United Arab Emirates: Borates And Perborates Market 2024

Borates And Perborates Market Size in the United Arab Emirates

In 2022, the borates and perborates market in the United Arab Emirates increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption enjoyed significant growth. Borates and perborates consumption peaked in 2022 and is expected to retain growth in years to come.

Borates And Perborates Production in the United Arab Emirates

In value terms, borates and perborates production amounted to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with a decrease of X% against the previous year. Over the period under review, production hit record highs in 2022 and is expected to retain growth in the near future.

Borates And Perborates Exports

Exports from the United Arab Emirates

In 2022, overseas shipments of borates, peroxoborates (perborates) increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, exports showed a modest expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, borates and perborates exports soared to $X in 2022. In general, exports posted a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.

Exports by Country

India (X tons) was the main destination for borates and perborates exports from the United Arab Emirates, with a X% share of total exports. Moreover, borates and perborates exports to India exceeded the volume sent to the second major destination, Bangladesh (X tons), fivefold. Saudi Arabia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to India amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (X% per year) and Saudi Arabia (X% per year).

In value terms, India ($X) remains the key foreign market for borates, peroxoborates (perborates) exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was held by Iraq ($X), with a X% share of total exports. It was followed by Bangladesh, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to India totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (X% per year) and Bangladesh (X% per year).

Export Prices by Country

In 2022, the average borates and perborates export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price posted a prominent increase. The growth pace was the most rapid in 2017 an increase of X%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($X per ton), while the average price for exports to Iran ($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 Bahrain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Borates And Perborates Imports

Imports into the United Arab Emirates

In 2022, supplies from abroad of borates, peroxoborates (perborates) increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports recorded a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, borates and perborates imports skyrocketed to $X in 2022. In general, imports showed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey (X tons), Peru (X tons) and Slovenia (X tons) were the main suppliers of borates and perborates imports to the United Arab Emirates, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest borates and perborates suppliers to the United Arab Emirates were Turkey ($X), Peru ($X) and Slovenia ($X), with a combined X% share of total imports.

In terms of the main suppliers, Turkey, with a CAGR of X.3%, saw the highest growth rate of 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

In 2022, the average borates and perborates import price amounted to $X per ton, surging by X% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, borates and perborates import price increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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