United Arab Emirates: Fireworks Market 2022

Fireworks Market Size in the United Arab Emirates

The fireworks market in the United Arab Emirates surged to $X in 2021, increasing 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 posted a buoyant expansion. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Fireworks Exports

Exports from the United Arab Emirates

In 2021, the amount of fireworks exported from the United Arab Emirates soared to X tons, jumping by X% compared with the previous year's figure. In general, exports posted significant growth. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, fireworks exports surged to $X in 2021. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for fireworks exports from the United Arab Emirates, with a X% share of total exports. Moreover, fireworks exports to Saudi Arabia exceeded the volume sent to the second major destination, Bahrain (X tons), fourfold. Kuwait (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Saudi Arabia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (+X% per year) and Kuwait (+X% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for fireworks exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was held by Oman ($X), with a X% share of total exports. It was followed by Kuwait, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Saudi Arabia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+X% per year) and Kuwait (+X% per year).

Export Prices by Country

In 2021, the average fireworks export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, saw a slight reduction. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Oman ($X per ton), while the average price for exports to Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Fireworks Imports

Imports into the United Arab Emirates

In 2021, approx. X tons of fireworks were imported into the United Arab Emirates; with an increase of X% against the previous year's figure. Over the period under review, imports continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, fireworks imports skyrocketed to $X in 2021. In general, imports posted a strong expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest fireworks supplier to the United Arab Emirates, accounting for a X% share of total imports. Moreover, fireworks imports from China exceeded the figures recorded by the second-largest supplier, France (X tons), sixfold. The third position in this ranking was taken by Spain (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Spain (+X% per year).

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

From 2012 to 2021, 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: Spain (+X% per year) and Italy (+X% per year).

Import Prices by Country

In 2021, the average fireworks import price amounted to $X per ton, dropping by -X% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, fireworks import price increased by +X% against 2019 indices. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then declined remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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