United Arab Emirates: Market for Articles Of Graphite Or Other Carbon For Electrical Purposes 2024

Market Size for Articles Of Graphite Or Other Carbon For Electrical Purposes in the United Arab Emirates

The carbon for electrical purposes market in the United Arab Emirates contracted sharply to $X in 2022, with a decrease of -39.5% against the previous year. Overall, consumption recorded a abrupt decline. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Production of Articles Of Graphite Or Other Carbon For Electrical Purposes in the United Arab Emirates

In value terms, carbon for electrical purposes production fell rapidly to $X in 2022 estimated in export price. Overall, production showed a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of 108% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Exports from the United Arab Emirates

In 2022, approx. X tons of articles of graphite or other carbon for electrical purposes were exported from the United Arab Emirates; with an increase of 77% against 2021. In general, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 269% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, carbon for electrical purposes exports declined significantly to $X in 2022. Overall, exports showed a remarkable increase. The pace of growth appeared the most rapid in 2013 when exports increased by 240%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Mozambique (X tons) was the main destination for carbon for electrical purposes exports from the United Arab Emirates, accounting for a 82% share of total exports. Moreover, carbon for electrical purposes exports to Mozambique exceeded the volume sent to the second major destination, Ireland (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mozambique stood at +62.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+237.0% per year) and Tanzania (+0.9% per year).

In value terms, Ireland ($X) emerged as the key foreign market for articles of graphite or other carbon for electrical purposes exports from the United Arab Emirates, comprising 35% of total exports. The second position in the ranking was held by Mozambique ($X), with a 4.3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Ireland stood at +55.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (+24.3% per year) and Tanzania (+5.8% per year).

Export Prices by Country

The average carbon for electrical purposes export price stood at $X per ton in 2022, dropping by -54.5% against the previous year. Over the period under review, the export price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 158% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to Mozambique ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Imports into the United Arab Emirates

In 2022, overseas purchases of articles of graphite or other carbon for electrical purposes decreased by -49.2% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, imports recorded a abrupt setback. The growth pace was the most rapid in 2019 when imports increased by 57% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, carbon for electrical purposes imports rose significantly to $X in 2022. In general, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2017 when imports increased by 63% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The UK (X tons), China (X tons) and Poland (X tons) were the main suppliers of carbon for electrical purposes imports to the United Arab Emirates, together accounting for 55% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +184.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constituted the largest supplier of articles of graphite or other carbon for electrical purposes to the United Arab Emirates, comprising 24% of total imports. The second position in the ranking was held by the UK ($X), with an 11% share of total imports. It was followed by Bahrain, with a 6.5% share.

From 2012 to 2022, the average annual growth rate of value from Poland amounted to +176.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-4.4% per year) and Bahrain (+36.5% per year).

Import Prices by Country

The average carbon for electrical purposes import price stood at $X per ton in 2022, growing by 119% against the previous year. Overall, the import price showed slight growth. The most prominent rate of growth was recorded in 2017 an increase of 187% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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