Forecast: Import of Thread Rolling Machines for Working Metal to the UAE

The import of thread rolling machines for working metal to the UAE stood at 588.91 thousand US dollars in 2023. Over the past decade, the import values have shown considerable fluctuations. From 2013 to 2015, there was a marked increase. However, from 2016 to 2020, import values saw a declining trend with intermittent increases. The CAGR over the last five years is minimally positive at 0.54%, indicating a relatively stable though slightly fluctuating market. For 2022-2023, there's a minor decline of 1.31% in the year-on-year import value.

Future trends to watch for include:

  • A forecasted steady decline with a 5-year CAGR of -1.13%.
  • Continuous gradual decrease expected until 2028 with import values predicted to fall to 548.22 thousand US dollars.
  • Potential impacts of technological advancements and changes in local manufacturing capacities on import needs.

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