United Arab Emirates: Aldehydes Cyclic Polymers Market 2024

Aldehydes Cyclic Polymers Market Size in the United Arab Emirates

In 2022, the aldehydes cyclic polymers market in the United Arab Emirates decreased by -47.3% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, enjoyed a prominent increase. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Aldehydes Cyclic Polymers Production in the United Arab Emirates

In value terms, aldehydes cyclic polymers production fell notably to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by 5,301,600% against the previous year. Aldehydes cyclic polymers production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Aldehydes Cyclic Polymers Exports

Exports from the United Arab Emirates

Aldehydes cyclic polymers exports from the United Arab Emirates reduced dramatically to X tons in 2022, which is down by -28% on the previous year's figure. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 949%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, aldehydes cyclic polymers exports fell notably to $X in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 603% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sudan (X tons) was the main destination for aldehydes cyclic polymers exports from the United Arab Emirates, accounting for a 96% share of total exports. Moreover, aldehydes cyclic polymers exports to Sudan exceeded the volume sent to the second major destination, Oman (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Sudan totaled +6.7%.

In value terms, Sudan ($X) remains the key foreign market for cyclic polymers of aldehydes exports from the United Arab Emirates, comprising 96% of total exports. The second position in the ranking was taken by Oman ($X), with a 3.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Sudan stood at +7.3%.

Export Prices by Country

The average aldehydes cyclic polymers export price stood at $X per ton in 2022, picking up by 4.2% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 26%. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to Sudan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+19.9%).

Aldehydes Cyclic Polymers Imports

Imports into the United Arab Emirates

In 2022, aldehydes cyclic polymers imports into the United Arab Emirates declined rapidly to X tons, shrinking by -39% on the previous year's figure. In general, imports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 759% against the previous year. As a result, imports attained the peak of X tons, and then contracted remarkably in the following year.

In value terms, aldehydes cyclic polymers imports contracted significantly to $X in 2022. Overall, imports, however, showed a pronounced expansion. The growth pace was the most rapid in 2021 when imports increased by 203% against the previous year. As a result, imports reached the peak of $X, and then reduced sharply in the following year.

Imports by Country

In 2022, India (X tons) was the main supplier of aldehydes cyclic polymers to the United Arab Emirates, with a 95% share of total imports. Moreover, aldehydes cyclic polymers imports from India exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from India amounted to +26.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+8.8% per year) and China (-20.4% per year).

In value terms, India ($X) constituted the largest supplier of cyclic polymers of aldehydes to the United Arab Emirates, comprising 72% of total imports. The second position in the ranking was taken by the United States ($X), with a 27% share of total imports.

From 2012 to 2022, the average annual growth rate of value from India totaled +15.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+7.9% per year) and China (-23.7% per year).

Import Prices by Country

In 2022, the average aldehydes cyclic polymers import price amounted to $X per ton, picking up by 8.9% against the previous year. Overall, the import price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2016 an increase of 79%. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 the United States ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :