United Arab Emirates: Iron Angle Market 2025

Iron Angle Market Size in the United Arab Emirates

The iron angle market in the United Arab Emirates reduced remarkably to $X in 2021, shrinking by -19.7% against the previous year. Overall, consumption recorded a deep setback. Iron angle consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Iron Angle Production in the United Arab Emirates

In value terms, iron angle production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, saw significant growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by 2,055%. Iron angle production peaked at $X in 2020, and then dropped modestly in the following year.

Iron Angle Exports

Exports from the United Arab Emirates

In 2021, shipments abroad of angles, shapes and sections (of iron or non-alloy steel) was finally on the rise to reach X tons after two years of decline. In general, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 120% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, iron angle exports surged to $X in 2021. Overall, exports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2013 when exports increased by 85% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), Saudi Arabia (X tons) and Malaysia (X tons) were the main destinations of iron angle exports from the United Arab Emirates, together comprising 41% of total exports. These countries were followed by Egypt, Oman, India, the Netherlands, Israel, China, Singapore, Thailand, Kuwait and Mexico, which together accounted for a further 31%.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +66.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron angle exported from the United Arab Emirates were the United States ($X), Saudi Arabia ($X) and Malaysia ($X), together accounting for 39% of total exports. Egypt, Oman, India, Israel, the Netherlands, Singapore, Thailand, China, Kuwait and Mexico lagged somewhat behind, together comprising a further 33%.

Singapore, with a CAGR of +70.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average iron angle export price stood at $X per ton in 2021, jumping by 24% against the previous year. Over the period under review, the export price, however, saw a noticeable curtailment. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Mexico ($X per ton) and Singapore ($X per ton), while the average price for exports to the United States ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Iron Angle Imports

Imports into the United Arab Emirates

In 2021, the amount of angles, shapes and sections (of iron or non-alloy steel) imported into the United Arab Emirates dropped markedly to X tons, declining by -26.3% on 2020 figures. Over the period under review, imports faced a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of 86%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, iron angle imports amounted to $X in 2021. Overall, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2015 when imports increased by 49%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Oman (X tons), Turkey (X tons) and Saudi Arabia (X tons) were the main suppliers of iron angle imports to the United Arab Emirates, together accounting for 78% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Oman (with a CAGR of +34.0%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Oman ($X), Turkey ($X) and Saudi Arabia ($X) were the largest iron angle suppliers to the United Arab Emirates, together accounting for 75% of total imports.

In terms of the main suppliers, Oman, with a CAGR of +30.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average iron angle import price stood at $X per ton in 2021, rising by 36% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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