United Arab Emirates: Pre-Coated Aggregates Market 2024

Pre-Coated Aggregates Market Size in the United Arab Emirates

In 2022, the pre-coated aggregates market in the United Arab Emirates increased by 26% to $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption, however, recorded a dramatic decline. Pre-coated aggregates consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Pre-Coated Aggregates Production in the United Arab Emirates

In value terms, pre-coated aggregates production declined slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2018 when the production volume increased by 6.5%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Pre-Coated Aggregates Exports

Exports from the United Arab Emirates

In 2022, after ten years of growth, there was decline in overseas shipments of pre-coated aggregates, when their volume decreased by -0.2% to X tons. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by 559%. The exports peaked at X tons in 2021, and then shrank modestly in the following year.

In value terms, pre-coated aggregates exports reduced slightly to $X in 2022. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 154%. Over the period under review, the exports reached the maximum at $X in 2021, and then contracted slightly in the following year.

Exports by Country

Oman (X tons) was the main destination for pre-coated aggregates exports from the United Arab Emirates, with a 94% share of total exports. Moreover, pre-coated aggregates exports to Oman exceeded the volume sent to the second major destination, Qatar (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Oman stood at +155.6%.

In value terms, Oman ($X) remains the key foreign market for pre-coated aggregates exports from the United Arab Emirates, comprising 75% of total exports. The second position in the ranking was taken by Qatar ($X), with a 25% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Oman totaled +90.6%.

Export Prices by Country

In 2022, the average pre-coated aggregates export price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, saw a precipitous decrease. The pace of growth was the most pronounced in 2021 when the average export price increased by 20% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Oman totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (-15.5%).

Pre-Coated Aggregates Imports

Imports into the United Arab Emirates

In 2022, purchases abroad of pre-coated aggregates increased by 25% to X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 368% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, pre-coated aggregates imports surged to $X in 2022. In general, imports, however, recorded a noticeable downturn. The pace of growth was the most pronounced in 2017 with an increase of 207% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of pre-coated aggregates to the United Arab Emirates, with a 76% share of total imports. Moreover, pre-coated aggregates imports from the United States exceeded the figures recorded by the second-largest supplier, the UK (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled +1.4%.

In value terms, the United States ($X) constituted the largest supplier of pre-coated aggregates to the United Arab Emirates, comprising 91% of total imports. The second position in the ranking was held by the UK ($X), with an 8.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at -3.4%.

Import Prices by Country

The average pre-coated aggregates import price stood at $X per ton in 2022, shrinking by -3% against the previous year. Overall, the import price saw a pronounced shrinkage. The pace of growth was the most pronounced in 2019 when the average import price increased by 87%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for the UK amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+18.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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