United Arab Emirates: Market for Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals 2024

Market Size for Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals in the United Arab Emirates

In 2021, the chloride oxides of metal market in the United Arab Emirates decreased by -19.1% to $X, falling for the fourth year in a row after three years of growth. Overall, consumption, however, enjoyed a moderate expansion. Chloride oxides of metal consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Production of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals in the United Arab Emirates

In value terms, chloride oxides of metal production soared to $X in 2021 estimated in export price. Over the period under review, production, however, showed a perceptible shrinkage. The growth pace was the most rapid in 2015 when the production volume increased by 114%. Chloride oxides of metal production peaked at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Exports of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals

Exports from the United Arab Emirates

In 2021, after three years of decline, there was significant growth in shipments abroad of chloride oxides and chloride hydroxides of copper and other metals, when their volume increased by 217% to X tons. In general, exports, however, continue to indicate a deep contraction. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, chloride oxides of metal exports surged to $X in 2021. Over the period under review, exports, however, saw a abrupt descent. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Oman (X tons), Pakistan (X tons) and Sudan (X tons) were the main destinations of chloride oxides of metal exports from the United Arab Emirates, together accounting for 21% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Pakistan (with a CAGR of +1,207.4%), while the other leaders experienced more modest paces of growth.

In value terms, Oman ($X), Sudan ($X) and Bahrain ($X) were the largest markets for chloride oxides of metal exported from the United Arab Emirates worldwide, together accounting for 29% of total exports. Kuwait, Pakistan, Afghanistan and Iraq lagged somewhat behind, together accounting for a further 5%.

Pakistan, with a CAGR of +160.6%, recorded the highest growth rate of the value of exports, in terms of 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

In 2021, the average chloride oxides of metal export price amounted to $X per ton, with a decrease of -57.7% against the previous year. Overall, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2015 an increase of 54% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Iraq ($X per ton), while the average price for exports to Pakistan ($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 Iran (+594.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals

Imports into the United Arab Emirates

In 2021, chloride oxides of metal imports into the United Arab Emirates contracted dramatically to X tons, falling by -34% on 2020 figures. Over the period under review, imports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2014 with an increase of 120% against the previous year. Imports peaked at X tons in 2020, and then plummeted in the following year.

In value terms, chloride oxides of metal imports fell dramatically to $X in 2021. In general, imports, however, posted a resilient increase. The pace of growth was the most pronounced in 2013 with an increase of 112% against the previous year. Imports peaked at $X in 2020, and then shrank dramatically in the following year.

Imports by Country

In 2021, India (X tons) was the main chloride oxides of metal supplier to the United Arab Emirates, accounting for a 181% share of total imports. Moreover, chloride oxides of metal imports from India exceeded the figures recorded by the second-largest supplier, Singapore (X tons), more than tenfold. The United States (X tons) ranked third in terms of total imports with a 5% share.

From 2012 to 2021, the average annual growth rate of volume from India amounted to +22.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (-5.1% per year) and the United States (+8.0% per year).

In value terms, India ($X) constituted the largest supplier of chloride oxides and chloride hydroxides of copper and other metals to the United Arab Emirates, comprising 77% of total imports. The second position in the ranking was held by the United States ($X), with a 17% share of total imports. It was followed by Germany, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from India stood at +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+3.7% per year) and Germany (+16.5% per year).

Import Prices by Country

The average chloride oxides of metal import price stood at $X per ton in 2021, reducing by -24.5% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 85%. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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