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Experts and leaders of companies specializing in the aluminum industry have confirmed that the UAE maintains its global position as the world's fourth largest primary aluminum plant and largest plant in the Arabian Gulf and region. overall, because of the country's long history and long-term strategy in this vital sector.
They added that despite the crisis in global and regional markets, the UAE has managed to maintain its production and export rates and open new markets globally, noting that the expertise of their factories has strengthened their vision of aluminum demand in the UAE and Overseas markets.
Experts and officials have expressed optimism about the 10% growth of the UAE aluminum industry in 2019, as demand in the local market will improve from made the pursuit of government projects, including Expo 2020 Dubai and other projects, as well as the growing global demand for high quality UAE aluminum. In many markets, particularly in Asia and Africa.
Khalfan Al Suwaidi, managing director of Emirates Extrusions, a wholly-owned subsidiary of Dubai Investments, said: "Specialized estimates indicate that the UAE aluminum market ranges from 220,000 to 240,000 tonnes per year. , with investments exceeding 6 billion dirhams. Establishment and operation ".
He added that it is estimated that the volume of domestic consumption of aluminum varies between 55,000 and 77,000 tons per year, while the rest of domestic production is exported to a number of foreign markets .
"With the beginning of 2019, oil production has increased, which means that the UAE's real GDP will increase and the possibility of recording a 3.4% growth in 2019, compared to 2.8% in 2019 ", did he declare. 2018, according to statistics from the IIF. We are also approaching Expo 2020 in Dubai and the concomitant acceleration of the pace of construction in Dubai, which will benefit the aluminum sector, which is closely linked to the real estate development sector.
In addition, the aluminum and extrusion industry does not only depend on the local economy, but 50% in North Africa, Egypt, Lebanon, the countries region and in the African sub-continent in general. So I expect a growth of 12.8% per year. 2020. The Emirates Extrusions plant growth rate, which is targeted or expected in 2019, is expected to reach 15%. "
Strategy of the industry
"The UAE aluminum industry is one of the largest non-oil industrial sectors on which the country has worked as part of its economic diversification plan. transportation, aerospace, aviation and packaging industries, "said Mudar Al-Miqdad, managing partner at Hewick Middle East. The aluminum sector has helped to strengthen the reputation and competitiveness of the national economy in regional markets. "
In just a few years, the country has become a key player in the aluminum map, ranking fourth among the world's largest producers, after China, Russia and Canada, ahead of several major industrialized countries.
Al-Miqdad pointed out that the UAE had been able, thanks to an attractive investment environment and modern infrastructure, to pave the way for the emergence and development of the industry. aluminum and the preparation of all production elements, facilitating the import of raw materials through its geographical position in the heart of the world and attract the best specialized cadres The world is powered by respectful clean energy of the environment, adopting unprecedented global technological innovations and high-quality manufacturing, which has facilitated the access of approximately 87.5% of UAE production to more than 60 global markets.
"The UAE's aluminum industry is increasingly contributing to the UAE's successful efforts to diversify their economic base away from oil and gas," said Mekdad. State investment in the aluminum sector is expected to reach 18.4 billion AED by 2020, with a production capacity of 2.7 million metric tons. by 2020, given the many advantages and capacities that allow it to position itself competitively at the regional and international levels. "
Al Mekdad explained that growing demand in major international markets such as China, Asia, North America, Latin America, Eastern Europe and the Middle East contributes to the optimistic growth of aluminum demand and that the UAE market is one of the most important emerging markets, due to the tremendous growth opportunities offered. by the local market. The global aluminum market is expected to double over the next 10 years, with huge projects worth billions of dollars. The UAE should play an active role in the growth of the market, which is expected to grow by 10%. % Per year.
He added: "80% of the aluminum supplied by the region to construction work, while the consumption volume of the domestic aluminum market annually, currently standing between 180 and 200,000 metric tons" .
The aluminum industry reportedly contributed 20 billion AED, or 1.4% of the UAE's GDP, in 2017.
He added that VAT did not affect the UAE's competitive position in the aluminum industry at the regional and global levels, as UAE markets were able to gradually adapt to the tax, which lowest taxes imposed on the world.
The largest non-oil industry
Mahmoud Al-Dulaimi, secretary-general of the Gulf Council of Aluminum, said the UAE accounted for about 50 percent of the Gulf's primary aluminum production, which exceeded 5.33 million tons per year, while Gulf production accounted for 10% of global aluminum production. He added that the UAE is behind the creation of the Dubai-based Gulf Aluminum Council, intended to become the spokesperson for the global Gulf industry and employ it to further develop partnerships with industry players.
Al Dulaimi added that the United Arab Emirates had developed the world's largest non-oil industry of efficiency and quality. The UAE's aluminum products are now exported to a hundred or so markets worldwide, noting that the country is continuing its efforts to strengthen its position in the Gulf and the global industry by increasing its investments in the United Arab Emirates. local and overseas industry, access to raw materials and export to the world, where the state has completed the expansion of its local factories and modernized its production of about 5 billion dollars , like the bauxite refinery of Abu Dhabi, to name a few.
Al Dulaimi pointed out that the UAE's aluminum industry continues to grow to outperform the imported product and that its foreign markets are growing, and that the UAE is now benefiting from the development of its own technology in The world's aluminum industry, through spending on specialized research and development centers, has described the UAE as exporting some of its products to Gulf countries such as Bahrain.
"The UAE aluminum industry needs to localize the badociated technology and knowledge, as well as continue efforts to raise the level of quality to an unprecedented level at the global level, improve the efficiency of the production and secure raw materials, and enable recycling-related manufacturing processes in general, "said Dulaimi.
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