Changes in inventories in the United Arab Emirates have shown significant fluctuations over the past decade. Remarkable growth was observed between 2013 and 2014, followed by a notable dip and resurgence in 2017 and 2018. The inventory value reached 21.187 billion USD in 2023. Over the last two years, there was a steady increase: a rise of 21.99% in 2022 and a further 13.61% in 2023. The five-year CAGR leading up to 2023 reflects a slight decline at -4.1%. Forecasts from 2024 to 2028 predict moderate, stable growth, with a forecasted 5-year CAGR of 2.09%.
Future trends to watch for include:
- Continued increase in inventory values, projected to rise to 24.169 billion USD by 2028.
- Potential impacts of geopolitical and economic fluctuations on inventory levels.
- Changes in demand due to technological advancements and shifts in market dynamics.
- Influence of global supply chain strategies and local economic policies on inventory management.
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