United Arab Emirates: Sorbitol Market 2024

Sorbitol Market Size in the United Arab Emirates

The sorbitol market in the United Arab Emirates skyrocketed to $X in 2021, rising by 178% against the previous year. In general, consumption posted a buoyant expansion. Sorbitol consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Sorbitol Production in the United Arab Emirates

In value terms, sorbitol production amounted to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 10%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Sorbitol Exports

Exports from the United Arab Emirates

In 2021, overseas shipments of sorbitol (excluding d-glucitol) increased by 0.9% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2015 with an increase of 727%. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, sorbitol exports dropped notably to $X in 2021. In general, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of 440% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Pakistan (X tons), Iran (X tons) and Yemen (X tons) were the main destinations of sorbitol exports from the United Arab Emirates, with a combined 86% share of total exports. Kuwait, Egypt and Oman lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2021, the biggest increases were recorded for Kuwait (with a CAGR of +64.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Iran ($X), Pakistan ($X) and Yemen ($X) were the largest markets for sorbitol exported from the United Arab Emirates worldwide, together accounting for 69% of total exports. These countries were followed by Oman, Kuwait and Egypt, which together accounted for a further 27%.

Among the main countries of destination, Kuwait, with a CAGR of +43.6%, saw the highest growth rate of the value of exports, 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 sorbitol export price amounted to $X per ton, which is down by -15.9% against the previous year. In general, the export price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 12% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Oman ($X per ton), while the average price for exports to Pakistan ($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 Oman (+5.3%), while the prices for the other major destinations experienced a decline.

Sorbitol Imports

Imports into the United Arab Emirates

Sorbitol imports into the United Arab Emirates soared to X tons in 2021, rising by 199% on the previous year's figure. Overall, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 303%. Imports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, sorbitol imports soared to $X in 2021. In general, imports recorded strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 266%. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, Indonesia (X tons) constituted the largest sorbitol supplier to the United Arab Emirates, with a 26% share of total imports. Moreover, sorbitol imports from Indonesia exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. India (X tons) ranked third in terms of total imports with a 6% share.

From 2012 to 2021, the average annual growth rate of volume from Indonesia totaled +16.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+30.4% per year) and India (+13.3% per year).

In value terms, Indonesia ($X) constituted the largest supplier of sorbitol (excluding d-glucitol) to the United Arab Emirates, comprising 23% of total imports. The second position in the ranking was held by China ($X), with a 7.7% share of total imports. It was followed by France, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Indonesia stood at +15.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+19.9% per year) and France (-4.2% per year).

Import Prices by Country

In 2021, the average sorbitol import price amounted to $X per ton, with a decrease of -3.4% against the previous year. Overall, the import price continues to indicate a slight descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 15%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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