United Arab Emirates: Market for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons 2024

Market Size for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in the United Arab Emirates

In 2022, the cyclanic, cyclenic hydrocarbons derivatives market in the United Arab Emirates increased by 26% to $X, rising for the second year in a row after four years of decline. Over the period under review, consumption showed a drastic downturn. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in the United Arab Emirates

In value terms, cyclanic, cyclenic hydrocarbons derivatives production surged to $X in 2022 estimated in export price. In general, production continues to indicate a significant expansion. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Exports from the United Arab Emirates

In 2020, overseas shipments of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons decreased by 0% to X kg, falling for the third year in a row after four years of growth. Over the period under review, exports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2017 with an increase of 4,416% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2020, the growth of the exports failed to regain momentum.

In value terms, cyclanic, cyclenic hydrocarbons derivatives exports amounted to $X in 2020. In general, exports saw a abrupt contraction. The growth pace was the most rapid in 2017 when exports increased by 4,849%. As a result, the exports attained the peak of $X. From 2018 to 2020, the growth of the exports failed to regain momentum.

Exports by Country

Uganda (X kg) was the main destination for cyclanic, cyclenic hydrocarbons derivatives exports from the United Arab Emirates, with a approx. 100% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Uganda stood at +31.8%.

From 2012 to 2020, the average annual rate of growth in terms of value to Uganda totaled +24.3%.

Export Prices by Country

The average cyclanic, cyclenic hydrocarbons derivatives export price stood at $X per ton in 2020, approximately equating the previous year. Overall, the export price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2018 an increase of 9.6% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2020, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Uganda.

From 2012 to 2020, the rate of growth in terms of prices for Uganda amounted to -5.6% per year.

Imports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Imports into the United Arab Emirates

In 2022, supplies from abroad of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons decreased by -25.8% to X kg, falling for the sixth consecutive year after two years of growth. In general, imports recorded a sharp downturn. The most prominent rate of growth was recorded in 2013 when imports increased by 529% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, cyclanic, cyclenic hydrocarbons derivatives imports expanded remarkably to $X in 2022. Overall, imports showed a noticeable setback. The growth pace was the most rapid in 2013 when imports increased by 689%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United States (X kg) constituted the largest cyclanic, cyclenic hydrocarbons derivatives supplier to the United Arab Emirates, accounting for a 46% share of total imports. Moreover, cyclanic, cyclenic hydrocarbons derivatives imports from the United States exceeded the figures recorded by the second-largest supplier, the UK (X kg), threefold. The third position in this ranking was taken by India (X kg), with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at -27.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+18.2% per year) and India (-31.1% per year).

In value terms, the UK ($X), Turkey ($X) and the United States ($X) were the largest cyclanic, cyclenic hydrocarbons derivatives suppliers to the United Arab Emirates, with a combined 66% share of total imports.

In terms of the main suppliers, the UK, with a CAGR of +42.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average cyclanic, cyclenic hydrocarbons derivatives import price amounted to $X per ton, rising by 46% against the previous year. Over the period under review, the import price recorded a significant expansion. The growth pace was the most rapid in 2021 when the average import price increased by 200% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+45.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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