Report Update Nov 1, 2024

United Arab Emirates - Iron or Steel Crown Corks - Market Analysis, Forecast, Size, Trends and Insights

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United Arab Emirates: Metal Crown Cork Market 2024

Metal Crown Cork Exports

Exports from the United Arab Emirates

After four years of decline, shipments abroad of iron or steel crown corks increased by 985% to X units in 2022. Over the period under review, exports, however, saw a abrupt slump. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, metal crown cork exports surged to $X in 2022. Overall, exports, however, faced a abrupt shrinkage. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Rwanda (X units), Italy (X units) and Turkey (X units) were the main destinations of metal crown cork exports from the United Arab Emirates, with a combined 66% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +600.1%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for metal crown cork exported from the United Arab Emirates were Rwanda ($X), Italy ($X) and Turkey ($X), together accounting for 73% of total exports.

Among the main countries of destination, Turkey, with a CAGR of +450.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average metal crown cork export price amounted to $X per thousand units, dropping by -13.9% against the previous year. Overall, the export price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2018 an increase of 43%. As a result, the export price attained the peak level of $X per thousand units. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($X per thousand units), while the average price for exports to Tanzania ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Crown Cork Imports

Imports into the United Arab Emirates

In 2022, approx. X units of iron or steel crown corks were imported into the United Arab Emirates; which is down by -15% compared with the previous year. Overall, imports recorded a pronounced descent. The most prominent rate of growth was recorded in 2014 when imports increased by 95% against the previous year. Over the period under review, imports attained the maximum at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, metal crown cork imports dropped to $X in 2022. In general, imports recorded a noticeable decrease. The pace of growth appeared the most rapid in 2014 with an increase of 113%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Italy (X units), China (X units) and India (X units) were the main suppliers of metal crown cork imports to the United Arab Emirates, together accounting for 68% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +12.9%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of iron or steel crown corks to the United Arab Emirates, comprising 59% of total imports. The second position in the ranking was held by Italy ($X), with an 18% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-10.7% per year) and India (+10.5% per year).

Import Prices by Country

The average metal crown cork import price stood at $X per thousand units in 2022, surging by 12% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 17%. The import price peaked at $X per thousand units in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per thousand units), while the price for Italy ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel crown corks in the world?

The countries with the highest volumes of metal crown cork consumption in 2020 were China, the United States and India, together comprising 50% of global consumption.

What are the largest producers of iron or steel crown corks in the world?

The countries with the highest volumes of metal crown cork production in 2020 were China, the United States and India, together accounting for 49% of global production.

What are the leading suppliers of iron or steel crown corks to the United Arab Emirates?

In value terms, the largest metal crown cork suppliers to the United Arab Emirates were Italy, Greece and India, with a combined 89% share of total imports.

What are the leading importers of iron or steel crown corks from the United Arab Emirates?

In value terms, Democratic Republic of the Congo emerged as the key foreign market for metal crown cork exports from the United Arab Emirates, comprising 76% of total exports. The second position in the ranking was occupied by Rwanda, with a 17% share of total exports. It was followed by Sudan, with a 1.8% share.

What is the average export price for iron or steel crown corks in the United Arab Emirates?

In 2020, the average metal crown cork export price amounted to $2.7 per thousand units, waning by -82% against the previous year.

What is the average import price for iron or steel crown corks in the United Arab Emirates?

In 2020, the average metal crown cork import price amounted to $4.8 per thousand units, waning by -15.1% against the previous year.

This report provides an in-depth analysis of the metal crown cork market in the United Arab Emirates. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25921330 - Iron or steel crown corks

Country coverage:

United Arab Emirates

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the United Arab Emirates
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023