Aluminium Tube Market in the United Arab Emirates
Market Overview
In 
, the aluminium tube market in the United Arab Emirates was finally on the rise to reach $ for the first time since 2019, thus ending a two-year declining trend. Overall, consumption recorded a relatively flat trend pattern. Aluminium tube consumption peaked at $ in 2009; however, from 2010 to , consumption failed to regain momentum.
In value terms, aluminium tube production rose rapidly to $ in estimated in export price. In general, production saw a resilient expansion. The most prominent rate of growth was recorded in 2011 with an increase of %. As a result, production attained the peak level of $. From 2012 to , production growth remained at a lower figure.
, the aluminium tube market in the United Arab Emirates was finally on the rise to reach $ for the first time since 2019, thus ending a two-year declining trend. Overall, consumption recorded a relatively flat trend pattern. Aluminium tube consumption peaked at $ in 2009; however, from 2010 to , consumption failed to regain momentum.In value terms, aluminium tube production rose rapidly to $
in estimated in export price. In general, production saw a resilient expansion. The most prominent rate of growth was recorded in 2011 with an increase of %. As a result, production attained the peak level of $. From 2012 to , production growth remained at a lower figure.Consumption
In , consumption of aluminium tubes, pipes and tube or pipe fittings in the United Arab Emirates expanded sharply to tons, picking up by % against . Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak volume of tons. From 2013 to , the growth of the consumption failed to regain momentum.
The value of the aluminium tube market in the United Arab Emirates soared to $ in , surging 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 recorded a relatively flat trend pattern. Aluminium tube consumption peaked at $ in 2009; however, from 2010 to , consumption stood at a somewhat lower figure.
, consumption of aluminium tubes, pipes and tube or pipe fittings in the United Arab Emirates expanded sharply to tons, picking up by % against . Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak volume of tons. From 2013 to , the growth of the consumption failed to regain momentum.The value of the aluminium tube market in the United Arab Emirates soared to $
in , surging 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 recorded a relatively flat trend pattern. Aluminium tube consumption peaked at $ in 2009; however, from 2010 to , consumption stood at a somewhat lower figure.Market Forecast
Driven by rising demand for aluminium tube in the United Arab Emirates, the market is expected to start an upward consumption trend over the next eight-year period. The performance of the market is forecast to increase slightly, 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
Aluminium tube 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 exporter of aluminium tube; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a trade surplus 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 surplus 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.
Download XLSX
Download all the data in the form of a report