Report Update Nov 1, 2024

United Arab Emirates - Sodium Nitrate - Market Analysis, Forecast, Size, Trends and Insights

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United Arab Emirates: Sodium Nitrate Market 2024

Sodium Nitrate Market Size in the United Arab Emirates

In 2022, after four years of growth, there was significant decline in the sodium nitrate market in the United Arab Emirates, when its value decreased by -20.4% to $X. Over the period under review, consumption, however, showed a significant expansion. Over the period under review, the market reached the peak level at $X in 2021, and then reduced remarkably in the following year.

Sodium Nitrate Exports

Exports from the United Arab Emirates

In 2022, after two years of growth, there was significant decline in shipments abroad of sodium nitrate, when their volume decreased by -24.8% to X tons. In general, exports, however, showed prominent growth. The pace of growth appeared the most rapid in 2020 when exports increased by 531% against the previous year. The exports peaked at X tons in 2021, and then contracted notably in the following year.

In value terms, sodium nitrate exports dropped rapidly to $X in 2022. Overall, exports, however, continue to indicate a pronounced expansion. The pace of growth was the most pronounced in 2020 when exports increased by 224%. The exports peaked at $X in 2021, and then reduced dramatically in the following year.

Exports by Country

India (X tons) was the main destination for sodium nitrate exports from the United Arab Emirates, accounting for a 97% share of total exports. It was followed by Yemen (X tons), with a 1.8% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to India stood at +36.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (-15.7% per year) and Oman (-27.9% per year).

In value terms, India ($X) remains the key foreign market for sodium nitrate exports from the United Arab Emirates, comprising 97% of total exports. The second position in the ranking was taken by Yemen ($X), with a 2.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to India amounted to +52.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (-19.9% per year) and Oman (-38.4% per year).

Export Prices by Country

The average sodium nitrate export price stood at $X per ton in 2022, dropping by -1.9% against the previous year. Overall, the export price recorded a abrupt shrinkage. The growth pace was the most rapid in 2019 an increase of 17%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Yemen ($X per ton), while the average price for exports to Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+11.4%), while the prices for the other major destinations experienced a decline.

Sodium Nitrate Imports

Imports into the United Arab Emirates

In 2022, overseas purchases of sodium nitrate decreased by -19.5% to X tons for the first time since 2016, thus ending a five-year rising trend. Over the period under review, imports, however, showed a significant increase. The growth pace was the most rapid in 2019 with an increase of 489% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then reduced rapidly in the following year.

In value terms, sodium nitrate imports shrank rapidly to $X in 2022. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2019 when imports increased by 304%. Over the period under review, imports attained the maximum at $X in 2021, and then contracted sharply in the following year.

Imports by Country

Chile (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of sodium nitrate imports to the United Arab Emirates, with a combined 99% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +78.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sodium nitrate suppliers to the United Arab Emirates were Chile ($X), Germany ($X) and the Netherlands ($X), with a combined 98% share of total imports.

Chile, with a CAGR of +64.7%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sodium nitrate import price stood at $X per ton in 2022, which is down by -1.8% against the previous year. Overall, the import price saw a deep setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 26% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sodium nitrate in the world?

Chile remains the largest sodium nitrate consuming country worldwide, accounting for 50% of total volume. Moreover, sodium nitrate consumption in Chile exceeded the figures recorded by the second-largest consumer, Ukraine, ninefold. Russia ranked third in terms of total consumption with a 3.9% share.

What are the largest producers of sodium nitrate in the world?

Chile constituted the country with the largest volume of sodium nitrate production, accounting for 56% of total volume. Moreover, sodium nitrate production in Chile exceeded the figures recorded by the second-largest producer, China, sixfold. The third position in this ranking was occupied by Germany, with a 7.1% share.

What are the leading suppliers of sodium nitrate to the United Arab Emirates?

In value terms, Germany constituted the largest supplier of sodium nitrate to the United Arab Emirates, comprising 68% of total imports. The second position in the ranking was occupied by Chile, with a 30% share of total imports.

What are the leading importers of sodium nitrate from the United Arab Emirates?

In value terms, India, Turkey and Yemen constituted the largest markets for sodium nitrate exported from the United Arab Emirates worldwide, together comprising 86% of total exports.

What is the average export price for sodium nitrate in the United Arab Emirates?

In 2021, the average sodium nitrate export price amounted to $358 per ton, which is down by -49.9% against the previous year.

What is the average import price for sodium nitrate in the United Arab Emirates?

The average sodium nitrate import price stood at $441 per ton in 2021, which is down by -12.3% against the previous year.

This report provides an in-depth analysis of the sodium nitrate market in the United Arab Emirates. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 4005 -

Country coverage:

United Arab Emirates

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the United Arab Emirates
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023