United Arab Emirates: Market for Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) 2025

Market Size for Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) in the United Arab Emirates

The market for tubes, pipes and hollow profiles (of iron or steel) in the United Arab Emirates dropped significantly to $X in 2021, waning by -76.1% 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 showed a precipitous decline. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Exports of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel)

Exports from the United Arab Emirates

In 2021, exports of tubes, pipes and hollow profiles (of iron or steel) from the United Arab Emirates skyrocketed to X tons, with an increase of 31% against the previous year. In general, exports recorded prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 48% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of tubes, pipes and hollow profiles (of iron or steel) soared to $X in 2021. Overall, total exports indicated a moderate expansion from 2012 to 2021: its value 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 most prominent rate of growth was recorded in 2017 with an increase of 57% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X tons), Oman (X tons) and Saudi Arabia (X tons) were the main destinations of exports of tubes, pipes and hollow profiles (of iron or steel) from the United Arab Emirates, with a combined 53% share of total exports. These countries were followed by the UK, Australia, Canada, Iraq, Kuwait, India, Egypt, Bahrain, Italy and Singapore, which together accounted for a further 62%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iraq (with a CAGR of +68.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for iron or steel pipe and tube exported from the United Arab Emirates were the United States ($X), Oman ($X) and Saudi Arabia ($X), with a combined 60% share of total exports. Iraq, the UK, Canada, Australia, Kuwait, India, Egypt, Bahrain, Singapore and Italy lagged somewhat behind, together accounting for a further 65%.

In terms of the main countries of destination, Iraq, with a CAGR of +52.1%, saw the highest rates of growth with regard to 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 tubes, pipes and hollow profiles (of iron or steel) amounted to $X per ton, growing by 9.1% against the previous year. Overall, the export price, however, recorded a pronounced descent. The pace of growth was the most pronounced in 2019 when the average export price increased by 53%. The export price peaked at $X per ton in 2013; however, from 2014 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 Iraq ($X per ton), while the average price for exports to Italy ($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 the United States (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel)

Imports into the United Arab Emirates

In 2021, the amount of tubes, pipes and hollow profiles (of iron or steel) imported into the United Arab Emirates contracted to X tons, which is down by -6.3% compared with the previous year. Over the period under review, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2019 with an increase of 12% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of tubes, pipes and hollow profiles (of iron or steel) reduced to $X in 2021. Overall, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when imports increased by 18%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest iron or steel pipe and tube supplier to the United Arab Emirates, accounting for a 36% share of total imports. Moreover, imports of tubes, pipes and hollow profiles (of iron or steel) from China exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. Ukraine (X tons) ranked third in terms of total imports with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-5.5% per year) and Ukraine (+9.0% per year).

In value terms, China ($X) constituted the largest supplier of tubes, pipes and hollow profiles (of iron or steel) to the United Arab Emirates, comprising 27% of total imports. The second position in the ranking was held by India ($X), with a 12% share of total imports. It was followed by Japan, with a 9.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-6.3% per year) and Japan (-16.1% per year).

Import Prices by Country

In 2021, the average import price for tubes, pipes and hollow profiles (of iron or steel) amounted to $X per ton, reducing by -1.7% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 24%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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