United Arab Emirates: Market for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground 2024

Market Size for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in the United Arab Emirates

The market for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in the United Arab Emirates contracted sharply to $X in 2022, declining by -18.3% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in the United Arab Emirates

In value terms, production of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground amounted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2018 when the production volume increased by 17% against the previous year. Over the period under review, production of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Exports from the United Arab Emirates

Exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground from the United Arab Emirates stood at X square meters in 2022, with an increase of 5.2% against 2021 figures. Overall, exports, however, continue to indicate a noticeable descent. The growth pace was the most rapid in 2014 with an increase of 41%. As a result, the exports reached the peak of X square meters. From 2015 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground contracted sharply to $X in 2022. In general, exports, however, showed a perceptible reduction. The growth pace was the most rapid in 2021 with an increase of 78%. Over the period under review, the exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Bolivia (X square meters) was the main destination for exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground from the United Arab Emirates, accounting for a 51% share of total exports. Moreover, exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground to Bolivia exceeded the volume sent to the second major destination, Morocco (X square meters), sixfold. The third position in this ranking was held by Bahrain (X square meters), with an 8.3% share.

From 2012 to 2022, the average annual growth rate of volume to Bolivia amounted to +161.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (+72.0% per year) and Bahrain (+43.2% per year).

In value terms, the largest markets for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground exported from the United Arab Emirates were Morocco ($X), Argentina ($X) and Bahrain ($X), with a combined 52% share of total exports. The United States, Australia, Bolivia, Paraguay, India, Chile, Uruguay and Sri Lanka lagged somewhat behind, together accounting for a further 39%.

Chile, with a CAGR of +267.1%, recorded the highest growth rate of 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 export price for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground stood at $X per square meter in 2022, shrinking by -25.8% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 36%. Over the period under review, the average export prices hit record highs at $X per square meter in 2021, and then shrank markedly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per square meter), while the average price for exports to Bolivia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Imports into the United Arab Emirates

In 2022, approx. X square meters of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground were imported into the United Arab Emirates; shrinking by -11.6% compared with 2021. In general, imports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2013 when imports increased by 37%. Imports peaked at X square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground declined remarkably to $X in 2022. Overall, imports, however, saw a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 45%. Over the period under review, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X square meters) constituted the largest supplier of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground to the United Arab Emirates, with a 76% share of total imports. Moreover, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground from China exceeded the figures recorded by the second-largest supplier, Turkey (X square meters), more than tenfold. The third position in this ranking was held by Germany (X square meters), with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +22.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+56.2% per year) and Germany (-0.2% per year).

In value terms, China ($X) constituted the largest supplier of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground to the United Arab Emirates, comprising 61% of total imports. The second position in the ranking was taken by France ($X), with a 6.9% share of total imports. It was followed by Germany, with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +15.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+12.5% per year) and Germany (+9.6% per year).

Import Prices by Country

The average import price for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground stood at $X per square meter in 2022, falling by -4.4% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 19% against the previous year. The import price peaked at $X per square meter in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 France ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform