United Arab Emirates: Market for Liquid Or Compressed Air And Distilled Or Conductivity Water 2024

Market Size for Liquid Or Compressed Air And Distilled Or Conductivity Water in the United Arab Emirates

In 2021, after three years of decline, there was significant growth in the market for liquid or compressed air and distilled or conductivity water in the United Arab Emirates, when its value increased by 85% to $X. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Exports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Exports from the United Arab Emirates

In 2021, after three years of growth, there was significant decline in overseas shipments of liquid or compressed air and distilled or conductivity water, when their volume decreased by -29.2% to X tons. Overall, exports, however, posted a noticeable increase. The pace of growth appeared the most rapid in 2014 when exports increased by 154% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020, and then declined rapidly in the following year.

In value terms, liquid air and distilled water exports reduced notably to $X in 2021. In general, exports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2014 with an increase of 181%. Over the period under review, the exports hit record highs at $X in 2020, and then shrank rapidly in the following year.

Exports by Country

Somalia (X tons), Djibouti (X tons) and Saudi Arabia (X tons) were the main destinations of liquid air and distilled water exports from the United Arab Emirates.

From 2012 to 2021, the biggest increases were recorded for Saudi Arabia (with a CAGR of +5,999.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for liquid air and distilled water exported from the United Arab Emirates were Oman ($X), Saudi Arabia ($X) and Somalia ($X), with a combined 41% share of total exports. These countries were followed by Iraq, Italy, Djibouti, Yemen and Democratic Republic of the Congo, which together accounted for a further 14%.

In terms of the main countries of destination, Italy, with a CAGR of +104.5%, recorded the highest rates of growth with regard to 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 liquid or compressed air and distilled or conductivity water amounted to $X per ton, shrinking by -3.5% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 23% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Yemen ($X per ton), while the average price for exports to Djibouti ($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 Yemen (+11.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Liquid Or Compressed Air And Distilled Or Conductivity Water

Imports into the United Arab Emirates

In 2021, supplies from abroad of liquid or compressed air and distilled or conductivity water was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Overall, imports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2016 when imports increased by 289% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, liquid air and distilled water imports soared to $X in 2021. Over the period under review, imports, however, showed a mild curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 188% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, France (X tons) constituted the largest liquid air and distilled water supplier to the United Arab Emirates, accounting for a 19% share of total imports. Moreover, liquid air and distilled water imports from France exceeded the figures recorded by the second-largest supplier, China (X tons), eightfold. The UK (X tons) ranked third in terms of total imports with a 1.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France stood at +95.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+58.6% per year) and the UK (-16.7% per year).

In value terms, the largest liquid air and distilled water suppliers to the United Arab Emirates were France ($X), the United States ($X) and China ($X), with a combined 28% share of total imports.

China, with a CAGR of +54.8%, 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 import price for liquid or compressed air and distilled or conductivity water stood at $X per ton in 2021, growing by 32% against the previous year. Overall, the import price, however, showed a abrupt downturn. The import price peaked at $X per ton in 2015; however, from 2016 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 the United States ($X per ton), while the price for Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+12.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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