United Arab Emirates: Market for Activated Natural Mineral Products 2024

Market Size for Activated Natural Mineral Products in the United Arab Emirates

After two years of growth, the activated natural mineral products market in the United Arab Emirates decreased by -13.3% to $X in 2021. Over the period under review, the total consumption indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +14.5% against 2018 indices. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Exports of Activated Natural Mineral Products

Exports from the United Arab Emirates

After two years of decline, overseas shipments of activated natural mineral products increased by 148% to X tons in 2021. Over the period under review, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of 159% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, activated natural mineral products exports soared to $X in 2021. Overall, exports posted a temperate expansion. The pace of growth appeared the most rapid in 2017 with an increase of 255%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Oman (X tons) was the main destination for activated natural mineral products exports from the United Arab Emirates, with a 70% share of total exports. Moreover, activated natural mineral products exports to Oman exceeded the volume sent to the second major destination, Malaysia (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume to Oman amounted to +10.6%.

In value terms, Oman ($X) emerged as the key foreign market for activated natural mineral products exports from the United Arab Emirates, comprising 75% of total exports. The second position in the ranking was taken by Malaysia ($X), with an 11% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Oman amounted to +5.6%.

Export Prices by Country

In 2021, the average activated natural mineral products export price amounted to $X per ton, falling by -32% against the previous year. In general, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 49% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to Malaysia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+39.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Activated Natural Mineral Products

Imports into the United Arab Emirates

In 2021, purchases abroad of activated natural mineral products increased by 0.7% to X tons, rising for the second consecutive year after two years of decline. In general, total imports indicated a noticeable increase from 2012 to 2021: its volume increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +28.9% against 2019 indices. The pace of growth appeared the most rapid in 2017 when imports increased by 30% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, activated natural mineral products imports dropped to $X in 2021. Over the period under review, total imports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +28.9% against 2017 indices. The pace of growth appeared the most rapid in 2019 when imports increased by 16% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020, and then shrank in the following year.

Imports by Country

India (X tons), Spain (X tons) and China (X tons) were the main suppliers of activated natural mineral products imports to the United Arab Emirates, with a combined 48% share of total imports. South Korea, Germany, Japan, Turkey and Italy lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +66.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), South Korea ($X) and Spain ($X) were the largest activated natural mineral products suppliers to the United Arab Emirates, with a combined 44% share of total imports. These countries were followed by Italy, Japan, Germany, China and Turkey, which together accounted for a further 26%.

In terms of the main suppliers, Japan, with a CAGR of +81.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average activated natural mineral products import price stood at $X per ton in 2021, waning by -6.3% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 50% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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