United Arab Emirates: Prepared Rubber Accelerators Market 2024

Prepared Rubber Accelerators Market Size in the United Arab Emirates

After two years of decline, the prepared rubber accelerators market in the United Arab Emirates increased by 80% to $X in 2021. In general, consumption posted a strong expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Prepared Rubber Accelerators Production in the United Arab Emirates

In value terms, prepared rubber accelerators production soared to $X in 2021 estimated in export price. Overall, production showed a prominent expansion. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Prepared Rubber Accelerators Exports

Exports from the United Arab Emirates

In 2021, shipments abroad of prepared rubber accelerators decreased by -91.6% to X tons, falling for the second consecutive year after three years of growth. Overall, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2013 when exports increased by 206%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, prepared rubber accelerators exports contracted significantly to $X in 2021. In general, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2015 when exports increased by 248%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X tons) was the main destination for prepared rubber accelerators exports from the United Arab Emirates, with a 82% share of total exports. Moreover, prepared rubber accelerators exports to Saudi Arabia exceeded the volume sent to the second major destination, Oman (X tons), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Saudi Arabia stood at +7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+7.9% per year) and the Philippines (-48.1% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for prepared rubber accelerators exports from the United Arab Emirates, comprising 93% of total exports. The second position in the ranking was held by Oman ($X), with a 4.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia stood at +3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+2.2% per year) and the Philippines (-27.3% per year).

Export Prices by Country

In 2021, the average prepared rubber accelerators export price amounted to $X per ton, with an increase of 2.7% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 115%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Oman ($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 the Philippines (+39.9%), while the prices for the other major destinations experienced a decline.

Prepared Rubber Accelerators Imports

Imports into the United Arab Emirates

In 2021, after two years of growth, there was significant decline in supplies from abroad of prepared rubber accelerators, when their volume decreased by -7% to X tons. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 96%. Imports peaked at X tons in 2020, and then shrank in the following year.

In value terms, prepared rubber accelerators imports fell to $X in 2021. Over the period under review, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2019 when imports increased by 64%. Imports peaked at $X in 2020, and then reduced in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of prepared rubber accelerators to the United Arab Emirates, accounting for a 64% share of total imports. Moreover, prepared rubber accelerators imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. The third position in this ranking was taken by Thailand (X tons), with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +18.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+16.4% per year) and Thailand (+71.4% per year).

In value terms, China ($X) constituted the largest supplier of prepared rubber accelerators to the United Arab Emirates, comprising 70% of total imports. The second position in the ranking was held by India ($X), with a 16% share of total imports. It was followed by Thailand, with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +21.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+16.6% per year) and Thailand (+40.0% per year).

Import Prices by Country

The average prepared rubber accelerators import price stood at $X per ton in 2021, falling by -4.3% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 32%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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