United Arab Emirates: Worked Flat Glass Market 2024

Worked Flat Glass Market Size in the United Arab Emirates

For the third consecutive year, the worked flat glass market in the United Arab Emirates recorded decline in sales value, which decreased by -18.1% to $X in 2021. Overall, consumption recorded a mild decline. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Worked Flat Glass Production in the United Arab Emirates

In value terms, worked flat glass production shrank rapidly to $X in 2021 estimated in export price. In general, production continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2018 when the production volume increased by 1,288%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Worked Flat Glass Exports

Exports from the United Arab Emirates

In 2021, exports of worked flat glass from the United Arab Emirates expanded remarkably to X tons, increasing by 13% against 2020 figures. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 381% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, worked flat glass exports rose modestly to $X in 2021. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 188% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

Saudi Arabia (X tons) was the main destination for worked flat glass exports from the United Arab Emirates, accounting for a 99% share of total exports. It was followed by Australia (X tons), with a 0.2% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Saudi Arabia amounted to +63.0%.

In value terms, Saudi Arabia ($X) remains the key foreign market for worked flat glass exports from the United Arab Emirates, comprising 99% of total exports. The second position in the ranking was taken by Australia ($X), with a 0.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia totaled +39.0%.

Export Prices by Country

In 2021, the average worked flat glass export price amounted to $X per ton, declining by -8% against the previous year. In general, the export price showed a abrupt descent. The growth pace was the most rapid in 2019 when the average export price increased by 52% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Australia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (-4.8%), while the prices for the other major destinations experienced a decline.

Worked Flat Glass Imports

Imports into the United Arab Emirates

Worked flat glass imports into the United Arab Emirates declined to X tons in 2021, which is down by -6.8% compared with the year before. Overall, imports, however, saw prominent growth. The pace of growth appeared the most rapid in 2015 when imports increased by 108% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, worked flat glass imports expanded slightly to $X in 2021. In general, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +9.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +32.6% against 2019 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 39%. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, China (X tons) was the main worked flat glass supplier to the United Arab Emirates, accounting for a 95% share of total imports. It was followed by Turkey (X tons), with a 2.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +15.5%.

In value terms, China ($X) constituted the largest supplier of worked flat glass to the United Arab Emirates, comprising 79% of total imports. The second position in the ranking was held by Turkey ($X), with a 2.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +12.8%.

Import Prices by Country

In 2021, the average worked flat glass import price amounted to $X per ton, rising by 9.9% against the previous year. Overall, the import price, however, recorded a noticeable slump. The pace of growth was the most pronounced in 2016 an increase of 75% 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.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Turkey stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-1.1%).

Source: IndexBox Platform

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