The import of glass and glassware to the UAE is forecasted to decline over the next five years, from $684.94 million in 2024 to $651.15 million in 2028. Comparatively, the import value stood at $710.24 million in 2023. The year-on-year variation indicates a gradual decrease, with a decline of approximately 1.27% from 2024 to 2025, 1.26% from 2025 to 2026, 1.25% from 2026 to 2027, and 1.24% from 2027 to 2028. The compounded annual growth rate (CAGR) over this five-year period reflects an average annual decrease of roughly 1.22%.
Future trends to watch for include potential fluctuations in global glassware demand, changes in trade policies, advancements in domestic glass production capabilities, and the impact of economic factors such as currency exchange rates and inflation on import prices.
