United Arab Emirates: Bar Draw-Bench Market 2025

Bar Draw-Bench Market Size in the United Arab Emirates

In 2021, the bar draw-bench market in the United Arab Emirates was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a perceptible decline. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Bar Draw-Bench Exports

Exports from the United Arab Emirates

In 2021, exports of draw-benches for bars, tubes, profiles, wire or the like from the United Arab Emirates reached X units, picking up by 7.1% on the previous year. Over the period under review, exports, however, showed a drastic downturn. The pace of growth was the most pronounced in 2019 with an increase of 314%. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, bar draw-bench exports contracted to $X in 2021. In general, exports enjoyed a measured increase. The pace of growth was the most pronounced in 2019 when exports increased by 836% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Italy (X units) was the main destination for bar draw-bench exports from the United Arab Emirates, accounting for a 80% share of total exports. Moreover, bar draw-bench exports to Italy exceeded the volume sent to the second major destination, Oman (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Italy totaled +12.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (-20.6% per year) and Turkey (0.0% per year).

In value terms, Italy ($X) remains the key foreign market for draw-benches for bars, tubes, profiles, wire or the like exports from the United Arab Emirates, comprising 86% of total exports. The second position in the ranking was taken by Iran ($X), with a 6.3% share of total exports. It was followed by Oman, with a 1% share.

From 2012 to 2021, the average annual growth rate of value to Italy amounted to +34.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (+18.1% per year) and Oman (-16.1% per year).

Export Prices by Country

The average bar draw-bench export price stood at $X per unit in 2021, shrinking by -16.7% against the previous year. Over the period under review, the export price, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 126%. The export price peaked at $X per unit in 2020, and then dropped sharply in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Iran ($X per unit), while the average price for exports to Uganda ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+145.1%), while the prices for the other major destinations experienced more modest paces of growth.

Bar Draw-Bench Imports

Imports into the United Arab Emirates

In 2021, purchases abroad of draw-benches for bars, tubes, profiles, wire or the like was finally on the rise to reach X units after two years of decline. In general, imports, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2016 when imports increased by 488%. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, bar draw-bench imports surged to $X in 2021. Overall, imports recorded a remarkable increase. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Saudi Arabia (X units), India (X units) and China (X units) were the main suppliers of bar draw-bench imports to the United Arab Emirates, together comprising 92% of total imports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +15.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), the United States ($X) and China ($X) constituted the largest bar draw-bench suppliers to the United Arab Emirates, with a combined 68% share of total imports.

India, with a CAGR of +32.2%, recorded the highest growth rate of 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 bar draw-bench import price stood at $X per unit in 2021, increasing by 13% against the previous year. Over the period under review, the import price enjoyed a buoyant expansion. The growth pace was the most rapid in 2020 when the average import price increased by 126%. Over the period under review, average import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+66.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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