The import of clear drawn glass in sheets to the UAE experienced fluctuations over the years, with a peak in 2016 at 7.6916 million kilograms, then a notable drop in 2017, followed by varied year-on-year changes. As of 2023, the volume stands at 5.0887 million kilograms, showing a -2.32% decrease from 2022 and an average annual decline (CAGR) of -3.83% over the last five years. Forecasts indicate a continued gradual decline with volumes expected to decrease to 4.4587 million kilograms by 2028, reflecting a compound annual growth rate (CAGR) of -2.09%, equating to a total decline of -10.04% over this period.
Future trends to watch for:
- Technological advancements in glass manufacturing might impact import dynamics.
- Changes in construction and infrastructural projects in the UAE could significantly influence demand.
- Economic factors and trade policies might alter import rates and volumes.