United Arab Emirates: Market for Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels 2022

Market Size for Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in the United Arab Emirates

In 2020, the market for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses in the United Arab Emirates was finally on the rise to reach $X for the first time since 2017, thus ending a two-year declining trend. Overall, the total consumption indicated pronounced growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the market value increased by X% against the previous year. Consumption peaked in 2020 and is expected to retain growth in the immediate term.

Production of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in the United Arab Emirates

In value terms, production of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses rose markedly to $X in 2020 estimated in export prices. In general, production posted a moderate expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. As a result, production attained the peak level of $X. from 2018 to 2020, production growth remained at a somewhat lower figure.

Exports of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Exports from the United Arab Emirates

In 2020, overseas shipments of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses were finally on the rise to reach X square meters after two years of decline. Over the period under review, exports, however, saw a perceptible setback. The pace of growth was the most pronounced in 2017 when exports increased by X% year-to-year. As a result, exports reached the peak of X square meters. from 2018 to 2020, the growth of exports failed to regain the momentum.

In value terms, exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses soared to $X in 2020. Overall, exports, however, recorded buoyant growth. Exports peaked at $X in 2017; however, from 2018 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X square meters) was the main destination for exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from the United Arab Emirates, with a X% share of total exports. Moreover, exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses to Saudi Arabia exceeded the volume sent to the second major destination, Afghanistan (X square meters), threefold. The third position in this ranking was occupied by Oman (X square meters), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Saudi Arabia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (X% per year) and Oman (-X% per year).

In value terms, Saudi Arabia ($X) emerged as the key foreign market for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was occupied by Afghanistan ($X), with a X% share of total exports. It was followed by Kuwait, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Saudi Arabia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (X% per year) and Kuwait (+X% per year).

Export Prices by Country

The average export price for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses stood at $X per square meter in 2020, jumping by X% against the previous year. In general, the export price recorded buoyant growth. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Saudi Arabia ($X per square meter), while the average price for exports to Jordan ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Imports into the United Arab Emirates

Imports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses into the United Arab Emirates skyrocketed to X square meters in 2020, picking up by X% compared with the year before. Overall, imports recorded temperate growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses surged to $X in 2020. In general, total imports indicated a pronounced expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, China (X square meters) constituted the largest supplier of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels to the United Arab Emirates, accounting for a X% share of total imports. Moreover, imports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from China exceeded the figures recorded by the second-largest supplier, the U.S. (X square meters), sevenfold. The third position in this ranking was occupied by South Korea (X square meters), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and South Korea (+X% per year).

In value terms, China ($X), the U.S. ($X) and South Korea ($X) were the largest safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels suppliers to the United Arab Emirates, together comprising X% of total imports.

South Korea (+X% per year) saw the highest growth rate of 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 safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses stood at $X per square meter in 2020, declining by -X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% year-to-year. As a result, import price reached the peak level of $X per square meter. from 2017 to 2020, the growth in terms of the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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