Report Update: May 1, 2024

United Arab Emirates - Base Metal Hooks, Eyes And Eyelets - Market Analysis, Forecast, Size, Trends And Insights

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Base Metal Hook Price in the United Arab Emirates - 2021

Base Metal Hook Price in the United Arab Emirates (CIF) - 2022

In 2022, the average base metal hook import price amounted to $6,496 per ton, shrinking by -15.8% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, base metal hook import price increased by +50.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 37% against the previous year. The import price peaked at $7,718 per ton in 2021, and then declined sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($8,168 per ton), while the price for India ($3,606 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Base Metal Hook Price in the United Arab Emirates (FOB) - 2022

In 2022, the average base metal hook export price amounted to $5,247 per ton, growing by 27% against the previous year. In general, the export price recorded a prominent increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 59% against the previous year. Over the period under review, the average export prices attained the peak figure at $7,408 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($13,566 per ton), while the average price for exports to Tanzania ($648 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+52.4%), while the prices for the other major destinations experienced more modest paces of growth.

Base Metal Hook Imports in the United Arab Emirates

In 2022, purchases abroad of base metal hooks, eyes and eyelets was finally on the rise to reach 945 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a abrupt decrease.

In value terms, base metal hook imports totaled $6.1M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern.

Import of Base Metal Hook in the United Arab Emirates (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	4.7	5.6	4.5	5.2	3.4%
Italy	0.1	0.1	0.1	0.1	0.0%
India	0.2	0.2	0.1	0.1	-20.6%
Japan	0.2	0.2	0.1	0.1	-20.6%
Others	1.0	0.9	0.6	0.6	-15.7%
Total	6.1	6.9	5.3	6.1	0.0%

Top Suppliers of Base Metal Hook to the United Arab Emirates in 2022:

China (830.9 tons)
India (30.7 tons)
Japan (27.6 tons)
Italy (14.7 tons)

Base Metal Hook Exports in the United Arab Emirates

Base metal hook exports from the United Arab Emirates surged to 158 tons in 2022, picking up by 23% against the previous year's figure. The total export volume increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 30%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, base metal hook exports soared to $829K in 2022. Over the period under review, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 70%. As a result, the exports attained the peak of $1.1M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Base Metal Hook in the United Arab Emirates (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Australia	N/A	89.3	207	422	117.4%
United States	2.8	28.2	67.7	257	351.1%
Mozambique	N/A	0.8	N/A	33.6	548.1%
Sri Lanka	0.2	1.8	0.7	20.9	371.0%
Tanzania	0.3	3.5	3.4	19.4	301.4%
Rwanda	0.9	0.7	1.4	3.7	60.2%
Cyprus	N/A	286	N/A	N/A	0%
Seychelles	12.6	4.8	14.1	N/A	5.8%
Nigeria	425	115	N/A	N/A	-72.9%
Uganda	5.0	4.9	N/A	N/A	-2.0%
Oman	51.7	49.6	81.4	N/A	25.5%
Saudi Arabia	17.8	61.7	90.5	N/A	125.5%
Others	148	481	64.6	72.5	-21.2%
Total	664	1,128	531	829	7.7%

Top Export Markets for Base Metal Hook from the United Arab Emirates in 2022:

Cyprus (undefined tons)
United States (69.4 tons)
Australia (31.1 tons)
Tanzania (29.9 tons)
Sri Lanka (5.8 tons)
Mozambique (4.7 tons)
Rwanda (2.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the base metal hook market in the United Arab Emirates. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25992530 - Base metal hooks, eyes, eyelets and the like, used for clothing, footwear, awnings, handbags, travel goods or other made-up articles excluding snap hooks, rivets, press studs and push buttons

Country coverage:

United Arab Emirates

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the United Arab Emirates
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023