United Arab Emirates: Market for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals 2024

Market Size for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in the United Arab Emirates

In 2021, after two years of decline, there was growth in the market for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals in the United Arab Emirates, when its value increased by 4.8% to $X. The market value increased at an average annual rate of +4.4% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Consumption of peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in the United Arab Emirates

In value terms, production of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals stood at $X in 2021 estimated in export price. Overall, the total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -16.8% against 2018 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by 48% against the previous year. Production of peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Exports from the United Arab Emirates

In 2021, shipments abroad of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports saw resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by 1,298% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals soared to $X in 2021. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2017 when exports increased by 1,171% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The Netherlands (X tons), Bahrain (X tons) and Kenya (X tons) were the main destinations of exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals from the United Arab Emirates, with a combined 53% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +171.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Oman ($X), Kuwait ($X) and the Netherlands ($X) appeared to be the largest markets for chlorides and phosphorus oxychloride and halides exported from the United Arab Emirates worldwide, together comprising 56% of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of +101.5%, recorded the highest growth rate of 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

In 2021, the average export price for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals amounted to $X per ton, growing by 19% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +9.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals increased by +51.5% against 2018 indices. The pace of growth was the most pronounced in 2014 an increase of 47% against the previous year. The export price peaked in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Iran ($X per ton), while the average price for exports to Bahrain ($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 (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Imports into the United Arab Emirates

In 2021, after four years of growth, there was significant decline in supplies from abroad of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals, when their volume decreased by -64.6% to X tons. Over the period under review, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2015 when imports increased by 117% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2020, and then shrank markedly in the following year.

In value terms, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals fell markedly to $X in 2021. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 129%. As a result, imports attained the peak of $X, and then fell remarkably in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of chlorides and phosphorus oxychloride and halides to the United Arab Emirates, accounting for a 54% share of total imports. Moreover, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. The third position in this ranking was taken by Russia (X tons), with an 8.1% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +38.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-22.5% per year) and Russia (-13.6% per year).

In value terms, China ($X) constituted the largest supplier of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals to the United Arab Emirates, comprising 36% of total imports. The second position in the ranking was held by Germany ($X), with a 17% share of total imports. It was followed by France, with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +51.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-22.0% per year) and France (-1.1% per year).

Import Prices by Country

The average import price for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals stood at $X per ton in 2021, declining by -21.9% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 47% against the previous year. The import price peaked at $X per ton in 2020, and then contracted notably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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