Forecasted data indicates that the import of special purpose ships and vessels to the UAE is projected to gradually increase from 569.55 million USD in 2024 to 642.68 million USD in 2028.
The year-on-year percentage variation is projected to be:
- 2025: 3.3%
- 2026: 3.1%
- 2027: 3.0%
- 2028: 2.9%
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 3.1%.
In 2023, the figures for imports stood at 551.50 million USD. The forecast suggests a consistent upward trend in imports over the next five years.
Future trends to watch for:
- Technological advancements in shipping
- Environmental regulations influencing ship design
- Global trade policies and their impact on maritime trade
- Variations in oil prices affecting shipping operations
