United Arab Emirates: Market for Articles Of Cellulose Fibre-Cement, Not Containing Asbestos 2024

Market Size for Articles Of Cellulose Fibre-Cement, Not Containing Asbestos in the United Arab Emirates

After three years of growth, the market for articles of cellulose fibre-cement, not containing asbestos in the United Arab Emirates decreased by -0.3% to $X in 2022. In general, consumption, however, continues to indicate slight growth. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos in the United Arab Emirates

In value terms, production of articles of cellulose fibre-cement, not containing asbestos expanded modestly to $X in 2022 estimated in export price. Overall, production, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2016 with an increase of 163% against the previous year. Over the period under review, production of hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

Exports from the United Arab Emirates

In 2022, the amount of articles of cellulose fibre-cement, not containing asbestos exported from the United Arab Emirates contracted to X tons, falling by -11.8% compared with the previous year's figure. In general, exports, however, continue to indicate moderate growth. The growth pace was the most rapid in 2016 with an increase of 610% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of articles of cellulose fibre-cement, not containing asbestos declined to $X in 2022. Overall, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of 285% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Germany (X tons), Tanzania (X tons) and Australia (X tons) were the main destinations of exports of articles of cellulose fibre-cement, not containing asbestos from the United Arab Emirates, with a combined 23% share of total exports. New Zealand, Bahrain and Rwanda lagged somewhat behind, together accounting for a further 5.3%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by New Zealand (with a CAGR of +392.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the key foreign market for articles of cellulose fibre-cement, not containing asbestos exports from the United Arab Emirates, comprising 43% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 7.5% share of total exports. It was followed by Tanzania, with a 1.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled +204.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+600.6% per year) and Tanzania (+44.1% per year).

Export Prices by Country

In 2022, the average export price for articles of cellulose fibre-cement, not containing asbestos amounted to $X per ton, surging by 3.6% against the previous year. Overall, the export price showed a pronounced expansion. The pace of growth appeared the most rapid in 2013 an increase of 44% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Australia ($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 New Zealand (+42.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles Of Cellulose Fibre-Cement, Not Containing Asbestos

Imports into the United Arab Emirates

Imports of articles of cellulose fibre-cement, not containing asbestos into the United Arab Emirates shrank notably to X tons in 2022, with a decrease of -34.1% on 2021 figures. Overall, imports saw a dramatic curtailment. The pace of growth appeared the most rapid in 2016 when imports increased by 71% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of articles of cellulose fibre-cement, not containing asbestos dropped to $X in 2022. In general, imports saw a sharp shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 46% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest articles of cellulose fibre-cement, not containing asbestos supplier to the United Arab Emirates, accounting for a 65% share of total imports. Moreover, imports of articles of cellulose fibre-cement, not containing asbestos from India exceeded the figures recorded by the second-largest supplier, China (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled -17.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-24.1% per year) and the UK (+12.9% per year).

In value terms, China ($X), India ($X) and the UK ($X) were the largest articles of cellulose fibre-cement, not containing asbestos suppliers to the United Arab Emirates, with a combined 92% share of total imports.

In terms of the main suppliers, the UK, with a CAGR of +25.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for articles of cellulose fibre-cement, not containing asbestos stood at $X per ton in 2022, jumping by 40% against the previous year. Over the period under review, the import price recorded significant growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 185%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average 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 China ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+43.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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