arab Emirates

In value terms, motor vehicle air conditioning machine production fell to $X in 2022 estimated in export price. Over the period under review, production, however, posted a strong expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Air Conditioning Machines For Motor Vehicles

Exports from the United Arab Emirates

In 2022, overseas shipments of air conditioning machines for motor vehicles were finally on the rise to reach X units after four years of decline. Overall, exports saw a significant increase. Over the period under review, the exports reached the maximum at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, motor vehicle air conditioning machine exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Bahrain (X units), Libya (X units) and China (X units) were the main destinations of motor vehicle air conditioning machine exports from the United Arab Emirates, with a combined X% share of total exports. Saudi Arabia, South Korea, Qatar, Japan, Oman, Thailand, Pakistan, Azerbaijan, Taiwan (Chinese) and Iran lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Azerbaijan (with a CAGR of X.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for motor vehicle air conditioning machine exported from the United Arab Emirates were Libya ($X), Saudi Arabia ($X) and China ($X), with a combined X% share of total exports. Qatar, Japan, Thailand, Pakistan, South Korea, Azerbaijan, Oman, Bahrain, Taiwan (Chinese) and Iran lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Azerbaijan, with a CAGR of X.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for air conditioning machines for motor vehicles stood at $X per unit in 2022, reducing by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price reached the peak level of $X per unit, and then plummeted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Bahrain ($X 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 Azerbaijan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Air Conditioning Machines For Motor Vehicles

Imports into the United Arab Emirates

In 2022, approx. X units of air conditioning machines for motor vehicles were imported into the United Arab Emirates; increasing by X% compared with the year before. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, motor vehicle air conditioning machine imports surged to $X in 2022. Over the period under review, imports recorded a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, South Korea (X units) constituted the largest motor vehicle air conditioning machine supplier to the United Arab Emirates, with a X% share of total imports. Moreover, motor vehicle air conditioning machine imports from South Korea exceeded the figures recorded by the second-largest supplier, Japan (X units), twofold. China (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from South Korea amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and China (X% per year).

In value terms, the largest motor vehicle air conditioning machine suppliers to the United Arab Emirates were South Korea ($X), China ($X) and India ($X), together comprising X% of total imports. Japan and the United States lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Japan, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for air conditioning machines for motor vehicles amounted to $X per unit, surging by X% against the previous year. Over the period under review, the import price, however, saw a drastic downturn. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 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 China ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform