Key Market Indicators
The import of metal products in the United Arab Emirates is projected to reach approximately $663 million by 2028, up from around $660 million in 2023. This represents an average annual growth rate of 0.1%. Notably, Emirati demand for metal products has been steadily increasing, with a year-on-year growth rate of 0.2% since 2012. On the export front, the UAE's metal products are forecasted to hit roughly $426 million by 2028, rising from about $409 million in 2023. This translates to a compound annual growth rate (CAGR) of 0.6%. However, the supply side tells a different story; since 2012, Emirati exports of metal products have declined by 1.9% annually.
