Market for Vulcanised Cellular Rubber Articles in the United Arab Emirates
Market Overview
In 
, the vulcanised cellular rubber articles market in the United Arab Emirates decreased by -% to $, falling for the second consecutive year after five years of growth. Overall, consumption continues to indicate a resilient expansion. Over the period under review, the market reached the maximum level at $ in ; however, from to , consumption stood at a somewhat lower figure.
In value terms, vulcanised cellular rubber articles production skyrocketed to $ in estimated in export price. In general, production posted a remarkable increase. The most prominent rate of growth was recorded in with an increase of %. As a result, production reached the peak level of $. From to , production growth remained at a lower figure.
, the vulcanised cellular rubber articles market in the United Arab Emirates decreased by -% to $, falling for the second consecutive year after five years of growth. Overall, consumption continues to indicate a resilient expansion. Over the period under review, the market reached the maximum level at $ in ; however, from to , consumption stood at a somewhat lower figure.In value terms, vulcanised cellular rubber articles production skyrocketed to $
in estimated in export price. In general, production posted a remarkable increase. The most prominent rate of growth was recorded in with an increase of %. As a result, production reached the peak level of $. From to , production growth remained at a lower figure.Consumption
In , vulcanised cellular rubber articles consumption in the United Arab Emirates rose slightly to tons, growing by % on the previous year's figure. Overall, consumption saw notable growth. Over the period under review, consumption reached the maximum volume at tons in ; however, from to , consumption remained at a lower figure.
The value of the vulcanised cellular rubber articles market in the United Arab Emirates contracted slightly to $ in , standing approx. at 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 enjoyed a prominent expansion. Vulcanised cellular rubber articles consumption peaked at $ in ; however, from to , consumption failed to regain momentum.
, vulcanised cellular rubber articles consumption in the United Arab Emirates rose slightly to tons, growing by % on the previous year's figure. Overall, consumption saw notable growth. Over the period under review, consumption reached the maximum volume at tons in ; however, from to , consumption remained at a lower figure.The value of the vulcanised cellular rubber articles market in the United Arab Emirates contracted slightly to $
in , standing approx. at 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 enjoyed a prominent expansion. Vulcanised cellular rubber articles consumption peaked at $ in ; however, from to , consumption failed to regain momentum.Market Forecast
Driven by increasing demand for vulcanised cellular rubber articles for technical uses 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 decelerate, 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
Vulcanised cellular rubber articles market in the United Arab Emirates remained dependent on supplies from foreign countries. In , the share of imports in total consumption was % in value terms and % in physical terms. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.
, the share of imports in total consumption was % in value terms and % in physical terms. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.Trade Balance
The United Arab Emirates remains a net exporter of vulcanised cellular rubber articles; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
Download XLSX
Download all the data in the form of a report