United Arab Emirates: Market for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes 2024

Market Size for Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in the United Arab Emirates

The mixed alkylbenzenes, mixed alkylnaphthalenes market in the United Arab Emirates surged to $X in 2021, picking up by 15% against the previous year. Overall, consumption saw a perceptible descent. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Production of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes in the United Arab Emirates

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes production contracted sharply to $X in 2021 estimated in export price. Over the period under review, production saw a abrupt slump. Mixed alkylbenzenes, mixed alkylnaphthalenes production peaked at $X in 2020, and then shrank dramatically in the following year.

Exports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Exports from the United Arab Emirates

In 2021, approx. X tons of mixed alkylbenzenes, mixed alkylnaphthalenes were exported from the United Arab Emirates; shrinking by -43.4% against the previous year's figure. Overall, exports, however, continue to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 616%. The exports peaked at X tons in 2020, and then declined rapidly in the following year.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes exports fell sharply to $X in 2021. Over the period under review, exports showed a mild curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 295%. Over the period under review, the exports attained the peak figure at $X in 2020, and then declined remarkably in the following year.

Exports by Country

Iraq (X tons), India (X tons) and Pakistan (X tons) were the main destinations of mixed alkylbenzenes, mixed alkylnaphthalenes exports from the United Arab Emirates.

From 2012 to 2021, the biggest increases were recorded for Pakistan (with a CAGR of +6.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mixed alkylbenzenes, mixed alkylnaphthalenes exported from the United Arab Emirates were Iraq ($X), India ($X) and Pakistan ($X).

Pakistan, with a CAGR of +3.3%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average mixed alkylbenzenes, mixed alkylnaphthalenes export price amounted to $X per ton, growing by 7.1% against the previous year. In general, the export price, however, recorded a pronounced decline. The pace of growth was the most pronounced in 2016 an increase of 70% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while the average price for exports to India ($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 Peru (+10.1%), while the prices for the other major destinations experienced a decline.

Imports of Mixed Alkylbenzenes, Mixed Alkylnaphthalenes

Imports into the United Arab Emirates

In 2021, overseas purchases of mixed alkylbenzenes, mixed alkylnaphthalenes decreased by -17.8% to X tons for the first time since 2017, thus ending a three-year rising trend. In general, imports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2016 when imports increased by 94% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, mixed alkylbenzenes, mixed alkylnaphthalenes imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +25.5% against 2019 indices. The growth pace was the most rapid in 2016 when imports increased by 71%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Saudi Arabia (X tons) constituted the largest mixed alkylbenzenes, mixed alkylnaphthalenes supplier to the United Arab Emirates, with a 70% share of total imports. Moreover, mixed alkylbenzenes, mixed alkylnaphthalenes imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Iran (X tons), fourfold. The third position in this ranking was taken by Egypt (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Saudi Arabia stood at +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+39.2% per year) and Egypt (+11.0% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of mixed alkylbenzenes, mixed alkylnaphthalenes to the United Arab Emirates, comprising 70% of total imports. The second position in the ranking was held by Iran ($X), with a 20% share of total imports. It was followed by Egypt, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Saudi Arabia amounted to +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+57.9% per year) and Egypt (+27.8% per year).

Import Prices by Country

In 2021, the average mixed alkylbenzenes, mixed alkylnaphthalenes import price amounted to $X per ton, growing by 49% against the previous year. Overall, the import price, however, continues to indicate a slight descent. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :