United Arab Emirates: Modelling Pastes Market 2024

Modelling Pastes Market Size in the United Arab Emirates

The modelling pastes market in the United Arab Emirates surged to $X in 2021, growing by 20% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +48.1% against 2017 indices. Modelling pastes consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Modelling Pastes Exports

Exports from the United Arab Emirates

Modelling pastes exports from the United Arab Emirates contracted markedly to X tons in 2021, waning by -48.5% compared with the previous year's figure. In general, exports saw a slight shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 110%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, modelling pastes exports contracted dramatically to $X in 2021. Over the period under review, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 when exports increased by 168% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Oman (X tons) was the main destination for modelling pastes exports from the United Arab Emirates, accounting for a 39% share of total exports. Moreover, modelling pastes exports to Oman exceeded the volume sent to the second major destination, Saudi Arabia (X tons), twofold. The third position in this ranking was taken by Seychelles (X tons), with a 16% share.

From 2012 to 2021, the average annual growth rate of volume to Oman stood at +4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-82.2% per year) and Seychelles (+25.2% per year).

In value terms, Oman ($X) remains the key foreign market for modelling pastes, dental wax and dental impression compounds exports from the United Arab Emirates, comprising 53% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 13% share of total exports. It was followed by the UK, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Oman amounted to +14.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-78.6% per year) and the UK (0.0% per year).

Export Prices by Country

In 2021, the average modelling pastes export price amounted to $X per ton, picking up by 25% against the previous year. Overall, the export price, however, saw a pronounced descent. The growth pace was the most rapid in 2018 when the average export price increased by 36%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: among the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Seychelles ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+70.8%), while the prices for the other major destinations experienced more modest paces of growth.

Modelling Pastes Imports

Imports into the United Arab Emirates

In 2021, imports of modelling pastes, dental wax and dental impression compounds into the United Arab Emirates rose sharply to X tons, picking up by 9.6% against 2020. Overall, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -7.7% against 2019 indices. The pace of growth appeared the most rapid in 2014 when imports increased by 63%. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, modelling pastes imports expanded rapidly to $X in 2021. In general, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +29.2% against 2017 indices. The pace of growth appeared the most rapid in 2014 with an increase of 65% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest modelling pastes supplier to the United Arab Emirates, with a 63% share of total imports. Moreover, modelling pastes imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), sevenfold. The third position in this ranking was taken by Spain (X tons), with a 5.8% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-4.4% per year) and Spain (+10.5% per year).

In value terms, China ($X) constituted the largest supplier of modelling pastes, dental wax and dental impression compounds to the United Arab Emirates, comprising 57% of total imports. The second position in the ranking was taken by Germany ($X), with an 8.7% share of total imports. It was followed by Italy, with a 4.7% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +18.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.1% per year) and Italy (+12.6% per year).

Import Prices by Country

The average modelling pastes import price stood at $X per ton in 2021, with an increase of 3.2% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 20%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, among the top suppliers, the country with the highest price was Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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