The import of electronic printed circuits to the UAE has shown significant fluctuations over the last decade. Starting from 25.45 thousand kilograms in 2013, imports surged in 2014, recording a 454.07% increase. Despite a subsequent drop in 2015 and 2016, the trend turned positive again in 2017 and 2018, with increases of 27.6% and 46.75%, respectively. After a slight downturn in 2019 and 2020, imports rebounded in 2021 and 2022. In 2023, imports stood at 243.61 thousand kilograms, showing a moderate 3% year-on-year growth. The last five years witnessed a Compound Annual Growth Rate (CAGR) of 1.04%.
Future forecasts up to 2028 indicate a steady increase, with a predicted CAGR of 2.23% and overall growth of 11.65%. The data suggest a gradual uptrend in imports driven by the forecasted continuous growth over the next five years.
Future trends to watch for:
- Technological advancements prompting increased demand for electronic printed circuits.
- Trade regulations and policies influencing import volumes.
- The impact of geopolitical factors and economic conditions on the electronics market.
- Developments in local manufacturing capabilities which may affect import dependency.