Bauxite Market in the United Arab Emirates
Market Overview
After two years of decline, the bauxite market in the United Arab Emirates increased by 
% to $ in . Over the period under review, consumption posted pronounced growth. As a result, consumption attained the peak level of $. From 2013 to , the growth of the market remained at a lower figure.
% to $ in . Over the period under review, consumption posted pronounced growth. As a result, consumption attained the peak level of $. From 2013 to , the growth of the market remained at a lower figure.Consumption
In , consumption of bauxite increased by % to tons for the first time since 2019, thus ending a two-year declining trend. In general, consumption showed a temperate expansion. As a result, consumption reached the peak volume of tons. From 2013 to , the growth of the consumption remained at a somewhat lower figure.
The size of the bauxite market in the United Arab Emirates surged to $ in , with an increase of % 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). Over the period under review, consumption saw a measured increase. As a result, consumption reached the peak level of $. From 2013 to , the growth of the market remained at a lower figure.
, consumption of bauxite increased by % to tons for the first time since 2019, thus ending a two-year declining trend. In general, consumption showed a temperate expansion. As a result, consumption reached the peak volume of tons. From 2013 to , the growth of the consumption remained at a somewhat lower figure.The size of the bauxite market in the United Arab Emirates surged to $
in , with an increase of % 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). Over the period under review, consumption saw a measured increase. As a result, consumption reached the peak level of $. From 2013 to , the growth of the market remained at a lower figure.Market Forecast
The bauxite market is expected to start a downward consumption trend over the next eight-year period. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eight-year period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the eight-year period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Bauxite market in the United Arab Emirates consists almost entirely of imported products. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.Trade Balance
The United Arab Emirates remains a net importer of bauxite; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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