Metal-Reinforced Rubber Hose Market in the United Arab Emirates
Market Overview
The metal-reinforced rubber hose market in the United Arab Emirates declined modestly to $
in , with a decrease 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). In general, the total consumption indicated a mild increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. Metal-reinforced rubber hose consumption peaked at $ in 2014; however, from 2015 to , consumption stood at a somewhat lower figure.
in , with a decrease 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). In general, the total consumption indicated a mild increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. Metal-reinforced rubber hose consumption peaked at $ in 2014; however, from 2015 to , consumption stood at a somewhat lower figure.Consumption
In , metal-reinforced rubber hose consumption in the United Arab Emirates declined to tons, therefore, remained relatively stable against the previous year. Over the period under review, the total consumption indicated a slight expansion from 2007 to : its volume increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. Over the period under review, consumption hit record highs at tons in 2014; however, from 2015 to , consumption stood at a somewhat lower figure.
The size of the metal-reinforced rubber hose 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). Overall, the total consumption indicated a mild expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. Metal-reinforced rubber hose consumption peaked at $ in 2014; however, from 2015 to , consumption stood at a somewhat lower figure.
, metal-reinforced rubber hose consumption in the United Arab Emirates declined to tons, therefore, remained relatively stable against the previous year. Over the period under review, the total consumption indicated a slight expansion from 2007 to : its volume increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. Over the period under review, consumption hit record highs at tons in 2014; however, from 2015 to , consumption stood at a somewhat lower figure.The size of the metal-reinforced rubber hose 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). Overall, the total consumption indicated a mild expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. Metal-reinforced rubber hose consumption peaked at $ in 2014; however, from 2015 to , consumption stood at a somewhat lower figure.Market Forecast
Driven by increasing demand for rubber hose reinforced with metal in the United Arab Emirates, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase 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 bring the market volume to tons by the end of .In value terms, the market is forecast to increase 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
Metal-reinforced rubber hose market in the United Arab Emirates consists almost entirely of imported products.
Trade Balance
The United Arab Emirates remains a net importer of metal-reinforced rubber hose; 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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