United Arab Emirates: Market for Multiple-Walled Insulating Units Of Glass 2024

Market Size for Multiple-Walled Insulating Units Of Glass in the United Arab Emirates

In 2021, the multiple-walled insulating glass unit market in the United Arab Emirates was finally on the rise to reach $X after three years of decline. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Production of Multiple-Walled Insulating Units Of Glass in the United Arab Emirates

In value terms, multiple-walled insulating glass unit production totaled $X in 2021 estimated in export price. In general, production, however, continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2013 with an increase of 28% against the previous year. Multiple-walled insulating glass unit production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Multiple-Walled Insulating Units Of Glass

Exports from the United Arab Emirates

In 2021, overseas shipments of multiple-walled insulating units of glass increased by 9.6% to X square meters for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2017 when exports increased by 35% against the previous year. The exports peaked at X square meters in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, multiple-walled insulating glass unit exports soared to $X in 2021. Overall, exports, however, saw a drastic downturn. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Oman (X square meters) was the main destination for multiple-walled insulating glass unit exports from the United Arab Emirates, with a 42% share of total exports. Moreover, multiple-walled insulating glass unit exports to Oman exceeded the volume sent to the second major destination, Kuwait (X square meters), twofold. Nigeria (X square meters) ranked third in terms of total exports with a 16% share.

From 2012 to 2021, the average annual growth rate of volume to Oman totaled +7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (-12.4% per year) and Nigeria (+199.0% per year).

In value terms, the largest markets for multiple-walled insulating glass unit exported from the United Arab Emirates were Nigeria ($X), Kuwait ($X) and Oman ($X), with a combined 69% share of total exports.

In terms of the main countries of destination, Nigeria, with a CAGR of +216.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average multiple-walled insulating glass unit export price stood at $X per square meter in 2021, rising by 36% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was India ($X per square meter), while the average price for exports to Oman ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Multiple-Walled Insulating Units Of Glass

Imports into the United Arab Emirates

After two years of decline, purchases abroad of multiple-walled insulating units of glass increased by 7.4% to X square meters in 2021. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 221%. As a result, imports attained the peak of X square meters. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, multiple-walled insulating glass unit imports dropped notably to $X in 2021. Over the period under review, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of 283% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Saudi Arabia (X square meters), China (X square meters) and Germany (X square meters) were the main suppliers of multiple-walled insulating glass unit imports to the United Arab Emirates, with a combined 95% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Saudi Arabia (with a CAGR of +136.9%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of multiple-walled insulating units of glass to the United Arab Emirates, comprising 51% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 23% share of total imports. It was followed by Germany, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+135.1% per year) and Germany (-26.3% per year).

Import Prices by Country

The average multiple-walled insulating glass unit import price stood at $X per square meter in 2021, falling by -32% against the previous year. Overall, the import price showed a abrupt downturn. The growth pace was the most rapid in 2013 an increase of 32% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2014 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per square meter), while the price for Saudi Arabia ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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