Price for Artwork; Collages and Similar Decorative Plaques in the United Arab Emirates - 2022

Contents:

1. Price for Artwork; Collages and Similar Decorative Plaques in the United Arab Emirates (CIF) - 2022
2. Price for Artwork; Collages and Similar Decorative Plaques in the United Arab Emirates (FOB) - 2022
3. Imports of Artwork; Collages and Similar Decorative Plaques in the United Arab Emirates
4. Exports of Artwork; Collages and Similar Decorative Plaques in the United Arab Emirates

Price for Artwork; Collages and Similar Decorative Plaques in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for artwork; collages and similar decorative plaqueses amounted to $123,473 per ton, picking up by 37% against the previous year. Over the period under review, the import price enjoyed a prominent expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 59% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($4,939,597 per ton), while the price for Sri Lanka ($29,340 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+27.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Artwork; Collages and Similar Decorative Plaques in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for artwork; collages and similar decorative plaqueses amounted to $47,571 per ton, increasing by 42% against the previous year. In general, the export price showed a resilient expansion. The growth pace was the most rapid in 2015 an increase of 166% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($106,353 per ton), while the average price for exports to Seychelles ($1,413 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 Uzbekistan (+2,478.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Artwork; Collages and Similar Decorative Plaques in the United Arab Emirates

In 2022, imports of artwork; collages and similar decorative plaqueses into the United Arab Emirates declined notably to 47 tons, waning by -49.5% compared with 2021 figures. In general, imports recorded a dramatic setback. The most prominent rate of growth was recorded in 2021 when imports increased by 130%.

In value terms, imports of artwork; collages and similar decorative plaqueses plummeted to $5.8M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 163% against the previous year. As a result, imports reached the peak of $8.5M, and then dropped markedly in the following year.

Top Suppliers of Artwork; Collages and Similar Decorative Plaques to the United Arab Emirates in 2022:

1. Sri Lanka (39.0 tons)
2. Lebanon (7.2 tons)
3. Taiwan (Chinese) (0.8 tons)

Exports of Artwork; Collages and Similar Decorative Plaques in the United Arab Emirates

In 2022, overseas shipments of artwork; collages and similar decorative plaqueses decreased by -33.8% to 19 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +6.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +19.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 60% against the previous year. As a result, the exports attained the peak of 29 tons, and then dropped rapidly in the following year.

In value terms, exports of artwork; collages and similar decorative plaqueses reduced to $900K in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 42%.

Top Export Markets for Artwork; Collages and Similar Decorative Plaques from the United Arab Emirates in 2022:

1. Lebanon (9.1 tons)
2. Uzbekistan (6.2 tons)
3. Rwanda (1.7 tons)
4. Zimbabwe (0.5 tons)
5. Mozambique (0.4 tons)
6. Philippines (0.3 tons)
7. Seychelles (0.1 tons)

Source: IndexBox Market Intelligence Platform