United Arab Emirates: Propellant Powders Market 2024

Propellant Powders Market Size in the United Arab Emirates

The propellant powders market in the United Arab Emirates reduced sharply to $X in 2021, waning by -70.6% 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). Over the period under review, consumption continues to indicate a abrupt decline. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Propellant Powders Exports

Exports from the United Arab Emirates

Propellant powders exports from the United Arab Emirates reduced markedly to X kg in 2021, falling by -79.9% against the previous year. Over the period under review, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2013 when exports increased by 755%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, propellant powders exports declined to $X in 2021. Overall, exports recorded a noticeable decrease. The most prominent rate of growth was recorded in 2013 when exports increased by 1,256%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Oman (X kg) was the main destination for propellant powders exports from the United Arab Emirates, with a 96% share of total exports. Moreover, propellant powders exports to Oman exceeded the volume sent to the second major destination, Uganda (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Oman amounted to +5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (-19.9% per year) and Rwanda (-31.2% per year).

In value terms, Oman ($X) emerged as the key foreign market for propellant powders exports from the United Arab Emirates, comprising 99% of total exports. The second position in the ranking was taken by Uganda ($X), with a 0.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Oman was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (-20.6% per year) and Rwanda (-42.3% per year).

Export Prices by Country

The average propellant powders export price stood at $X per ton in 2021, jumping by 377% against the previous year. Overall, the export price posted prominent growth. The export price peaked at $X per ton in 2019; however, from 2020 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 Oman ($X per ton), while the average price for exports to Burundi ($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 Zambia (+2.2%), while the prices for the other major destinations experienced a decline.

Propellant Powders Imports

Imports into the United Arab Emirates

Propellant powders imports into the United Arab Emirates declined dramatically to X tons in 2021, reducing by -72.2% against the year before. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of 478% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, propellant powders imports dropped remarkably to $X in 2021. Overall, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2018 when imports increased by 269% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Belgium (X tons) constituted the largest supplier of propellant powders to the United Arab Emirates, accounting for a 69% share of total imports. Moreover, propellant powders imports from Belgium exceeded the figures recorded by the second-largest supplier, South Africa (X tons), fivefold. The United States (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium stood at -16.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-5.7% per year) and the United States (+10.4% per year).

In value terms, Belgium ($X) constituted the largest supplier of propellant powders to the United Arab Emirates, comprising 63% of total imports. The second position in the ranking was held by the United States ($X), with a 16% share of total imports. It was followed by South Africa, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium totaled -16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+16.9% per year) and South Africa (-6.8% per year).

Import Prices by Country

In 2021, the average propellant powders import price amounted to $X per ton, increasing by 12% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 119% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 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 France ($X per ton), while the price for Belgium ($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 (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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