United Arab Emirates: Anti-Freezing Preparations Market 2024

Anti-Freezing Preparations Market Size in the United Arab Emirates

In 2021, the anti-freezing preparations market in the United Arab Emirates increased by 32% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption posted a buoyant increase. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the immediate term.

Anti-Freezing Preparations Production in the United Arab Emirates

In value terms, anti-freezing preparations production expanded significantly to $X in 2021 estimated in export price. Over the period under review, production recorded a strong increase. The pace of growth appeared the most rapid in 2015 when the production volume increased by 133% against the previous year. Anti-freezing preparations production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Anti-Freezing Preparations Exports

Exports from the United Arab Emirates

In 2021, the amount of anti-freezing preparations and prepared de-icing fluids exported from the United Arab Emirates totaled X tons, remaining constant against the previous year's figure. Overall, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of 48% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, anti-freezing preparations exports totaled $X in 2021. Over the period under review, exports saw a buoyant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 61%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Oman (X tons), Madagascar (X tons) and Saudi Arabia (X tons) were the main destinations of anti-freezing preparations exports from the United Arab Emirates, with a combined 62% share of total exports. These countries were followed by Canada, Kuwait, Pakistan, Ethiopia, Lebanon, Senegal, Nepal and South Africa, which together accounted for a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +65.2%), while the other leaders experienced more modest paces of growth.

In value terms, Oman ($X), Saudi Arabia ($X) and Kuwait ($X) constituted the largest markets for anti-freezing preparations exported from the United Arab Emirates worldwide, with a combined 60% share of total exports. These countries were followed by Madagascar, Pakistan, Canada, South Africa, Nepal, Ethiopia, Lebanon and Senegal, which together accounted for a further 22%.

Canada, with a CAGR of +68.1%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average anti-freezing preparations export price stood at $X per ton in 2021, approximately reflecting the previous year. In general, the export price continues to indicate a mild shrinkage. The pace of growth was the most pronounced in 2017 an increase of 32%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Kuwait ($X per ton), while the average price for exports to Senegal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Anti-Freezing Preparations Imports

Imports into the United Arab Emirates

For the third consecutive year, the United Arab Emirates recorded growth in overseas purchases of anti-freezing preparations and prepared de-icing fluids, which increased by 97% to X tons in 2021. Overall, imports enjoyed prominent growth. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, anti-freezing preparations imports surged to $X in 2021. Over the period under review, imports showed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Japan (X tons) and the United States (X tons) were the main suppliers of anti-freezing preparations imports to the United Arab Emirates, with a combined 39% share of total imports. These countries were followed by Thailand, Belgium, Oman, South Korea, the Netherlands and Saudi Arabia, which together accounted for a further 21%.

From 2012 to 2021, the biggest increases were recorded for Oman (with a CAGR of +84.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Japan ($X) and the United States ($X) constituted the largest anti-freezing preparations suppliers to the United Arab Emirates, with a combined 42% share of total imports. Oman, Thailand, Belgium, South Korea, the Netherlands and Saudi Arabia lagged somewhat behind, together accounting for a further 17%.

Oman, with a CAGR of +83.3%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average anti-freezing preparations import price stood at $X per ton in 2021, increasing by 7.1% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 29%. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+39.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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