Product Code: ETC205132 | Publication Date: May 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The United Arab Emirates Precious Metals Market is projected to witness mixed growth rate patterns during 2025 to 2029. Beginning strongly at -0.01% in 2025, growth softens to -0.01% in 2029.
The United Arab Emirates (UAE) precious metals market has witnessed substantial growth due to its role as a global trading hub for various precious metals, including gold, silver, platinum, and palladium. The UAE strategic geographic location, well-established infrastructure, and favorable regulations have contributed to its emergence as a key player in the precious metals industry. The market`s expansion is driven by the demand for safe-haven assets, jewelry, industrial applications, and investment opportunities.
The growth of the UAE precious metals market is influenced by several factors. Precious metals, particularly gold and silver, are sought after as safe-haven assets during times of economic uncertainty. The UAE position as a trading hub facilitates the import, export, and distribution of these metals to global markets. Additionally, the demand for precious metals in jewelry, electronics, and various industrial applications further drives market growth.
Despite the positive growth trend, the UAE precious metals market faces certain challenges. Ensuring the authenticity and quality of precious metals is crucial to maintain consumer trust and prevent counterfeiting. Regulatory compliance and adherence to international standards for precious metals trading and refining are essential for the market`s integrity. Addressing concerns related to responsible sourcing, ethical practices, and environmental impacts of mining also remain challenges.
The Covid-19 pandemic had significant effects on the UAE precious metals market. While there was initial disruption due to global supply chain disruptions and market uncertainties, the demand for precious metals as safe-haven assets increased as investors sought stability amidst economic volatility. The market experienced fluctuations in demand from different sectors, including jewelry and industrial applications, but investment demand remained strong as investors sought to diversify their portfolios.
Key players significantly contribute to the UAE precious metals market. Emirates Gold, based in the UAE, is a prominent precious metals refinery that specializes in refining and trading gold and other precious metals. Kaloti Precious Metals, also headquartered in the UAE, is another key player known for its refining, trading, and logistics services in the precious metals industry.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Arab Emirates (UAE) Precious Metals Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Precious Metals Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Precious Metals Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Precious Metals Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Precious Metals Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Precious Metals Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United Arab Emirates (UAE) Precious Metals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Precious Metals Market Trends |
6 United Arab Emirates (UAE) Precious Metals Market, By Types |
6.1 United Arab Emirates (UAE) Precious Metals Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Precious Metals Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Precious Metals Market Revenues & Volume, By Gold, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Precious Metals Market Revenues & Volume, By Silver, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Precious Metals Market Revenues & Volume, By Platinum Group Metals (PGM), 2021-2031F |
6.2 United Arab Emirates (UAE) Precious Metals Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Precious Metals Market Revenues & Volume, By Jewelry, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Precious Metals Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 United Arab Emirates (UAE) Precious Metals Market Revenues & Volume, By Investment, 2021-2031F |
7 United Arab Emirates (UAE) Precious Metals Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Precious Metals Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Precious Metals Market Imports from Major Countries |
8 United Arab Emirates (UAE) Precious Metals Market Key Performance Indicators |
9 United Arab Emirates (UAE) Precious Metals Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Precious Metals Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Precious Metals Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United Arab Emirates (UAE) Precious Metals Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Precious Metals Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Precious Metals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |