United Arab Emirates: Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone 2024

Market Size for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in the United Arab Emirates

After four years of decline, the market for tiles, flagstones and similar articles of cement, concrete or artificial stone in the United Arab Emirates increased by 4.2% to $X in 2021. Over the period under review, the total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Consumption of peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Production of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in the United Arab Emirates

In value terms, production of tiles, flagstones and similar articles of cement, concrete or artificial stone stood at $X in 2021 estimated in export price. Overall, the total production indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.9% 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 -22.5% against 2016 indices. The growth pace was the most rapid in 2014 when the production volume increased by 50% against the previous year. Over the period under review, production of hit record highs at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Exports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Exports from the United Arab Emirates

In 2021, the amount of tiles, flagstones and similar articles of cement, concrete or artificial stone exported from the United Arab Emirates shrank markedly to X tons, with a decrease of -35.7% on the previous year. In general, exports showed a abrupt downturn. The growth pace was the most rapid in 2013 with an increase of 70% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone shrank dramatically to $X in 2021. Over the period under review, exports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by 80%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for exports of tiles, flagstones and similar articles of cement, concrete or artificial stone from the United Arab Emirates, with a 69% share of total exports. Moreover, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone to Saudi Arabia exceeded the volume sent to the second major destination, Oman (X tons), fourfold. Maldives (X tons) ranked third in terms of total exports with a 4.8% share.

From 2012 to 2021, the average annual growth rate of volume to Saudi Arabia stood at -7.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+0.9% per year) and Maldives (+80.7% per year).

In value terms, the largest markets for tiles, flagstones and similar articles of cement, concrete or artificial stone exported from the United Arab Emirates were Saudi Arabia ($X), Maldives ($X) and Oman ($X), with a combined 84% share of total exports.

In terms of the main countries of destination, Maldives, with a CAGR of +85.9%, 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

In 2021, the average export price for tiles, flagstones and similar articles of cement, concrete or artificial stone amounted to $X per ton, rising by 3.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2017 when the average export price increased by 16%. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Maldives ($X per ton), while the average price for exports to the United States ($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 Qatar (+22.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Imports into the United Arab Emirates

In 2021, approx. X tons of tiles, flagstones and similar articles of cement, concrete or artificial stone were imported into the United Arab Emirates; increasing by 32% compared with the year before. Over the period under review, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 87% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone soared to $X in 2021. Overall, imports enjoyed strong growth. The pace of growth was the most pronounced in 2014 with an increase of 59%. Imports peaked in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest tiles, flagstones and similar articles of cement, concrete or artificial stone supplier to the United Arab Emirates, accounting for a 42% share of total imports. Moreover, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone from China exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. Oman (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +23.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+30.5% per year) and Oman (+26.1% per year).

In value terms, China ($X) constituted the largest supplier of tiles, flagstones and similar articles of cement, concrete or artificial stone to the United Arab Emirates, comprising 44% of total imports. The second position in the ranking was held by India ($X), with a 14% share of total imports. It was followed by Oman, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +21.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+29.3% per year) and Oman (+36.5% per year).

Import Prices by Country

The average import price for tiles, flagstones and similar articles of cement, concrete or artificial stone stood at $X per ton in 2021, growing by 20% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 42% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for the UK ($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 (+26.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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