United Arab Emirates: Expanded Metal Market 2025

Expanded Metal Market Size in the United Arab Emirates

The expanded metal market in the United Arab Emirates declined to $X in 2022, with a decrease of -13.9% against the previous year. Over the period under review, the total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +17.9% against 2020 indices. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Expanded Metal Production in the United Arab Emirates

In value terms, expanded metal production shrank to $X in 2022 estimated in export price. Overall, production, however, posted a buoyant increase. The pace of growth was the most pronounced in 2014 when the production volume increased by 254% against the previous year. Expanded metal production peaked at $X in 2021, and then contracted in the following year.

Expanded Metal Exports

Exports from the United Arab Emirates

Expanded metal exports from the United Arab Emirates rose modestly to X tons in 2022, with an increase of 4.4% on the previous year's figure. Overall, exports posted mild growth. The most prominent rate of growth was recorded in 2019 with an increase of 117%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, expanded metal exports reduced slightly to $X in 2022. Over the period under review, exports saw temperate growth. The growth pace was the most rapid in 2019 when exports increased by 88% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

France (X tons), Bahrain (X tons) and Jordan (X tons) were the main destinations of expanded metal exports from the United Arab Emirates, together accounting for 66% 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 France (with a CAGR of +89.6%), while the other leaders experienced more modest paces of growth.

In value terms, Bahrain ($X) emerged as the key foreign market for iron or steel expanded metal exports from the United Arab Emirates, comprising 49% of total exports. The second position in the ranking was taken by France ($X), with a 21% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Bahrain totaled +36.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+100.6% per year) and Jordan (+22.8% per year).

Export Prices by Country

The average expanded metal export price stood at $X per ton in 2022, with a decrease of -4.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 32%. Over the period under review, the average export prices attained the maximum at $X per ton in 2021, and then contracted modestly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Expanded Metal Imports

Imports into the United Arab Emirates

Expanded metal imports into the United Arab Emirates contracted modestly to X tons in 2022, remaining relatively unchanged against the year before. In general, imports saw a perceptible setback. The most prominent rate of growth was recorded in 2015 when imports increased by 32% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, expanded metal imports contracted to $X in 2022. Overall, imports showed a perceptible descent. The growth pace was the most rapid in 2021 with an increase of 31%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of expanded metal to the United Arab Emirates, accounting for a 85% share of total imports. Moreover, expanded metal imports from China exceeded the figures recorded by the second-largest supplier, Barbados (X tons), more than tenfold. Turkey (X tons) ranked third in terms of total imports with a 4.2% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +18.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Barbados (0.0% per year) and Turkey (-11.1% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel expanded metal to the United Arab Emirates, comprising 90% of total imports. The second position in the ranking was taken by Turkey ($X), with a 4.5% share of total imports. It was followed by the UK, with a 2.8% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +20.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-20.3% per year) and the UK (-15.5% per year).

Import Prices by Country

The average expanded metal import price stood at $X per ton in 2022, declining by -11.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 48%. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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