United Arab Emirates: Market for Inorganic Oxygen Compounds Of Non-Metals 2024

Market Size for Inorganic Oxygen Compounds Of Non-Metals in the United Arab Emirates

After three years of growth, the market for inorganic oxygen compounds of non-metals in the United Arab Emirates decreased by -8% to $X in 2021. In general, the total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +8.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +106.7% against 2012 indices. As a result, consumption reached the peak level of $X, and then fell in the following year.

Production of Inorganic Oxygen Compounds Of Non-Metals in the United Arab Emirates

In value terms, inorganic oxygen compounds of non-metals production contracted to $X in 2021 estimated in export price. Over the period under review, the total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +88.9% against 2012 indices. The pace of growth was the most pronounced in 2020 with an increase of 21%. As a result, production attained the peak level of $X, and then declined in the following year.

Exports of Inorganic Oxygen Compounds Of Non-Metals

Exports from the United Arab Emirates

In 2021, shipments abroad of inorganic oxygen compounds of non-metals was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 4,115% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, inorganic oxygen compounds of non-metals exports surged to $X in 2021. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2013 when exports increased by 1,409%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Saudi Arabia (X tons), Kenya (X tons) and Sudan (X tons) were the main destinations of inorganic oxygen compounds of non-metals exports from the United Arab Emirates, with a combined 98% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sudan (with a CAGR of +82.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for inorganic oxygen compounds of non-metals exported from the United Arab Emirates were Saudi Arabia ($X), Kenya ($X) and Kuwait ($X), together comprising 71% of total exports. Sudan, the Netherlands, Mauritius and Oman lagged somewhat behind, together accounting for a further 13%.

Sudan, with a CAGR of +65.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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 inorganic oxygen compounds of non-metals amounted to $X per ton, which is down by -11.5% against the previous year. Overall, the export price saw a abrupt slump. The pace of growth appeared the most rapid in 2019 an increase of 26% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while the average price for exports to Oman ($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 Mauritius (+11.7%), while the prices for the other major destinations experienced a decline.

Imports of Inorganic Oxygen Compounds Of Non-Metals

Imports into the United Arab Emirates

In 2021, approx. X tons of inorganic oxygen compounds of non-metals were imported into the United Arab Emirates; rising by 129% compared with 2020. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of 240%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, inorganic oxygen compounds of non-metals imports surged to $X in 2021. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Iran (X tons), India (X tons) and China (X tons) were the main suppliers of inorganic oxygen compounds of non-metals imports to the United Arab Emirates.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +73.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest inorganic oxygen compounds of non-metals suppliers to the United Arab Emirates were Austria ($X), India ($X) and China ($X), together accounting for 63% of total imports.

In terms of the main suppliers, China, with a CAGR of +95.1%, saw 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

The average import price for inorganic oxygen compounds of non-metals stood at $X per ton in 2021, with an increase of 27% against the previous year. Overall, the import price posted a strong increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 93% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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