United Arab Emirates: Graphite Non-Electrical Articles Market 2024

Graphite Non-Electrical Articles Market Size in the United Arab Emirates

In 2021, the graphite non-electrical articles market in the United Arab Emirates decreased by -55.4% to $X, falling for the second consecutive year after eight years of growth. In general, consumption showed a noticeable curtailment. Graphite non-electrical articles consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Graphite Non-Electrical Articles Exports

Exports from the United Arab Emirates

In 2021, overseas shipments of non-electrical articles of graphite or other carbon decreased by -25.8% to X tons, falling for the second year in a row after four years of growth. Over the period under review, exports, however, enjoyed prominent growth. The growth pace was the most rapid in 2016 when exports increased by 92%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, graphite non-electrical articles exports dropped markedly to $X in 2021. In general, exports, however, saw a resilient expansion. The growth pace was the most rapid in 2016 when exports increased by 441%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Oman (X tons) was the main destination for graphite non-electrical articles exports from the United Arab Emirates, with a 70% share of total exports. Moreover, graphite non-electrical articles exports to Oman exceeded the volume sent to the second major destination, Saudi Arabia (X tons), more than tenfold. Germany (X tons) ranked third in terms of total exports with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Oman stood at +13.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+4.4% per year) and Germany (+87.1% per year).

In value terms, Oman ($X), Turkey ($X) and Sweden ($X) were the largest markets for graphite non-electrical articles exported from the United Arab Emirates worldwide, together accounting for 61% of total exports. The UK, Sri Lanka, Germany, Canada and Saudi Arabia lagged somewhat behind, together accounting for a further 20%.

Sri Lanka, with a CAGR of +14,799.8%, saw the highest growth rate of 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

The average graphite non-electrical articles export price stood at $X per ton in 2021, reducing by -6.7% against the previous year. In general, the export price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 182% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Turkey ($X per ton), while the average price for exports to Oman ($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 Turkey (+59.1%), while the prices for the other major destinations experienced more modest paces of growth.

Graphite Non-Electrical Articles Imports

Imports into the United Arab Emirates

In 2021, purchases abroad of non-electrical articles of graphite or other carbon decreased by -47.9% to X tons, falling for the second consecutive year after eight years of growth. Overall, imports continue to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 44% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, graphite non-electrical articles imports declined sharply to $X in 2021. Over the period under review, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2013 when imports increased by 60%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

The United States (X tons), the UK (X tons) and Germany (X tons) were the main suppliers of graphite non-electrical articles imports to the United Arab Emirates, with a combined 72% share of total imports. These countries were followed by India, Italy, South Korea and Hungary, which together accounted for a further 16%.

From 2012 to 2021, the biggest increases were in Hungary (with a CAGR of +93.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and the UK ($X) constituted the largest graphite non-electrical articles suppliers to the United Arab Emirates, together comprising 79% of total imports. Italy, South Korea, Hungary and India lagged somewhat behind, together comprising a further 7.8%.

Among the main suppliers, Hungary, with a CAGR of +51.9%, recorded 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

In 2021, the average graphite non-electrical articles import price amounted to $X per ton, reducing by -21.5% against the previous year. In general, the import price saw a slight decrease. The pace of growth appeared the most rapid in 2014 when the average import price increased by 18%. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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