Market for Solid Vulcanised Rubber Sheet in the United Arab Emirates
Market Overview
In 
, the solid vulcanised rubber sheet market in the United Arab Emirates decreased by -% to $, falling for the third consecutive year after two years of growth. Overall, consumption saw a pronounced curtailment. Solid vulcanised rubber sheet consumption peaked at $ in 2008; however, from 2009 to , consumption remained at a lower figure.
, the solid vulcanised rubber sheet market in the United Arab Emirates decreased by -% to $, falling for the third consecutive year after two years of growth. Overall, consumption saw a pronounced curtailment. Solid vulcanised rubber sheet consumption peaked at $ in 2008; however, from 2009 to , consumption remained at a lower figure.Consumption
In , consumption of plates, sheets, strips for floor covering of solid vulcanised rubber decreased by -% to tons, falling for the fourth year in a row after two years of growth. Overall, consumption showed a noticeable decrease. Over the period under review, consumption reached the peak volume at tons in 2008; however, from 2009 to , consumption remained at a lower figure.
The revenue of the solid vulcanised rubber sheet market in the United Arab Emirates dropped slightly to $ in , reducing by -% 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 saw a noticeable downturn. Solid vulcanised rubber sheet consumption peaked at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.
, consumption of plates, sheets, strips for floor covering of solid vulcanised rubber decreased by -% to tons, falling for the fourth year in a row after two years of growth. Overall, consumption showed a noticeable decrease. Over the period under review, consumption reached the peak volume at tons in 2008; however, from 2009 to , consumption remained at a lower figure.The revenue of the solid vulcanised rubber sheet market in the United Arab Emirates dropped slightly to $
in , reducing by -% 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 saw a noticeable downturn. Solid vulcanised rubber sheet consumption peaked at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.Market Forecast
Depressed by shrinking demand for solid vulcanised rubber sheet in the United Arab Emirates, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the 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 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
Solid vulcanised rubber sheet market in the United Arab Emirates consists almost entirely of imported products.
Trade Balance
The United Arab Emirates remains a net importer of solid vulcanised rubber sheet; 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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