United Arab Emirates - Aramids Staple - Market Analysis, Forecast, Size, Trends and Insights
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View PricingUnited Arab Emirates: Aramids Staple Market 2024
Aramids Staple Market Size in the United Arab Emirates
The aramids staple market in the United Arab Emirates reduced markedly to $X in 2021, which is down by -19.6% against the previous year. Overall, consumption continues to indicate a abrupt descent. Aramids staple consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.
Aramids Staple Production in the United Arab Emirates
In value terms, aramids staple production amounted to $X in 2021 estimated in export price. Over the period under review, production showed a perceptible curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 4.2%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.
Aramids Staple Exports
Exports from the United Arab Emirates
For the tenth year in a row, the United Arab Emirates recorded growth in shipments abroad of aramids staple, which increased by 17% to X tons in 2021. Over the period under review, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 40% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.
In value terms, aramids staple exports expanded sharply to $X in 2021. In general, exports showed prominent growth. The most prominent rate of growth was recorded in 2013 when exports increased by 29% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.
Exports by Country
India (X tons) was the main destination for aramids staple exports from the United Arab Emirates, with a 83% share of total exports. Moreover, aramids staple exports to India exceeded the volume sent to the second major destination, Saudi Arabia (X kg), fivefold.
From 2012 to 2021, the average annual rate of growth in terms of volume to India totaled +19.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+29.7% per year) and Oman (-2.5% per year).
In value terms, Oman ($X) remains the key foreign market for aramids staple exports from the United Arab Emirates, comprising 69% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 22% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Oman amounted to +31.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+18.8% per year) and India (-11.9% per year).
Export Prices by Country
The average aramids staple export price stood at $X per ton in 2021, with a decrease of -5% against the previous year. Over the period under review, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 a decrease of -5%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Oman ($X per ton), while the average price for exports to India ($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 Oman (+34.8%), while the prices for the other major destinations experienced a decline.
Aramids Staple Imports
Imports into the United Arab Emirates
In 2021, purchases abroad of aramids staple was finally on the rise to reach X kg after four years of decline. In general, imports, however, saw a significant contraction. The pace of growth was the most pronounced in 2016 with an increase of 401%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.
In value terms, aramids staple imports surged to $X in 2021. Over the period under review, imports, however, recorded a noticeable decrease. The growth pace was the most rapid in 2016 with an increase of 197%. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.
Imports by Country
China (X kg) and Thailand (X kg) were the main suppliers of aramids staple imports to the United Arab Emirates.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of 0.0%).
In value terms, China ($X) and Thailand ($X) constituted the largest aramids staple suppliers to the United Arab Emirates.
In terms of the main suppliers, Thailand, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review.
Import Prices by Country
In 2021, the average aramids staple import price amounted to $X per ton, reducing by -55.9% against the previous year. Over the period under review, the import price, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2019 an increase of 155%. The import price peaked at $X per ton in 2020, and then declined remarkably in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Thailand ($X per ton), while the price for China stood at $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+69.7%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the aramids staple market in the United Arab Emirates. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20601110 - Aramids staple, not carded, combed or otherwise processed for spinning
Country coverage:
- United Arab Emirates
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the United Arab Emirates
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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