United Arab Emirates: Lead Ore Market 2022

Lead Ore Market Size in the United Arab Emirates

The lead ore market in the United Arab Emirates was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, consumption, however, recorded a deep reduction. Lead ore consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Lead Ore Production in the United Arab Emirates

In value terms, lead ore production shrank to $X in 2021 estimated in export price. In general, the total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +X% 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 +X% against 2012 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. Lead ore production peaked at $X in 2020, and then fell in the following year.

Lead Ore Exports

Exports from the United Arab Emirates

In 2021, shipments abroad of lead ores decreased by -X% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2020, and then reduced in the following year.

In value terms, lead ore exports contracted to $X in 2021. Over the period under review, exports, however, recorded resilient growth. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020, and then dropped in the following year.

Exports by Country

China (X tons) was the main destination for lead ore exports from the United Arab Emirates, with a X% share of total exports. Moreover, lead ore exports to China exceeded the volume sent to the second major destination, Spain (X tons), threefold. Indonesia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+X% per year) and Indonesia (+X% per year).

In value terms, China ($X) remains the key foreign market for lead ore exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2012 to 2021, the average annual growth rate of value to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+X% per year) and South Korea (-X% per year).

Export Prices by Country

The average lead ore export price stood at $X per ton in 2021, dropping by -X% against the previous year. Over the period under review, export price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, lead ore export price increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

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

Lead Ore Imports

Imports into the United Arab Emirates

In 2021, purchases abroad of lead ores increased by X% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports posted a buoyant increase. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, lead ore imports reached $X in 2021. Overall, imports saw buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Romania (X tons) constituted the largest supplier of lead ore to the United Arab Emirates, with a X% share of total imports. Moreover, lead ore imports from Romania exceeded the figures recorded by the second-largest supplier, Morocco (X tons), twofold. The third position in this ranking was held by Pakistan (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Romania was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Morocco (+X% per year) and Pakistan (+X% per year).

In value terms, the largest lead ore suppliers to the United Arab Emirates were Morocco ($X), Romania ($X) and Pakistan ($X), with a combined X% share of total imports.

Pakistan, with a CAGR of +X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average lead ore import price stood at $X per ton in 2021, waning by -X% against the previous year. Over the period under review, the import price recorded a perceptible slump. The most prominent rate of growth was recorded in 2013 an increase of X%. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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