The import of cotton waste to the UAE has shown significant fluctuations over the years. In 2013, the import value was at its peak of 531.71 thousand USD but has seen a general downward trend since, with minor incremental rises in 2014 and 2017. By 2023, the value stood at 312.57 thousand USD, showcasing a steady decline. The year-on-year variation for 2022 and 2023 were -6.55% and -6.87% respectively, reflecting a consistent decrease. The 5-year CAGR from 2018 to 2023 shows an average annual decline of approximately -5.7%. A forecasted decline is also anticipated with a 5-year CAGR of -7.73% from 2024 to 2028, leading to a value of 192.11 thousand USD by 2028.
Future trends to watch for include potential shifts in global cotton waste supply chains, changes in domestic recycling policies, and the adoption of sustainable textiles which could impact demand patterns.