United Arab Emirates: Market for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides 2024

Market Size for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in the United Arab Emirates

In 2022, the high-tenacity filament nylon yarn market in the United Arab Emirates increased by 14% to $X, rising for the second consecutive year after two years of decline. Overall, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +27.4% against 2020 indices. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in the United Arab Emirates

In value terms, high-tenacity filament nylon yarn production fell to $X in 2022 estimated in export price. Overall, production, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 165%. High-tenacity filament nylon yarn production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Exports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Exports from the United Arab Emirates

High-tenacity filament nylon yarn exports from the United Arab Emirates contracted markedly to X tons in 2022, with a decrease of -25.9% compared with 2021. Over the period under review, exports continue to indicate a sharp slump. The pace of growth appeared the most rapid in 2015 when exports increased by 13,429%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, high-tenacity filament nylon yarn exports expanded markedly to $X in 2022. Overall, exports showed a dramatic descent. The growth pace was the most rapid in 2015 when exports increased by 6,614%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Sri Lanka (X tons) was the main destination for high-tenacity filament nylon yarn exports from the United Arab Emirates, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Sri Lanka totaled +10.1%.

In value terms, Sri Lanka ($X) also remains the key foreign market for high-tenacity filament yarn of nylon or other polyamides exports from the United Arab Emirates.

From 2012 to 2022, the average annual rate of growth in terms of value to Sri Lanka was relatively modest.

Export Prices by Country

In 2022, the average high-tenacity filament nylon yarn export price amounted to $X per ton, picking up by 49% against the previous year. Overall, the export price, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 69%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to +7.6% per year.

Imports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Imports into the United Arab Emirates

After three years of growth, purchases abroad of high-tenacity filament yarn of nylon or other polyamides decreased by -7.4% to X tons in 2022. Over the period under review, imports continue to indicate a dramatic setback. The growth pace was the most rapid in 2016 with an increase of 40% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, high-tenacity filament nylon yarn imports stood at $X in 2022. In general, imports recorded a sharp decrease. The pace of growth was the most pronounced in 2016 when imports increased by 29% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest high-tenacity filament nylon yarn supplier to the United Arab Emirates, accounting for a 88% share of total imports. Moreover, high-tenacity filament nylon yarn imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -21.8%.

In value terms, China ($X) constituted the largest supplier of high-tenacity filament yarn of nylon or other polyamides to the United Arab Emirates, comprising 89% of total imports. The second position in the ranking was held by India ($X), with an 11% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -30.4%.

Import Prices by Country

The average high-tenacity filament nylon yarn import price stood at $X per ton in 2022, with an increase of 21% against the previous year. Overall, the import price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 32% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for India amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-10.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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