United Arab Emirates: Complex Fluorine Salts Market 2024

Complex Fluorine Salts Market Size in the United Arab Emirates

In 2021, the complex fluorine salts market in the United Arab Emirates increased by 173% to $X, rising for the fifth year in a row after two years of decline. Overall, consumption enjoyed significant growth. Complex fluorine salts consumption peaked in 2021 and is likely to see gradual growth in years to come.

Complex Fluorine Salts Production in the United Arab Emirates

In value terms, complex fluorine salts production totaled $X in 2021 estimated in export price. In general, production continues to indicate a prominent increase. The pace of growth was the most pronounced in 2016 when the production volume increased by 180% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Complex Fluorine Salts Exports

Exports from the United Arab Emirates

For the fourth consecutive year, the United Arab Emirates recorded decline in overseas shipments of fluorides, fluorosilicates, fluoroaluminates and other complex fluorine salts, which decreased by -16.8% to X tons in 2021. In general, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when exports increased by 168% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, complex fluorine salts exports reduced to $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 99% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Australia (X tons), India (X tons) and Malaysia (X tons) were the main destinations of complex fluorine salts exports from the United Arab Emirates, with a combined 57% share of total exports. These countries were followed by Oman, Tajikistan, New Zealand and China, which together accounted for a further 26%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Oman (with a CAGR of +19.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for complex fluorine salts exported from the United Arab Emirates were India ($X), Australia ($X) and Malaysia ($X), with a combined 58% share of total exports. These countries were followed by Oman, Tajikistan, New Zealand and China, which together accounted for a further 25%.

In terms of the main countries of destination, Oman, with a CAGR of +14.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average complex fluorine salts export price stood at $X per ton in 2021, surging by 3.8% against the previous year. In general, export price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, complex fluorine salts export price increased by +46.0% against 2019 indices. The pace of growth appeared the most rapid in 2016 an increase of 62%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to China ($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 Malaysia (+16.8%), while the prices for the other major destinations experienced mixed trend patterns.

Complex Fluorine Salts Imports

Imports into the United Arab Emirates

In 2021, the amount of fluorides, fluorosilicates, fluoroaluminates and other complex fluorine salts imported into the United Arab Emirates surged to X tons, growing by 16% compared with the previous year. In general, imports posted a tangible increase. The most prominent rate of growth was recorded in 2014 when imports increased by 37%. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, complex fluorine salts imports fell markedly to $X in 2021. Over the period under review, imports posted noticeable growth. The most prominent rate of growth was recorded in 2018 when imports increased by 66% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020, and then reduced dramatically in the following year.

Imports by Country

China (X tons), Tunisia (X tons) and Jordan (X tons) were the main suppliers of complex fluorine salts imports to the United Arab Emirates, together accounting for 83% of total imports. India, Japan and Oman lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Oman (with a CAGR of +112.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Tunisia ($X), China ($X) and Jordan ($X) constituted the largest complex fluorine salts suppliers to the United Arab Emirates, with a combined 90% share of total imports.

Among the main suppliers, Tunisia, with a CAGR of +83.0%, recorded 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 2021, the average complex fluorine salts import price amounted to $X per ton, shrinking by -29.4% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 45%. The import price peaked at $X per ton in 2020, and then shrank rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Tunisia ($X per ton), while the price for Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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