United Arab Emirates: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced 2024

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in the United Arab Emirates

The market for boards, sheets, panels, tiles and similar articles of plaster not faced in the United Arab Emirates was finally on the rise to reach $X in 2021, after two years of decline. Overall, the total consumption indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -11.2% against 2018 indices. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Exports from the United Arab Emirates

In 2021, approx. X square meters of boards, sheets, panels, tiles and similar articles of plaster not faced were exported from the United Arab Emirates; rising by 133% against the previous year. In general, exports saw a notable expansion. The exports peaked at X square meters in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster not faced surged to $X in 2021. Over the period under review, exports, however, saw a perceptible setback. Over the period under review, the exports of reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

India (X square meters) was the main destination for exports of boards, sheets, panels, tiles and similar articles of plaster not faced from the United Arab Emirates, accounting for a 81% share of total exports. Moreover, exports of boards, sheets, panels, tiles and similar articles of plaster not faced to India exceeded the volume sent to the second major destination, Oman (X square meters), more than tenfold. Ethiopia (X square meters) ranked third in terms of total exports with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to India amounted to +22.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (-8.1% per year) and Ethiopia (+14.9% per year).

In value terms, India ($X) remains the key foreign market for boards, sheets, panels, tiles and similar articles of plaster not faced exports from the United Arab Emirates, comprising 57% of total exports. The second position in the ranking was taken by Oman ($X), with a 15% share of total exports. It was followed by Ethiopia, with a 7.1% share.

From 2012 to 2021, the average annual growth rate of value to India stood at +2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (-10.3% per year) and Ethiopia (+10.6% per year).

Export Prices by Country

The average export price for boards, sheets, panels, tiles and similar articles of plaster not faced stood at $X per square meter in 2021, declining by -6.6% against the previous year. Over the period under review, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 an increase of 24%. The export price peaked at $X per square meter in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Oman ($X per square meter), while the average price for exports to India ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+26.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Imports into the United Arab Emirates

In 2021, approx. X square meters of boards, sheets, panels, tiles and similar articles of plaster not faced were imported into the United Arab Emirates; rising by 42% compared with the year before. In general, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +8.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -3.8% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 44% against the previous year. Imports peaked at X square meters in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster not faced surged to $X in 2021. Over the period under review, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of 57%. Over the period under review, imports of hit record highs at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Saudi Arabia (X square meters) and China (X square meters) were the main suppliers of imports of boards, sheets, panels, tiles and similar articles of plaster not faced to the United Arab Emirates.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (with a CAGR of +10.7%).

In value terms, China ($X) and Saudi Arabia ($X) constituted the largest board, sheet, panel, tile and similar article of plaster not faced suppliers to the United Arab Emirates.

Among the main suppliers, China, with a CAGR of +12.3%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2021, the average import price for boards, sheets, panels, tiles and similar articles of plaster not faced amounted to $X per square meter, with a decrease of -11.4% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 27% against the previous year. As a result, import price attained the peak level of $X per square meter. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per square meter), while the price for Saudi Arabia totaled $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.1%).

Source: IndexBox Platform

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