United Arab Emirates: Market for Float Glass And Surface Ground or Polished Glass 2024

Market Size for Float Glass And Surface Ground or Polished Glass in the United Arab Emirates

In 2022, after three years of decline, there was significant growth in the market for float glass and surface ground or polished glass in the United Arab Emirates, when its value increased by X% to $X. Overall, consumption showed a strong expansion. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in the near future.

Production of Float Glass And Surface Ground or Polished Glass in the United Arab Emirates

In value terms, production of float glass and surface ground or polished glass shrank slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production of growth remained at a somewhat lower figure.

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Exports of Float Glass And Surface Ground or Polished Glass

Exports from the United Arab Emirates

In 2022, approx. X square meters of float glass and surface ground or polished glass were exported from the United Arab Emirates; reducing by X% compared with 2021 figures. Overall, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports of hit record highs at X square meters in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, exports of float glass and surface ground or polished glass rose significantly to $X in 2022. Over the period under review, exports showed a slight decrease. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X square meters), Oman (X square meters) and Bolivia (X square meters) were the main destinations of exports of float glass and surface ground or polished glass from the United Arab Emirates, with a combined X% share of total exports. Kuwait, Bahrain, New Zealand, Qatar, India, Morocco, Australia, South Africa and South Korea lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Morocco (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Oman ($X) and Kuwait ($X) constituted the largest markets for float glass and surface ground or polished glass exported from the United Arab Emirates worldwide, with a combined X% share of total exports. Bahrain, New Zealand, Qatar, Australia, South Africa, Morocco, Bolivia, India and South Korea lagged somewhat behind, together accounting for a further X%.

Morocco, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average export price for float glass and surface ground or polished glass amounted to $X per square meter, surging by X% against the previous year. Overall, export price indicated prominent growth 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, export price for float glass and surface ground or polished glass increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($X per square meter), while the average price for exports to Bolivia ($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 South Africa (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Float Glass And Surface Ground or Polished Glass

Imports into the United Arab Emirates

In 2022, approx. X square meters of float glass and surface ground or polished glass were imported into the United Arab Emirates; rising by X% compared with the previous year's figure. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at X square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of float glass and surface ground or polished glass rose markedly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

China (X square meters), Saudi Arabia (X square meters) and Belgium (X square meters) were the main suppliers of imports of float glass and surface ground or polished glass to the United Arab Emirates, with a combined X% share of total imports. India, Switzerland, France, Germany, Iran, the United States and Indonesia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Iran (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Saudi Arabia ($X) and Belgium ($X) were the largest float glass and surface ground or polished glass suppliers to the United Arab Emirates, with a combined X% share of total imports. India, Switzerland, Germany, France, the United States, Iran and Indonesia lagged somewhat behind, together comprising a further X%.

Iran, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for float glass and surface ground or polished glass stood at $X per square meter in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per square meter) and Switzerland ($X per square meter), while the price for Iran ($X per square meter) and China ($X per square meter) were amongst the lowest.

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

Source: IndexBox Platform

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