From 2013 to 2023, the import of medical, surgical, or laboratory sterilizers to the UAE fluctuated substantially, with values ranging from $22.472 million in 2013 to $15.333 million in 2023. This period saw an overall downward trend, especially notable between 2014 and 2015, which experienced a significant drop of 34.5% year-on-year. During the last two years, imports decreased modestly by around 2.35% annually. The Compound Annual Growth Rate (CAGR) over the last five years is -3.36%, highlighting a steady decline.
Future trends to watch for include:
• Continued decrease in import values with a forecasted CAGR of -2.14% from 2024 to 2028.
• An overall reduction of 10.25% in import values by 2028, which may prompt the UAE to reconsider domestic production capabilities or alternative supply chains.
• The impact of technological advancements in sterilizers that might influence import needs and unit costs.
