In 2023, the UAE imported 1.6011 million kilograms of office equipment of base metal. This volume is set to decrease steadily over the forecast period from 2024 to 2028. By 2025, the volume is anticipated to drop by approximately 11.83% to 1.4115 million kilograms. Continuing this downward trend, the imports are expected to decline by 13.14% in 2026, reaching 1.2257 million kilograms. In 2027, a decrease of 14.86% is projected, bringing the volume down to 1.0436 million kilograms. By 2028, the import volume is forecasted to further reduce by 17.07% to 0.86513 million kilograms. Over the entire five-year period, the compound annual growth rate (CAGR) suggests an average annual decline of approximately 13.59%.
Future trends to watch for:
- Advancements in local manufacturing capabilities that could reduce reliance on imports.
- Technological innovations that might alter the demand for traditional office equipment made of base metal.
- Policy changes or trade agreements that could impact import volumes.
- Shifts towards sustainable materials which might decrease the demand for base metal office equipment.
