United Arab Emirates: Market for Tube Or Pipe Fittings Of Non-Malleable Cast Iron 2020

Market Size for Tube Or Pipe Fittings Of Non-Malleable Cast Iron in the United Arab Emirates

The revenue of the market for tube or pipe fittings of non-malleable cast iron in the United Arab Emirates amounted to $X in 2018, dropping 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 of tube or pipe fittings of non-malleable cast iron continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. Consumption of tube or pipe fittings of non-malleable cast iron peaked at $X in 2012; however, from 2013 to 2018, consumption failed to regain its momentum.

Exports of Tube Or Pipe Fittings Of Non-Malleable Cast Iron

Exports from the United Arab Emirates

In 2018, the exports of tube or pipe fittings of non-malleable cast iron from the United Arab Emirates amounted to X tons, rising by X% against the previous year. Over the period under review, exports of tube or pipe fittings of non-malleable cast iron continue to indicate slight growth. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Exports peaked at X tons in 2010; however, from 2011 to 2018, exports remained at a lower figure.

In value terms, exports of tube or pipe fittings of non-malleable cast iron amounted to $X in 2018. Over the period under review, exports of tube or pipe fittings of non-malleable cast iron continue to indicate prominent growth. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Over the period under review, exports of tube or pipe fittings of non-malleable cast iron attained their peak figure at $X in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

Exports by Country

Oman (X tons) was the main destination for exports of tube or pipe fittings of non-malleable cast iron from the United Arab Emirates, with a X% share of total exports. Moreover, exports of tube or pipe fittings of non-malleable cast iron to Oman exceeded the volume sent to the second major destination, Saudi Arabia (X tons), twofold. The third position in this ranking was occupied by Qatar (X tons), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Oman totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-X% per year) and Qatar (+X% per year).

In value terms, Oman ($X), Saudi Arabia ($X) and India ($X) appeared to be the largest markets for non-malleable cast iron pipe fittings exported from the United Arab Emirates worldwide, together comprising X% of total exports.

Among the main countries of destination, India experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average export price for tube or pipe fittings of non-malleable cast iron amounted to $X per ton, rising by X% against the previous year. In general, the export price for tube or pipe fittings of non-malleable cast iron continues to indicate prominent growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% year-to-year. In that year, the average export prices for tube or pipe fittings of non-malleable cast iron attained their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was India ($X per ton), while the average price for exports to Ethiopia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tube Or Pipe Fittings Of Non-Malleable Cast Iron

Imports into the United Arab Emirates

In 2018, approx. X tons of tube or pipe fittings of non-malleable cast iron were imported into the United Arab Emirates; going up by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Imports peaked at X tons in 2013; afterwards, it flattened through to 2018.

In value terms, imports of tube or pipe fittings of non-malleable cast iron stood at $X in 2018. Over the period under review, imports of tube or pipe fittings of non-malleable cast iron continue to indicate a slight decrease. The pace of growth was the most pronounced in 2008 when imports increased by X% against the previous year. Over the period under review, imports of tube or pipe fittings of non-malleable cast iron attained their maximum at $X in 2012; however, from 2013 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, China (X tons) constituted the largest supplier of non-malleable cast iron pipe fittings to the United Arab Emirates, with a X% share of total imports. Moreover, imports of tube or pipe fittings of non-malleable cast iron from China exceeded the figures recorded by the second-largest supplier, India (X tons), sixfold. Thailand (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-X% per year) and Thailand (+X% per year).

In value terms, China ($X) constituted the largest supplier of non-malleable cast iron pipe fittings to the United Arab Emirates, comprising X% of total imports of tube or pipe fittings of non-malleable cast iron. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2007 to 2018, the average annual growth rate of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and India (-X% per year).

Import Prices by Country

The average import price for tube or pipe fittings of non-malleable cast iron stood at $X per ton in 2018, waning by -X% against the previous year. Over the period under review, the import price for tube or pipe fittings of non-malleable cast iron continues to indicate a noticeable deduction. The most prominent rate of growth was recorded in 2012 when the average import price increased by X% year-to-year. In that year, the average import prices for tube or pipe fittings of non-malleable cast iron attained their peak level of $X per ton. From 2013 to 2018, the growth in terms of the average import prices for tube or pipe fittings of non-malleable cast iron remained at a somewhat lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

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Source: IndexBox Platform