Key Market Indicators
The import of Emirati clothing accessories is projected to decline significantly, falling from approximately $819,000 in 2023 to about $458,000 by 2028. This marks an average annual decrease of 9.2%. Since 2012, the demand for these imports in the UAE has been on a downward trend, decreasing by an average of 8.6% each year. In contrast, the export of Emirati clothing accessories is expected to see modest growth. Exports are set to rise from around $876,000 in 2023 to nearly $925,000 by 2028, representing an average annual increase of 0.9%. Despite this growth, Emirati supply has historically been declining, with a 3.2% average yearly decrease since 2012. In 2023, the UAE ranked 15th globally in clothing accessories exports. Poland led the ranking, matching the UAE's export value of approximately $876,000. The Netherlands, Malaysia, and Italy followed closely, taking the second, third, and fourth positions, respectively.
