The import of electronic integrated circuits and microassemblies to the UAE experienced substantial growth from 2013 to 2023, starting from a low point of 109.68 million USD and peaking at 386.84 million USD in 2017. The value dipped after 2017 but stabilized around 345.68 million USD in 2023. Over the last two years (2022-2023), the year-on-year variation was relatively stable at -0.19%.
Long-term trends indicate significant fluctuations, particularly a notable spike in 2017 followed by a gradual decline. The CAGR over the last five years reflects an average variation of -1.73% per year.
- Year-over-Year (YoY) variation from 2022-2023: -0.19%
- Five-year CAGR (2019-2023): -1.73%
Looking forward, the forecast indicates a slight decline in imports, with a five-year CAGR of -0.16% from 2024 to 2028. This suggests stability but also marginal contraction in the market size.
Future trends to watch for include advancements in technology, shifts in global supply chains, and regional economic policies that could influence import dynamics. The potential adoption of green technology and moves toward local manufacturing could also impact future import volumes.
