United Arab Emirates: Calcareous Building Stone Market 2024

Calcareous Building Stone Market Size in the United Arab Emirates

In 2021, the calcareous building stone market in the United Arab Emirates was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Calcareous Building Stone Production in the United Arab Emirates

In value terms, calcareous building stone production stood at $X in 2021 estimated in export price. In general, production continues to indicate a slight increase. The pace of growth appeared the most rapid in 2018 with an increase of 53%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Calcareous Building Stone Exports

Exports from the United Arab Emirates

In 2021, overseas shipments of calcareous building stone increased by 4.1% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports, however, saw a dramatic shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 152%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, calcareous building stone exports declined to $X in 2021. In general, exports, however, showed a sharp descent. The pace of growth was the most pronounced in 2016 with an increase of 410% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for calcareous building stone exports from the United Arab Emirates, with a 21,938% share of total exports. Moreover, calcareous building stone exports to Saudi Arabia exceeded the volume sent to the second major destination, the UK (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume to Saudi Arabia totaled +28,026.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+35.2% per year) and Somalia (0.0% per year).

In value terms, Saudi Arabia ($X) emerged as the key foreign market for calcareous building stone exports from the United Arab Emirates, comprising 2,831% of total exports. The second position in the ranking was taken by the UK ($X), with a 1,011% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia stood at +22,904.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+21.1% per year) and Somalia (0.0% per year).

Export Prices by Country

The average calcareous building stone export price stood at $X per ton in 2021, dropping by -12.9% against the previous year. In general, the export price, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2016 an increase of 102%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+311.0%), while the prices for the other major destinations experienced mixed trend patterns.

Calcareous Building Stone Imports

Imports into the United Arab Emirates

In 2021, purchases abroad of calcareous building stone increased by 183% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports enjoyed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, calcareous building stone imports surged to $X in 2021. In general, imports, however, saw a perceptible setback. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, India (X tons) constituted the largest supplier of calcareous building stone to the United Arab Emirates, accounting for a 42% share of total imports. Moreover, calcareous building stone imports from India exceeded the figures recorded by the second-largest supplier, Syrian Arab Republic (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume from India amounted to +58.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Syrian Arab Republic (0.0% per year) and Oman (+117.9% per year).

In value terms, India ($X) constituted the largest supplier of calcareous building stone to the United Arab Emirates, comprising 44% of total imports. The second position in the ranking was held by Syrian Arab Republic ($X), with a 3.8% share of total imports.

From 2012 to 2021, the average annual growth rate of value from India amounted to +36.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Syrian Arab Republic (0.0% per year) and Oman (-37.0% per year).

Import Prices by Country

The average calcareous building stone import price stood at $X per ton in 2021, dropping by -50.9% against the previous year. In general, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of 156%. As a result, import price attained the peak level of $X per ton. From 2017 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 India ($X per ton), while the price for Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+34.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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