United Arab Emirates: Plastic Household Ware Market 2024

Plastic Household Ware Market Size in the United Arab Emirates

The plastic household ware market in the United Arab Emirates skyrocketed to $X in 2021, with an increase of 64% 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). Over the period under review, consumption posted a strong expansion. Plastic household ware consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Plastic Household Ware Exports

Exports from the United Arab Emirates

Plastic household ware exports from the United Arab Emirates surged to X tons in 2021, with an increase of 22% compared with 2020 figures. In general, total exports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 59%. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, plastic household ware exports skyrocketed to $X in 2021. Overall, total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +9.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 53% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in the near future.

Exports by Country

Saudi Arabia (X tons), Oman (X tons) and Mauritania (X tons) were the main destinations of plastic household ware exports from the United Arab Emirates, with a combined 82% share of total exports. These countries were followed by Tanzania and the United States, which together accounted for a further 6.5%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +65.2%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Oman ($X) and the United States ($X) were the largest markets for plastic household ware exported from the United Arab Emirates worldwide, together comprising 88% of total exports.

The United States, with a CAGR of +70.9%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average plastic household ware export price amounted to $X per ton, surging by 3% against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, plastic household ware export price increased by +70.6% against 2017 indices. The growth pace was the most rapid in 2018 an increase of 57% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Mauritania ($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 Oman (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Household Ware Imports

Imports into the United Arab Emirates

In 2021, approx. X tons of plastics household articles and toilet articles were imported into the United Arab Emirates; growing by 35% against the year before. The total import volume increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, plastic household ware imports surged to $X in 2021. Overall, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +8.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +52.6% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest plastic household ware supplier to the United Arab Emirates, accounting for a 56% share of total imports. Moreover, plastic household ware imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fivefold. Turkey (X tons) ranked third in terms of total imports with a 9.1% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+3.7% per year) and Turkey (+20.6% per year).

In value terms, China ($X) constituted the largest supplier of plastics household articles and toilet articles to the United Arab Emirates, comprising 59% of total imports. The second position in the ranking was held by India ($X), with a 6.8% share of total imports. It was followed by Turkey, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +16.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+5.0% per year) and Turkey (+20.8% per year).

Import Prices by Country

The average plastic household ware import price stood at $X per ton in 2021, increasing by 5.1% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.6%. The pace of growth was the most pronounced in 2020 an increase of 13%. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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