UAE Cement Market Report 2021

Prior to the COVID-19 hit, the construction activity within the UAE, more specifically Dubai, was forecasted to remain robust, with developments highly correlated to the EXPO 2020. However, following the birth of the global pandemic, the actual under construction projects count remained growing in the year 2020, though the completion of projects and the planned projects was declining, which had a negative impact on the construction activity and cement demand of the year 2021. 
 
The report sheds the light on the Cement Industry, it is directly associated with the trends of the Construction sector, and as showed throughout the report, the Buildings Industry fairs the most within the construction sector. Similarly, due to the positive and direct relationship between the two, the cement industry obtains the majority of its demand from the building and industrial industry in the UAE.
 
It has been observed that cement imports are on average, 95% lower than cement exports, making the UAE a cement exporter, indicating that cement producers in the UAE have a comparative advantage in producing cement. Even though 2021 witnessed a decline in projects and correspondingly, a drop in demand for cement, all signs indicate that starting from the year 2022 the construction and cement market will witness a stable, slow growth rate.

The 103-page report throws light on GCC Economic and Construction Market Overview with focus on UAE Construction Projects and covers in detail Cement Market Overview including Drivers, Challenges, Opportunities, Supply Chain Analysis, Technological Trends, Cement Market Size, Supplier Overview and Future Outlook.