United Arab Emirates: Metal Pickling Preparations Market 2024

Metal Pickling Preparations Market Size in the United Arab Emirates

The metal pickling preparations market in the United Arab Emirates skyrocketed to $X in 2021, surging by 85% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +9.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Metal Pickling Preparations Exports

Exports from the United Arab Emirates

In 2021, shipments abroad of pickling preparations for metal surfaces decreased by -7.5% to X tons, falling for the fourth year in a row after three years of growth. Overall, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2017 when exports increased by 94% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, metal pickling preparations exports rose remarkably to $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 94%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Oman (X tons), Sri Lanka (X tons) and Saudi Arabia (X tons) were the main destinations of metal pickling preparations exports from the United Arab Emirates, together comprising 71% of total exports. Burkina Faso, Jordan, Egypt, Senegal and Lebanon lagged somewhat behind, together comprising a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Egypt (with a CAGR of +130.4%), while the other leaders experienced more modest paces of growth.

In value terms, Sri Lanka ($X), Oman ($X) and Saudi Arabia ($X) constituted the largest markets for metal pickling preparations exported from the United Arab Emirates worldwide, together accounting for 83% of total exports. These countries were followed by Jordan, Egypt, Lebanon, Burkina Faso and Senegal, which together accounted for a further 9.9%.

Egypt, with a CAGR of +102.1%, saw 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 more modest paces of growth.

Export Prices by Country

In 2021, the average metal pickling preparations export price amounted to $X per ton, growing by 16% against the previous year. Over the last nine years, it increased at an average annual rate of +5.9%. The most prominent rate of growth was recorded in 2015 when the average export price increased by 24% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Sri Lanka ($X per ton), while the average price for exports to Burkina Faso ($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 Iran (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Pickling Preparations Imports

Imports into the United Arab Emirates

Metal pickling preparations imports into the United Arab Emirates skyrocketed to X tons in 2021, with an increase of 82% on the previous year. In general, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +8.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal pickling preparations imports soared to $X in 2021. Overall, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

India (X tons), the Czech Republic (X tons) and Germany (X tons) were the main suppliers of metal pickling preparations imports to the United Arab Emirates, with a combined 45% share of total imports. These countries were followed by Saudi Arabia, China, France, South Korea, Italy and the United States, which together accounted for a further 19%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +22.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal pickling preparations suppliers to the United Arab Emirates were India ($X), Germany ($X) and the Czech Republic ($X), with a combined 37% share of total imports. Saudi Arabia, China, South Korea, France, Italy and the United States lagged somewhat behind, together comprising a further 22%.

In terms of the main suppliers, Saudi Arabia, with a CAGR of +19.2%, 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 metal pickling preparations import price amounted to $X per ton, with a decrease of -4.4% against the previous year. In general, the import price saw a slight reduction. The most prominent rate of growth was recorded in 2018 an increase of 20% against the previous year. Over the period under review, average import prices hit record highs 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, the country with the highest price was the United States ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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