United Arab Emirates: Market for Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment 2025

Market Size for Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment in the United Arab Emirates

The market for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment in the United Arab Emirates was estimated at $X in 2022, surging by 11% against the previous year. Overall, consumption, however, recorded buoyant growth. Consumption of peaked in 2022 and is expected to retain growth in the near future.

Production of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment in the United Arab Emirates

In value terms, production of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment declined slightly to $X in 2022 estimated in export price. In general, production, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2018 when the production volume increased by 57%. Over the period under review, production of reached the peak level at $X in 2019; afterwards, it flattened through to 2022.

Exports of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment

Exports from the United Arab Emirates

In 2022, after three years of decline, there was significant growth in overseas shipments of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment, when their volume increased by 21% to X tons. Overall, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2013 when exports increased by 117% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, exports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment surged to $X in 2022. In general, exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 when exports increased by 210%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Zimbabwe (X tons) was the main destination for exports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment from the United Arab Emirates, accounting for a 68% share of total exports. Moreover, exports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment to Zimbabwe exceeded the volume sent to the second major destination, Rwanda (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Zimbabwe amounted to +95.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+22.2% per year) and Turkey (0.0% per year).

In value terms, the largest markets for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment exported from the United Arab Emirates were Turkey ($X), Zimbabwe ($X) and Rwanda ($X), together accounting for 99% of total exports.

Zimbabwe, with a CAGR of +163.7%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment stood at $X per ton in 2022, surging by 45% against the previous year. Overall, the export price continues to indicate a strong increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 87% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Rwanda ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+35.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment

Imports into the United Arab Emirates

After two years of growth, purchases abroad of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment decreased by -26.2% to X tons in 2022. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 102%. Over the period under review, imports of reached the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment declined notably to $X in 2022. Overall, imports continue to indicate a significant decrease. The growth pace was the most rapid in 2021 when imports increased by 81% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment supplier to the United Arab Emirates, accounting for a 46% share of total imports. Moreover, imports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. The third position in this ranking was taken by the UK (X tons), with a 20% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +44.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+15.0% per year) and the UK (-4.7% per year).

In value terms, China ($X), the UK ($X) and Turkey ($X) constituted the largest reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment suppliers to the United Arab Emirates, together comprising 84% of total imports.

China, with a CAGR of +44.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment stood at $X per ton in 2022, growing by 5.3% against the previous year. Overall, the import price, however, showed a perceptible slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by 55%. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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