UAE Container Terminal Operations Market Size
| Study Period | 2020-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.67 Billion |
| Market Size (2029) | USD 2.30 Billion |
| CAGR (2024 - 2029) | 6.57 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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UAE Container Terminal Operations Market Analysis
The UAE Container Terminal Operations Market size is estimated at USD 1.67 billion in 2024, and is expected to reach USD 2.30 billion by 2029, growing at a CAGR of 6.57% during the forecast period (2024-2029).
- The supply chain in the maritime industry faced a series of challenges with the onset of the COVID-19 pandemic. Port closures due to coronavirus outbreaks, port congestions, rising prices of bunker fuel, and problems with capacity utilization were plaguing the global marine port services industry for most of 2020 and 2021.
- Due to the pandemic, the volume of containers transported shrank by about 0.3 percent in 2020. On the other hand, the recent spike in container freight rates turned out extremely profitable for marine port services operators, who reported record high-profit margins in 2021.
- Container terminal services are complex and mainly depend upon the nature of shipment and cargo. The cargo can comprise cars, merchandise, crude oil, minerals, etc.
- A different set of machinery, expertise, and manpower is required to handle and manage various types of cargo. For instance, ferry services require different types of ports for their handling. The need for more efficiency in operations at the container terminal is not desirable and can also lead to accidents. Therefore, container terminal operations should be highly efficient and flawless. Container terminal operations are the core of the maritime industry.
- The growing complexity of port operations in the United Arab Emirates has led to extensive diversification and enhancement of port infrastructure and technology. To improve productivity, the UAE ports are integrating more technological and automated solutions, such as robotics, artificial intelligence, and IoT.
- With the advent of digital technology, ports have become more automated, with interconnected supply chains and limited manpower to perform operations. As a result, various investments are being made in port automation to increase port efficiency.
- For example, in 2021, Abu Dhabi Ports Group and France-based CMA CGM Group invested approximately USD 153.9 million in the new Khalifa Port Terminal, intending to create a semi-automated container port throughout the construction of the GCC region.
- In 2022, Middle East ports occupied four of the top five spots in the second edition of the Global Container Port Performance Index (CPPI), developed by the World Bank and S&P Global Market Intelligence.
UAE Container Terminal Operations Market Trends
Booming Crude oil segment
- The UAE, being a major oil producer, has a significant presence in the crude oil segment of container terminal operations. The country has strategically positioned itself as a hub for oil trade, with its modern infrastructure and well-developed ports.
- One of the key players in this segment is the Port of Fujairah, located on the east coast of the UAE. It is a major oil terminal, handling a significant portion of the country's crude oil exports. The port has dedicated facilities for the loading and unloading of crude oil, with deep-water berths capable of accommodating large tankers.
- Another important player in the UAE's crude oil segment is the Port of Jebel Ali, which is one of the largest container terminals in the Middle East. While it primarily focuses on container operations, it also plays a role in the handling of crude oil. The port has dedicated facilities for the storage and transportation of oil, catering to the needs of the region's oil industry.
- In terms of market dynamics, the UAE's crude oil segment is influenced by various factors. Global oil prices, geopolitical developments, and demand-supply dynamics all play a role in shaping the market. The UAE, being a member of the Organization of the Petroleum Exporting Countries (OPEC), also participates in efforts to stabilize oil prices and ensure market stability.
- The container terminal operations market in the UAE has witnessed significant growth over the years. The country's strategic location, well-developed infrastructure, and business-friendly policies have attracted major players in the oil industry. This has led to the expansion of existing terminals and the development of new ones to meet the growing demand for crude oil handling.
Increasing Maritime Trade
- The United Arab Emirates is on track to dominate global maritime trade as a slew of new port infrastructure is delivered. The country has built world-class infrastructure in ports and logistics. By increasing port capacity, the UAE can now meet surging trade volumes in emerging markets.
- By 2050, four of the five largest economies will comprise developing countries. These countries are China, India, Brazil, and Russia. The IMF estimates that these markets will account for 45% of global production by 2025.
- Due to its strategic geographical position between East and West, the UAE is a global trading hub and an essential gateway to these emerging markets. Port investments make the UAE the third-largest re-export market in the world.
- It has nine operating ports, and its flagship, Jebel Ali, is the largest container terminal between Rotterdam and Singapore. The annual container throughput of Jebel Ali Port in 2021 was about 13.7 million units.
- According to the World Bank's Doing Business Report 2022, the country is the largest shipping and port player in the Middle East and North Africa and the fifth largest in the world.
- The United Arab Emirates is home to several large shipowners, including branches of international shipowners. The UAE's offshore industry has weathered the storm relatively better than other parts of the world, and the region's vessel utilization rate is higher than the global average. The United Arab Emirates continues to be an essential hub for many offshore shipowners.
UAE Container Terminal Operations Industry Overview
The United Arab Emirates container terminal operations market is relatively fragmented, with a large number of local and international players, such as Al Yasat Petroleum Operation Company Limited LLC, DP World Sukuk Limited, Aztec Facilities Management, Abu Dhabi Terminal (ADT), and CSP Abu Dhabi Terminal. The market is expected to show positive growth in the forecast period since many companies are jumping into the market.
UAE Container Terminal Operations Market Leaders
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Al Yasat Petroleum Operation Company Limited LLC
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DP World Sukuk Limited
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Aztec Facilities Management
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Abu Dhabi Terminal (ADT)
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CSP Abu Dhabi Terminal
*Disclaimer: Major Players sorted in no particular order
UAE Container Terminal Operations Market News
- August 2023: DP World, a preeminent global trade facilitator, was poised to bolster the resilience of the global supply chain. The company plans a substantial enhancement in container handling capacity, aiming to incorporate an additional 3 million twenty-foot equivalent units (TEUs) by the close of 2023. These augmentations contribute to an anticipated overall gross capacity of 93.6 million TEUs, addressing the escalating demand in pivotal trade markets.
- May 2023: Khalifa Port, recognized as one of the world's fastest-growing ports, was expanding its capabilities under the purview of AD Ports Group, a leading global entity in trade, logistics, and industry. The announcement highlights the intention to include a drydock in its array of port and maritime logistics services. This expansion at Khalifa Port will not only enhance its ability to cater to existing and potential clients but also attract new ones. The diversified services will encompass container handling, cargo management, vessel repair, and maintenance, among others. By integrating a dry dock, AD Ports Group is positioned to meet the escalating demand for dry dock services from both domestic and international clientele.
UAE Container Terminal Operations Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope Of The Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 UAE'S strategic location serving has an advantage for the market'
- 4.2.2 Morder infrastructure boosting the market
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4.3 Market Restraints
- 4.3.1 Regulations and customs affecting the market
- 4.3.2 Lack of skilled workforce affecting the market
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4.4 Market Opportunities
- 4.4.1 Technological advancements driving the market
- 4.4.2 Growing regional trade boosting the market
- 4.5 Value Chain/Supply Chain Analysis
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4.6 Industry Attractiveness - Porter's Five Forces Analysis
- 4.6.1 Threat of New Entrants
- 4.6.2 Bargaining Power of Buyers
- 4.6.3 Bargaining Power of Suppliers
- 4.6.4 Threat of Substitute Products
- 4.6.5 Intensity of Competitive Rivalry
- 4.7 Technological Advancements In The Market
- 4.8 Impact of Covid-19 on the Market
5. MARKET SEGMENTATION
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5.1 By Service
- 5.1.1 Stevedoring
- 5.1.2 Cargo Handling & Transportation
- 5.1.3 Other Service Types
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5.2 By Cargo Type
- 5.2.1 Crude Oil
- 5.2.2 Dry Cargo
- 5.2.3 Other Cargo Types
6. COMPETITIVE LANDSCAPE
- 6.1 Market Concentration Overview
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6.2 Company Profiles
- 6.2.1 Al Yasat Petroleum Operation Company Limited LLC
- 6.2.2 DP World Sukuk Limited
- 6.2.3 Aztec Facilities Management
- 6.2.4 Abu Dhabi Terminal (ADT)
- 6.2.5 CSP Abu Dhabi Terminal
- 6.2.6 Abu Dhabi Ports PJSC
- 6.2.7 IRSHAD - Abu Dhabi Petroleum Ports Operating Company
- 6.2.8 AD Ports Group
- 6.2.9 Saqr Port Authority
- 6.2.10 Khorfakkan Container Terminal*
- *List Not Exhaustive
7. FUTURE OF THE MARKET
8. APPENDIX
UAE Container Terminal Operations Industry Segmentation
The container terminal operations and cargo handling container terminals are designated for the handling, storage, and loading/unloading of cargo into or out of containers. These terminals are where containers can be picked up, dropped off, maintained, stored, or loaded or unloaded from one mode of transport to another (that is, vessel, truck, barge, or rail). The main activity of a container terminal is the transfer of cargo units from one transport modality to another.
The UAE container terminal operations market is segmented by service and cargo type. By service, the market is segmented by stevedoring, cargo handling & transportation, and other service types, and by cargo type, the market is segmented by dry cargo, crude oil, and other cargo types.
The report offers market size and forecasts for the United Arab Emirates Container Terminal Operations market in value (USD) for all the above segments.
| By Service | Stevedoring |
| Cargo Handling & Transportation | |
| Other Service Types | |
| By Cargo Type | Crude Oil |
| Dry Cargo | |
| Other Cargo Types |
UAE Container Terminal Operations Market Research FAQs
How big is the UAE Container Terminal Operations Market?
The UAE Container Terminal Operations Market size is expected to reach USD 1.67 billion in 2024 and grow at a CAGR of 6.57% to reach USD 2.30 billion by 2029.
What is the current UAE Container Terminal Operations Market size?
In 2024, the UAE Container Terminal Operations Market size is expected to reach USD 1.67 billion.
Who are the key players in UAE Container Terminal Operations Market?
Al Yasat Petroleum Operation Company Limited LLC, DP World Sukuk Limited, Aztec Facilities Management, Abu Dhabi Terminal (ADT) and CSP Abu Dhabi Terminal are the major companies operating in the UAE Container Terminal Operations Market.
What years does this UAE Container Terminal Operations Market cover, and what was the market size in 2023?
In 2023, the UAE Container Terminal Operations Market size was estimated at USD 1.56 billion. The report covers the UAE Container Terminal Operations Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the UAE Container Terminal Operations Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
UAE Container Terminal Operations Industry Report
Statistics for the 2024 UAE Container Terminal Operations market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. UAE Container Terminal Operations analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
