The import of Monolithic Integrated Circuits, Except Digital to the UAE stood at 730.00 Thousand Kilograms in 2023. The forecasted data from 2024 shows a consistent decline over the years. From 2024 to 2025, there is an expected year-on-year reduction of 11.59%. The decline continues with 12.85% from 2025 to 2026, 14.44% from 2026 to 2027, and 16.58% from 2027 to 2028. Over the five-year period from 2024 to 2028, the Compound Annual Growth Rate (CAGR) reflects an average annual reduction of around 11.92%.
Future trends to watch for include technological advancements potentially leading to shifts in demand for certain types of integrated circuits, global supply chain changes, and increased focus on local production capabilities within the UAE to reduce dependency on imports.
