United Arab Emirates: Pyrotechnic Articles Market 2024

Pyrotechnic Articles Market Size in the United Arab Emirates

In 2021, the pyrotechnic articles market in the United Arab Emirates increased by 55% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption enjoyed a tangible expansion. Pyrotechnic articles consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Pyrotechnic Articles Exports

Exports from the United Arab Emirates

After two years of growth, shipments abroad of signalling flares, rain rockets, fog signals and other pyrotechnic articles decreased by -24.2% to X kg in 2021. In general, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2016 with an increase of 267% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, pyrotechnic articles exports shrank to $X in 2021. Overall, exports saw a deep slump. The growth pace was the most rapid in 2014 with an increase of 203% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Seychelles (X kg) was the main destination for pyrotechnic articles exports from the United Arab Emirates, with a 89% share of total exports. Moreover, pyrotechnic articles exports to Seychelles exceeded the volume sent to the second major destination, Burundi (X kg), eightfold.

From 2012 to 2021, the average annual growth rate of volume to Seychelles totaled -5.8%.

In value terms, Seychelles ($X) emerged as the key foreign market for signalling flares, rain rockets, fog signals and other pyrotechnic articles exports from the United Arab Emirates, comprising 97% of total exports. The second position in the ranking was held by Burundi ($X), with a 3.1% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Seychelles totaled -8.0%.

Export Prices by Country

The average pyrotechnic articles export price stood at $X per ton in 2021, jumping by 17% against the previous year. Over the period under review, the export price saw a moderate increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 290%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

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 Seychelles ($X per ton), while the average price for exports to Burundi stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+51,166.1%), while the prices for the other major destinations experienced more modest paces of growth.

Pyrotechnic Articles Imports

Imports into the United Arab Emirates

In 2021, supplies from abroad of signalling flares, rain rockets, fog signals and other pyrotechnic articles increased by 102% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports showed a temperate expansion. The growth pace was the most rapid in 2017 when imports increased by 131%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, pyrotechnic articles imports surged to $X in 2021. In general, imports recorded a temperate increase. The pace of growth was the most pronounced in 2017 with an increase of 238% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest pyrotechnic articles supplier to the United Arab Emirates, accounting for a 48% share of total imports. Moreover, pyrotechnic articles imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. The third position in this ranking was taken by Italy (X tons), with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to +29.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-16.6% per year) and Italy (+2.6% per year).

In value terms, the United States ($X) constituted the largest supplier of signalling flares, rain rockets, fog signals and other pyrotechnic articles to the United Arab Emirates, comprising 43% of total imports. The second position in the ranking was taken by Switzerland ($X), with a 12% share of total imports. It was followed by Germany, with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at +23.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+98.0% per year) and Germany (-18.0% per year).

Import Prices by Country

The average pyrotechnic articles import price stood at $X per ton in 2021, falling by -41.9% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 137%. As a result, import price attained the peak level of $X per ton, and then dropped significantly in the following year.

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

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

Source: IndexBox Platform

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