Non-Reinforced Rubber Tubing Market in the United Arab Emirates
Market Overview
The non-reinforced rubber tubing market in the United Arab Emirates skyrocketed to $
in , growing 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). Overall, consumption continues to indicate a abrupt contraction. Non-reinforced rubber tubing consumption peaked at $ in 2007; however, from 2008 to , consumption remained at a lower figure.
In value terms, non-reinforced rubber tubing production soared to $ in estimated in export price. In general, production enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2011 when the production volume increased by % against the previous year. Over the period under review, production hit record highs at $ in 2017; however, from 2018 to , production stood at a somewhat lower figure.
in , growing 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). Overall, consumption continues to indicate a abrupt contraction. Non-reinforced rubber tubing consumption peaked at $ in 2007; however, from 2008 to , consumption remained at a lower figure.In value terms, non-reinforced rubber tubing production soared to $
in estimated in export price. In general, production enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2011 when the production volume increased by % against the previous year. Over the period under review, production hit record highs at $ in 2017; however, from 2018 to , production stood at a somewhat lower figure.Consumption
In , non-reinforced rubber tubing consumption in the United Arab Emirates contracted slightly to tons, with a decrease of -% against the previous year's figure. In general, consumption saw a abrupt contraction. Over the period under review, consumption attained the maximum volume at tons in 2007; however, from 2008 to , consumption failed to regain momentum.
The revenue of the non-reinforced rubber tubing market in the United Arab Emirates contracted slightly to $ in , falling 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). Over the period under review, consumption continues to indicate a abrupt decrease. Non-reinforced rubber tubing consumption peaked at $ in 2007; however, from 2008 to , consumption failed to regain momentum.
, non-reinforced rubber tubing consumption in the United Arab Emirates contracted slightly to tons, with a decrease of -% against the previous year's figure. In general, consumption saw a abrupt contraction. Over the period under review, consumption attained the maximum volume at tons in 2007; however, from 2008 to , consumption failed to regain momentum.The revenue of the non-reinforced rubber tubing market in the United Arab Emirates contracted slightly to $
in , falling 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). Over the period under review, consumption continues to indicate a abrupt decrease. Non-reinforced rubber tubing consumption peaked at $ in 2007; however, from 2008 to , consumption failed to regain momentum.Market Forecast
Depressed by shrinking demand for non-reinforced rubber tubing 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
Non-reinforced rubber tubing market in the United Arab Emirates consists almost entirely of imported products.
Trade Balance
The United Arab Emirates remains a net importer of non-reinforced rubber tubing; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
. In , there was a trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
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