United Arab Emirates: Rolled Bitumen Articles Market 2024

Rolled Bitumen Articles Market Size in the United Arab Emirates

The rolled bitumen articles market in the United Arab Emirates expanded remarkably to $X in 2022, rising by X% against the previous year. Overall, the total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Rolled bitumen articles consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Rolled Bitumen Articles Production in the United Arab Emirates

In value terms, rolled bitumen articles production rose rapidly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Rolled Bitumen Articles Exports

Exports from the United Arab Emirates

After two years of growth, shipments abroad of articles of bitumen in rolls decreased by X% to X square meters in 2022. In general, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure at X square meters in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, rolled bitumen articles exports declined markedly to $X in 2022. Overall, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X square meters) was the main destination for rolled bitumen articles exports from the United Arab Emirates, accounting for a X% share of total exports. Moreover, rolled bitumen articles exports to the United States exceeded the volume sent to the second major destination, Canada (X square meters), fourfold. Bahrain (X square meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Bahrain (X% per year).

In value terms, the United States ($X) remains the key foreign market for articles of bitumen in rolls exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports. It was followed by Oman, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Oman (X% per year).

Export Prices by Country

In 2022, the average rolled bitumen articles export price amounted to $X per square meter, therefore, remained relatively stable against the previous year. In general, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rolled bitumen articles export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per square meter, and then contracted modestly in the following year.

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 Canada ($X per square meter), while the average price for exports to Djibouti ($X per square meter) was amongst the lowest.

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

Rolled Bitumen Articles Imports

Imports into the United Arab Emirates

After four years of decline, overseas purchases of articles of bitumen in rolls increased by X% to X square meters in 2022. Over the period under review, imports, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X square meters in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, rolled bitumen articles imports expanded notably to $X in 2022. In general, imports, however, saw a pronounced slump. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Saudi Arabia (X square meters) was the main rolled bitumen articles supplier to the United Arab Emirates, with a X% share of total imports. Moreover, rolled bitumen articles imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Egypt (X square meters), more than tenfold. The third position in this ranking was taken by Italy (X square meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Saudi Arabia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Italy (X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of articles of bitumen in rolls to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was taken by Egypt ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Saudi Arabia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Italy (X% per year).

Import Prices by Country

The average rolled bitumen articles import price stood at $X per square meter in 2022, with an increase of X% against the previous year. Overall, the import price, however, saw a slight slump. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per square meter), while the price for Egypt ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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