The import of toys, games, and sports requisites to the UAE showed significant fluctuations between 2013 and 2023. The series stood at 1142.5 million USD in 2023. Notable spikes include a sharp increase in 2017 by 91.35%, followed by a decline in 2018 and smaller yet positive growth thereafter. Over the last two years, the import grew moderately, recording a 2.52% rise in 2023. The 5-year compound annual growth rate (CAGR) from 2019 to 2023 is 3.5%.
Future trends to watch for:
- Expected steady growth with a 5-year CAGR forecast of 1.9% from 2024 to 2028.
- Potential influence of global economic conditions, consumer preferences, and technological advancements on import volumes.
- Emergence of sustainable and educational toys potentially driving market dynamics.