United Arab Emirates: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in the United Arab Emirates

The articles of fiber cement market in the United Arab Emirates shrank remarkably to $X in 2023, declining by X% 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). In general, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then reduced dramatically in the following year.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports from the United Arab Emirates

For the seventh consecutive year, the United Arab Emirates recorded decline in shipments abroad of articles of asbestos-cement, cellulose fiber-cement or the like, which decreased by X% to X tons in 2023. In general, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at X tons in 2016; however, from 2017 to 2023, the exports remained at a lower figure.

In value terms, articles of fiber cement exports amounted to $X in 2023. Overall, exports, however, recorded a measured increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia (X tons) was the main destination for articles of fiber cement exports from the United Arab Emirates, with a X% share of total exports. Moreover, articles of fiber cement exports to Australia exceeded the volume sent to the second major destination, Germany (X tons), threefold. Togo (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Australia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Togo (X% per year).

In value terms, Germany ($X), Australia ($X) and Togo ($X) constituted the largest markets for articles of fiber cement exported from the United Arab Emirates worldwide, together comprising X% of total exports.

Germany, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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

The average articles of fiber cement export price stood at $X per ton in 2023, increasing by X% against the previous year. Over the period under review, the export price recorded resilient growth. The pace of growth was the most pronounced in 2014 when the average export price increased by X%. The export price peaked in 2023 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mauritius (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports into the United Arab Emirates

In 2023, approx. X tons of articles of asbestos-cement, cellulose fiber-cement or the like were imported into the United Arab Emirates; dropping by X% compared with the year before. Over the period under review, imports saw a slight downturn. The most prominent rate of growth was recorded in 2022 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.

In value terms, articles of fiber cement imports declined notably to $X in 2023. Overall, imports showed a mild decrease. The pace of growth appeared the most rapid in 2022 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then fell markedly in the following year.

Imports by Country

In 2023, China (X tons) constituted the largest articles of fiber cement supplier to the United Arab Emirates, with a X% share of total imports. Moreover, articles of fiber cement imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), eightfold. Italy (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Italy (X% per year).

In value terms, China ($X) constituted the largest supplier of articles of asbestos-cement, cellulose fiber-cement or the like to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with an X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2023, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Belgium (X% per year).

Import Prices by Country

The average articles of fiber cement import price stood at $X per ton in 2023, surging by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform