United Arab Emirates: Market for Sulphates Of Barium Or Aluminium 2024

Market Size for Sulphates Of Barium Or Aluminium in the United Arab Emirates

The barium or aluminium sulphates market in the United Arab Emirates declined to $X in 2022, dropping by -13.2% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Sulphates Of Barium Or Aluminium in the United Arab Emirates

In value terms, barium or aluminium sulphates production declined to $X in 2022 estimated in export price. In general, production recorded a noticeable contraction. The most prominent rate of growth was recorded in 2015 with an increase of 41% against the previous year. Barium or aluminium sulphates production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Sulphates Of Barium Or Aluminium

Exports from the United Arab Emirates

After three years of growth, shipments abroad of sulphates of barium or aluminium decreased by -29.1% to X tons in 2022. Over the period under review, exports showed a abrupt downturn. The growth pace was the most rapid in 2013 with an increase of 98% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, barium or aluminium sulphates exports declined slightly to $X in 2022. Overall, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2019 with an increase of 64%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Tanzania (X tons) was the main destination for barium or aluminium sulphates exports from the United Arab Emirates, with a 92% share of total exports. Moreover, barium or aluminium sulphates exports to Tanzania exceeded the volume sent to the second major destination, Rwanda (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Tanzania totaled +55.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+387.3% per year) and Bahrain (-13.4% per year).

In value terms, Tanzania ($X) emerged as the key foreign market for sulphates of barium or aluminium exports from the United Arab Emirates, comprising 92% of total exports. The second position in the ranking was held by Bahrain ($X), with a 4.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Tanzania amounted to +27.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (-14.7% per year) and Rwanda (+560.5% per year).

Export Prices by Country

In 2022, the average barium or aluminium sulphates export price amounted to $X per ton, growing by 35% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt descent. 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 remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Rwanda ($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 Rwanda (+35.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sulphates Of Barium Or Aluminium

Imports into the United Arab Emirates

Barium or aluminium sulphates imports into the United Arab Emirates shrank significantly to X tons in 2022, with a decrease of -22% compared with 2021. Overall, imports, however, saw resilient growth. The pace of growth was the most pronounced in 2014 when imports increased by 143%. Over the period under review, imports hit record highs at X tons in 2021, and then contracted markedly in the following year.

In value terms, barium or aluminium sulphates imports rose slightly to $X in 2022. Over the period under review, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of 103%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of barium or aluminium sulphates to the United Arab Emirates, accounting for a 57% share of total imports. Moreover, barium or aluminium sulphates imports from Turkey exceeded the figures recorded by the second-largest supplier, India (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from Turkey totaled +16.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+4.1% per year) and China (+3.0% per year).

In value terms, China ($X), Turkey ($X) and India ($X) constituted the largest barium or aluminium sulphates suppliers to the United Arab Emirates, together accounting for 92% of total imports.

In terms of the main suppliers, Turkey, with a CAGR of +22.4%, recorded the highest rates of growth with regard to 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

The average barium or aluminium sulphates import price stood at $X per ton in 2022, increasing by 30% against the previous year. Over the period under review, the import price, however, showed a slight decrease. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, 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 ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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