United Arab Emirates: Market for Glass in The Mass 2024

Market Size for Glass in The Mass in the United Arab Emirates

The glass in the mass market in the United Arab Emirates totaled $X in 2022, picking up by 6.6% against the previous year. Overall, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.8% against 2020 indices. Glass in the mass consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Glass in The Mass in the United Arab Emirates

In value terms, glass in the mass production contracted modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +5.0% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of 39%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Exports of Glass in The Mass

Exports from the United Arab Emirates

In 2022, the amount of glass in the mass exported from the United Arab Emirates declined dramatically to X tons, reducing by -61.6% compared with the previous year's figure. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 259% against the previous year. Over the period under review, the glass in mass exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, glass in the mass exports reduced sharply to $X in 2022. In general, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 265% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons) was the main destination for glass in the mass exports from the United Arab Emirates, accounting for a approx. 95% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to India totaled +34.5%.

In value terms, India ($X) emerged as the key foreign market for glass in the mass exports from the United Arab Emirates.

From 2012 to 2022, the average annual rate of growth in terms of value to India amounted to +42.3%.

Export Prices by Country

The average glass in the mass export price stood at $X per ton in 2022, surging by 70% against the previous year. Overall, the export price enjoyed a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +5.8% per year.

Imports of Glass in The Mass

Imports into the United Arab Emirates

In 2022, the amount of glass in the mass imported into the United Arab Emirates stood at X tons, flattening at the previous year. Overall, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 104% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, glass in the mass imports totaled $X in 2022. Over the period under review, imports showed a remarkable increase. The pace of growth appeared the most rapid in 2013 when imports increased by 206%. Over the period under review, glass in mass imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of glass in the mass to the United Arab Emirates, with a 28% share of total imports. Moreover, glass in the mass imports from Belgium exceeded the figures recorded by the second-largest supplier, Sri Lanka (X tons), twofold. The third position in this ranking was held by Qatar (X tons), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium stood at +25.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (+28.2% per year) and Qatar (+24.6% per year).

In value terms, the largest glass in the mass suppliers to the United Arab Emirates were Belgium ($X), India ($X) and Qatar ($X), with a combined 44% share of total imports. Sri Lanka, Turkey, Bahrain and Benin lagged somewhat behind, together comprising a further 16%.

In terms of the main suppliers, Bahrain, with a CAGR of +242.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average glass in the mass import price amounted to $X per ton, almost unchanged from the previous year. Overall, the import price, however, recorded a noticeable descent. The pace of growth was the most pronounced in 2013 an increase of 59% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Benin ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sudan (+11.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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