Forecast: Import of Electrical and Electronic Equipment to the UAE

Year Import Value (Billion US Dollars) Year-on-Year Variation (%) CAGR (%)
2013 13.001 -56.47 -1.89
2014 16.238 24.9
2015 18.266 12.49
2016 18.741 2.6
2017 45.362 142.05 8.72
2018 34.008 -25.03 21.21
2019 36.188 6.41 17.38
2020 30.792 -14.91 11.01
2021 37.991 23.38 15.18
2022 38.866 2.3 -3.04
2023 39.723 2.21 3.16
2028 44.201 1.68

From the peak of 45.362 Billion USD in 2017, import of electrical and electronic equipment saw fluctuating trends with significant dips in 2018 and 2020. While there has been steady growth from 2021 to 2024, the forecasted CAGR for the next 5 years is 1.68%, indicating modest growth.

Future Trends to Watch

Key trends include technology advancements, government policies favoring local manufacturing, and potential economic fluctuations. Monitoring these factors can impact future import values significantly.

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