Forecast: Import of Laboratory Electric Furnaces and Ovens to the UAE

The import of laboratory electric furnaces and ovens to the UAE has been on a declining trend from a volume standpoint, from 2024's forecasted value of 261.75 thousand kilograms, down to 234.01 thousand kilograms in 2028. The year-on-year variations, starting from 2024, show decreases of approximately -2.73% in 2025, -2.74% in 2026, -2.77% in 2027, and -2.80% in 2028. These consistent declines allude to an average CAGR decrease of around -2.76% per year over the forecasted period.

Future trends to watch for include technological advancements in laboratory equipment, which might reduce the need for imports or shift demand towards more efficient models, as well as potential trade policy changes that could impact import volumes.