United Arab Emirates: Hot-Dipped Metal-Coated Sheet Market 2024

Hot-Dipped Metal-Coated Sheet Market Size in the United Arab Emirates

The hot-dipped metal-coated sheet market in the United Arab Emirates skyrocketed to $X in 2022, increasing by X% against the previous year. In general, consumption continues to indicate a prominent increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Hot-Dipped Metal-Coated Sheet Production in the United Arab Emirates

In value terms, hot-dipped metal-coated sheet production expanded slightly to $X in 2022 estimated in export price. Overall, production enjoyed a significant expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Hot-dipped metal-coated sheet production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Hot-Dipped Metal-Coated Sheet Exports

Exports from the United Arab Emirates

In 2022, shipments abroad of hot-dipped metal-coated sheet decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, hot-dipped metal-coated sheet exports rose notably to $X in 2022. Overall, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Saudi Arabia (X tons), the United States (X tons) and Kuwait (X tons) were the main destinations of hot-dipped metal-coated sheet exports from the United Arab Emirates, with a combined X% share of total exports. Egypt, Jordan, Canada, Mauritania, Italy, Oman, Democratic Republic of the Congo, Bahrain, Belgium and Iran lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mauritania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), the United States ($X) and Kuwait ($X) were the largest markets for hot-dipped metal-coated sheet exported from the United Arab Emirates worldwide, together accounting for X% of total exports. Egypt, Canada, Italy, Jordan, Oman, Democratic Republic of the Congo, Belgium, Bahrain, Mauritania and Iran lagged somewhat behind, together comprising a further X%.

Mauritania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average hot-dipped metal-coated sheet export price amounted to $X per ton, growing by X% against the previous year. In general, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hot-dipped metal-coated sheet export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hot-Dipped Metal-Coated Sheet Imports

Imports into the United Arab Emirates

In 2022, overseas purchases of hot-dipped metal-coated sheet increased by X% to X tons, rising for the second year in a row after five years of decline. Overall, total imports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, hot-dipped metal-coated sheet imports soared to $X in 2022. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest hot-dipped metal-coated sheet supplier to the United Arab Emirates, with a X% share of total imports. Moreover, hot-dipped metal-coated sheet imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. South Korea (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and South Korea (X% per year).

In value terms, China ($X) constituted the largest supplier of hot-dipped metal-coated sheet to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2022, the average hot-dipped metal-coated sheet import price amounted to $X per ton, picking up by X% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hot-dipped metal-coated sheet import price increased by X% against 2018 indices. The growth pace was the most rapid in 2021 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :