United Arab Emirates: Market for Prefabricated Buildings Of Plastics, Concrete Or Aluminium 2024

Market Size for Prefabricated Buildings Of Plastics, Concrete Or Aluminium in the United Arab Emirates

In 2021, after four years of growth, there was decline in the market for prefabricated buildings of plastics, concrete or aluminium in the United Arab Emirates, when its value decreased by -3.6% to $X. In general, consumption, however, showed a resilient increase. Over the period under review, the market attained the peak level at $X in 2020, and then reduced slightly in the following year.

Production of Prefabricated Buildings Of Plastics, Concrete Or Aluminium in the United Arab Emirates

In value terms, production of prefabricated buildings of plastics, concrete or aluminium rose slightly to $X in 2021 estimated in export price. Overall, the total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -2.2% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 21% against the previous year. Production of peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports from the United Arab Emirates

In 2021, overseas shipments of prefabricated buildings of plastics, concrete or aluminium increased by 17% to X tons, rising for the second year in a row after three years of decline. Overall, exports, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2016 with an increase of 116% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium soared to $X in 2021. In general, exports, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2017 when exports increased by 46% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

Pakistan (X tons) was the main destination for exports of prefabricated buildings of plastics, concrete or aluminium from the United Arab Emirates, accounting for a 26% share of total exports. Moreover, exports of prefabricated buildings of plastics, concrete or aluminium to Pakistan exceeded the volume sent to the second major destination, Oman (X tons), threefold. The United States (X tons) ranked third in terms of total exports with a 6.9% share.

From 2012 to 2021, the average annual growth rate of volume to Pakistan stood at +17.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (-14.9% per year) and the United States (+10.0% per year).

In value terms, the United States ($X), Pakistan ($X) and Sri Lanka ($X) constituted the largest markets for prefabricated buildings of plastics, concrete or aluminium exported from the United Arab Emirates worldwide, with a combined 30% share of total exports. These countries were followed by Oman, the UK, Germany, Togo, Canada, France, India, Uzbekistan, Nigeria and Senegal, which together accounted for a further 33%.

France, with a CAGR of +41.8%, 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 export price for prefabricated buildings of plastics, concrete or aluminium amounted to $X per ton, growing by 11% against the previous year. In general, the export price, however, recorded a slight decline. The growth pace was the most rapid in 2017 an increase of 147%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Pakistan ($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 Togo (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports into the United Arab Emirates

In 2021, approx. X tons of prefabricated buildings of plastics, concrete or aluminium were imported into the United Arab Emirates; reducing by -35.8% on the year before. Over the period under review, imports recorded a deep setback. The growth pace was the most rapid in 2020 with an increase of 147% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium soared to $X in 2021. In general, imports, however, recorded perceptible growth. The pace of growth appeared the most rapid in 2014 with an increase of 143%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest prefabricated buildings of plastics, concrete or aluminium supplier to the United Arab Emirates, with a 46% share of total imports. Moreover, imports of prefabricated buildings of plastics, concrete or aluminium from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. Canada (X tons) ranked third in terms of total imports with a 5.4% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+21.9% per year) and Canada (+42.1% per year).

In value terms, China ($X) constituted the largest supplier of prefabricated buildings of plastics, concrete or aluminium to the United Arab Emirates, comprising 18% of total imports. The second position in the ranking was taken by Turkey ($X), with a 5.2% share of total imports. It was followed by Italy, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+12.9% per year) and Italy (+4.6% per year).

Import Prices by Country

In 2021, the average import price for prefabricated buildings of plastics, concrete or aluminium amounted to $X per ton, growing by 195% against the previous year. In general, the import price saw a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform