Report Update Nov 1, 2024

United Arab Emirates - Solar Cells and Light-Emitting Diodes - Market Analysis, Forecast, Size, Trends and Insights

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United Arab Emirates: Market for Solar Cells and Light-Emitting Diodes 2024

Market Size for Solar Cells and Light-Emitting Diodes in the United Arab Emirates

In 2022, the market for solar cells and light-emitting diodes in the United Arab Emirates decreased by -97.2% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption saw a noticeable contraction. Solar cells and light-emitting diodes consumption peaked at $X in 2021, and then shrank markedly in the following year.

Exports of Solar Cells and Light-Emitting Diodes

Exports from the United Arab Emirates

In 2022, the amount of solar cells and light-emitting diodes exported from the United Arab Emirates fell to X units, waning by -11.1% against 2021. In general, exports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2013 when exports increased by 211%. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, solar cells and light-emitting diodes exports skyrocketed to $X in 2022. Overall, exports, however, enjoyed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Uzbekistan (X units), Georgia (X units) and Togo (X units) were the main destinations of solar cells and light-emitting diodes exports from the United Arab Emirates, together comprising 84% of total exports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +589.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for solar cells and light-emitting diodes exported from the United Arab Emirates were Uzbekistan ($X), Georgia ($X) and Rwanda ($X), together accounting for 88% of total exports.

Among the main countries of destination, Uzbekistan, with a CAGR of +1,095.7%, saw 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 export price for solar cells and light-emitting diodes stood at $X per unit in 2022, surging by 1,660% against the previous year. In general, the export price continues to indicate resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Georgia ($X per unit), while the average price for exports to Togo ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Togo (+79.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Solar Cells and Light-Emitting Diodes

Imports into the United Arab Emirates

In 2022, purchases abroad of solar cells and light-emitting diodes decreased by -96.5% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, posted a remarkable increase. The growth pace was the most rapid in 2017 with an increase of 1,558%. Imports peaked at X units in 2021, and then shrank markedly in the following year.

In value terms, solar cells and light-emitting diodes imports shrank markedly to $X in 2022. Over the period under review, imports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2015 when imports increased by 175%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Ukraine (X units) was the main solar cells and light-emitting diodes supplier to the United Arab Emirates, with a approx. 99% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Ukraine amounted to +826.7%.

In value terms, Ukraine ($X) constituted the largest supplier of solar cells and light-emitting diodes to the United Arab Emirates.

From 2012 to 2022, the average annual growth rate of value from Ukraine amounted to +596.4%.

Import Prices by Country

In 2022, the average import price for solar cells and light-emitting diodes amounted to $X per unit, growing by 2,280% against the previous year. Overall, the import price continues to indicate a prominent increase. Over the period under review, average import prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Ukraine.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -22.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for solar cells and light-emitting diodes in the world?

The United States constituted the country with the largest volume of solar cells and light-emitting diodes consumption, accounting for 25% of total volume. Moreover, solar cells and light-emitting diodes consumption in the United States exceeded the figures recorded by the second-largest consumer, Brazil, fourfold. The Netherlands ranked third in terms of total consumption with a 4.9% share.

What are the largest producers of solar cells and light-emitting diodes in the world?

The countries with the highest volumes of in 2021 were China, Thailand and Malaysia, with a combined 79% share of global production.

What are the leading suppliers of solar cells and light-emitting diodes to the United Arab Emirates?

In value terms, the United States, India and Japan were the largest solar cells and light-emitting diodes suppliers to the United Arab Emirates, with a combined 54% share of total imports.

What are the leading importers of solar cells and light-emitting diodes from the United Arab Emirates?

In value terms, Australia emerged as the key foreign market for solar cells and light-emitting diodes exports from the United Arab Emirates, comprising 43% of total exports. The second position in the ranking was occupied by Tanzania, with a 21% share of total exports. It was followed by Hungary, with a 20% share.

What is the average export price for solar cells and light-emitting diodes in the United Arab Emirates?

The average export price for solar cells and light-emitting diodes stood at $3,964 per ton in 2021, declining by -9.2% against the previous year.

What is the average import price for solar cells and light-emitting diodes in the United Arab Emirates?

The average import price for solar cells and light-emitting diodes stood at $1,331 per ton in 2021, waning by -9.3% against the previous year.

This report provides an in-depth analysis of the market for solar cells and light-emitting diodes 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 26112220 - Semiconductor light emitting diodes (LEDs)
Prodcom 26112240 - Photosensitive semiconductor devices, solar cells, photodiodes, p hoto-transistors, etc.

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