From 2013 to 2023, the import of hair preparations to the UAE exhibited significant fluctuations. Values oscillated from $205.28 million in 2013 to $329.77 million in 2023. Notable year-on-year variations include a spike of 46.44% in 2017 and a decline of 13.65% in 2016. The CAGR over the past five years was 1.07%, showing moderate growth. Recently, from 2022 to 2023, import values increased by 1.21%.
Future trends to watch for include:
- Consistent but modest growth, with a forecasted 5-year CAGR of 0.86%.
- Gradual increases in import values, expected to reach $348.27 million by 2028.
- Potential impacts of global supply chain dynamics and UAE's economic policies.
