Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

UAE is the Largest Global Re-Exporter of Ceramics and the Product's Leading Arab Exporter  Join our daily free Newsletter

MENAFN - Emirates News Agency (WAM) - 17/12/2012

No. of Ratings : 0
Add to Mixx!


 


(MENAFN - Emirates News Agency (WAM)) UAE's foreign trade in Ceramics went up by 45 percent from 2010-2011 and that the UAE was the first globally in the product's re-export levels, owning a 60 percent share of the world's re-exports of Ceramics, According to a study released today by the Ministry of Foreign Trade on the development of the UAE Ceramics Trade.

The UAE was also found to be the foremost Arab exporter of the product, and the second after Turkey in the Middle East and North Africa region.

The study also revealed that Holland was the number one importer of UAE ceramics in 2011, with a 13.2 percent share of the country's overall exports of the product during the same year, followed by France at second place, then Britain, Belgium and Lebanon in consecutive order.

The study pointed out that the UAE is one of the world's advanced countries in the ceramics industry and owns the world's largest ceramics factories and that due to the country's rapid growth during the same period, also witnessed a 10.2 percent growth in its imports of the commodity during the same period, in which China was the foremost supplier of UAE ceramics imports in 2011.

The study also underlined the importance of intensifying the participation in ceramics manufacturing and construction specialized fairs and expos, which tend to have a direct impact and help factories achieve geographic expansion and increase the country's exports of the manufactured product.

Structural Changes The study's introduction also pointed out that the UAE's non-oil economic sectors are still witnessing big developments and are achieving high growth rates in comparison with previous years. Of the most important sectors that have contributed to this growth, the study said, was the construction and manufacturing sectors, adding that the construction GDP grew by 8.9 percent from 2010 - 2011 with a value that exceeded AED 131.2 billion in current prices. It also added that the manufacturing GDP grew by AED 99.4 billion (7.7 percent) during the same period. Both growths have contributed, it added, to positively affecting related industries such as the Ceramics industry.

The First in the Arab World The study also revealed that when comparing UAE Ceramics imports and exports data with that of regional and Arab countries, the UAE came in first place among Arab countries and the 2nd regionally after Turkey in this regard in 2011, keeping in mind the monumental developments that the UAE's ceramics industry witnessed with the presence of the Ras Al Khaimah Ceramics Factory, which is the largest such factory in the world.

Growth Rates The study highlighted the UAE's Ceramics foreign trade achievement of considerable advances over the past few years, forecasting that growth will continue into the future, pointing out that the sector grew by 45 percent to USD 1.224 billion from 2010-2011, adding that exports and re-exports constituted around 61.3 percent of the total UAE foreign trade of ceramics in 2011.

As for the country's ceramics exports, the UAE was able to achieve a 15 percent growth that was valued to be about USD 253.5 million. As for re-exports, the country achieved an unprecedented growth of around155.3 percent from 2010 - 2011 to reach USD 497.2 million (equivalent to over AED 1.8 billion) thus coming in first place through possessing a 60 percent share of the world's re-exports of the product. As for its imports, the study revealed that the UAE achieved a 10.2 percent growth to USD 472.2 million during the same period.

Export Destinations With regards to the markets importing the most of UAE ceramics exports, the study revealed that Holland came in first place with a 13.2 percent share of the country's overall exports of the product, followed by France, Britain, Belgium and Lebanon in consecutive order. It also pointed out that Italy and India joined the list of most important countries receiving UAE ceramics exports in 2011, with 5 European countries now in the ten country list of the most important countries receiving UAE ceramics in 2011.

Re-exports As to the most significant countries receiving ceramics re-exports from the UAE in 2011, Ethiopia came in first followed by Iran, Oman, Saudi Arabia, Kenya and Iraq in consecutive order.

Suppliers to the UAE The study revealed that China is considered the largest ceramics supplier to the UAE, with a 41.1 percent share of the country's ceramics imports in 2011 followed by Italy (10.5 percent), Spain (8.7 percent) and India (5.4 percent) with all of these countries combined constituting a 65.7 percent share of the country's total ceramics imports during that year.

Global Indicators With regards to the global ceramics trade, the study revealed that global ceramics imports have exceeded USD 43 billion dollars in 2011, achieving an 8.2 percent growth from 2010.

As to the world's largest ceramics exporters, it revealed that China, Italy, Germany and Spain were the world's leaders in this regard from 2007 - 2011, together owning a 59 percent share of the world's total ceramics exports in 2011, with China being the world's largest ceramics exporter with a 31.5 percent share of the world's products' exports during the same year.

Moreover, the U.S.A. was found to be the world's largest importer of ceramics with a 13 percent share of the world's imports of the product in 2011. America, Germany, France, the U.K., Japan, Russia, South Korea, Italy, Canada and Belgium were of the world's foremost importers of Ceramics from 2007 - 2011. Together, these countries owned a 45.6 percent share of the total value of global Ceramics imports in 2011.

 






  MENA News Headlines
Apr 23 2014Omantel launches service package for youth ,MENAFN
(MENAFN) Omantel announced launching 'Ozone' plan, a new package designed especially for the youth. This comes with the company"s constant efforts to enhance the communication needs of its customers, ...

Apr 23 2014Dh154 billion for Arabtec projects ,Khaleej Times
(MENAFN - Khaleej Times) Arabtec will spend dh140 billion on building one million low-cost houses in egypt and dh14 billion on five mixed-use residential projects in abu dhabi and dubai its chief ...

Apr 23 2014?Titli? makers excited about Cannes selection ,Khaleej Times
(MENAFN - Khaleej Times) The movie about the badlands of delhi?s dystopic underbelly will be in competition as part of the un certain regard section of the 67th cannes film gala to be held may ...

Apr 23 2014Saudi- Yaroub Bashraheel: In search of peace ... underwater ,Arab News
(MENAFN - Arab News) You've heard of diving snorkeling and other water activities but rarely has anyone heard of free-diving. it's a form of diving underwater without the aid of any breathing ...

Apr 23 2014Saudi- Schneider highlights intelligent health care solutions at forum ,Arab News
(MENAFN - Arab News) Schneider electric a global specialist in energy management is set to showcase its leadership in intelligent health care solutions at the second saudi forum for planning and ...

Apr 23 2014Saudi- Divorcees can seek housing ,Arab News
(MENAFN - Arab News) The kingdom will accept applications from saudi divorced women and widows for financial and housing support said justice minister muhammad al-issa.al-issa called on applicants ...

Apr 23 2014Saudi- New passport office opens at Red Sea Mall ,Arab News
(MENAFN - Arab News) The passport department has opened a new office for citizens and residents at the red sea mall.gen. abdul rahman bin abdullah al-tuwairki deputy director general of the ...

Apr 23 2014Kowait- Police deportation powers curbed ,Arab Times
(MENAFN - Arab Times) Kuwait city april 3 (afp): kuwaiti police will no longer be able to deport expatriates without interior ministry approval under new rules published thursday after officers ...

Apr 23 2014Kowait- Amiri Diwan urges all off tape case ,Arab Times
(MENAFN - Arab Times)  kuwait city april 9 (agencies): the amiri diwan has called on everybody to steer clear of the controversial tape issue and let the public prosecution take the necessary ...

Apr 23 2014Saudi Savola Group revenue up 43 pct in Q1 ,MENAFN
(MENAFN) Saudi Arabia's Savola Group registered a 43 percent increase in profits in the first quarter, well over expectations of analysts, Arabian Business reported. According to a statement to ...

Apr 23 2014Dewa and GE explore collaboration opportunities ,Khaleej Times
(MENAFN - Khaleej Times) Saeed mohammed al tayer managing director and chief executive officer of the dubai electricity and water authority (dewa) recently received a ge delegation to explore ...

Apr 23 2014Local international companies come out in force ,Khaleej Times
(MENAFN - Khaleej Times) Cityscape abu dhabi has started showing stronger interest from property developers who have showcased their upcoming projects. the three-day realty show was opened by ...

Apr 23 2014Sale of Gate Towers penthouses launched ,Khaleej Times
(MENAFN - Khaleej Times) Aldar properties has launched the sale of 21 exclusive duplex penthouse apartments at gate towers the penthouse collection in shams abu dhabi on al reem island. one of ...

Apr 23 2014Kowait- New hospital to be ready by 2014 end ,Arab Times
(MENAFN - Arab Times) Kuwait city jan 14 (kuna): director of the 'mega projects 3' group at kuwait oil company (koc) yaqoub dashti said on tuesday that the new ahmadi hospital would be ready to ...

Apr 23 2014Seven tied for the lead in chess championships ,Khaleej Times
(MENAFN - Khaleej Times) Former champion sukandar grabs lead of asian continental women?s chess. former asian women’s champion wgm irene sukandar of indonesia (left) beat wim ni shiqun ...

Apr 23 2014Two suspects held for robbing pedestrians in Sharjah ,Khaleej Times
(MENAFN - Khaleej Times) The sharjah police on tuesday arrested two stateless citizens for allegedly robbing many persons posing as criminal investigation department (cid) officers. the suspects ...

Apr 23 2014Thousands of Emirati job-seekers flock to career fair ,Khaleej Times
(MENAFN - Khaleej Times) 160 companies at fair organised for uae nationals a career fair brought together thousands of emirati job seekers and recruiters on its first day. shaikh maktoum bin ...

Apr 23 2014ADCB profit grows 26% in first quarter ,Khaleej Times
(MENAFN - Khaleej Times) Abu dhabi commercial bank?s profit grew 26 per cent in the first quarter of the year to dh1. however net profit rose 22 per cent year-on-year. non-interest income was 24 ...

Apr 23 2014China emerges as Algeria's largest trade partner in Q1 ,MENAFN
(MENAFN) Official data show that China has emerged as Algeria's largest supplier of goods in the first quarter of this year, Xinhua reported. The National Center for Information and Statistics in ...

Apr 23 2014UAE- Dewa and GE explore collaboration opportunities ,Khaleej Times
(MENAFN - Khaleej Times) Saeed mohammed al tayer managing director and chief executive officer of the dubai electricity and water authority (dewa) recently received a ge delegation to explore ...

more...


 
Live Currency Rates






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help