United Arab Emirates: Market for Sulphides, Polysulphides, Dithionites And Sulphoxylates 2024

Market Size for Sulphides, Polysulphides, Dithionites And Sulphoxylates in the United Arab Emirates

In 2022, the sulphides, dithionites and sulphoxylates market in the United Arab Emirates decreased by -21.3% to $X for the first time since 2019, thus ending a two-year rising trend. In general, the total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2021, and then contracted rapidly in the following year.

Production of Sulphides, Polysulphides, Dithionites And Sulphoxylates in the United Arab Emirates

In value terms, sulphides, dithionites and sulphoxylates production expanded modestly to $X in 2022 estimated in export price. In general, production, however, recorded a slight downturn. The growth pace was the most rapid in 2014 with an increase of 24% against the previous year. Sulphides, dithionites and sulphoxylates production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Exports from the United Arab Emirates

In 2022, the amount of sulphides, polysulphides, dithionites and sulphoxylates exported from the United Arab Emirates surged to X tons, with an increase of 31% against the previous year. Over the period under review, exports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2014 when exports increased by 109% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, sulphides, dithionites and sulphoxylates exports rose significantly to $X in 2022. Overall, exports, however, recorded a slight contraction. The most prominent rate of growth was recorded in 2020 with an increase of 42%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons) was the main destination for sulphides, dithionites and sulphoxylates exports from the United Arab Emirates, accounting for a approx. 38% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to India amounted to +52.5%.

In value terms, India ($X) emerged as the key foreign market for sulphides, polysulphides, dithionites and sulphoxylates exports from the United Arab Emirates.

From 2012 to 2022, the average annual rate of growth in terms of value to India stood at +63.8%.

Export Prices by Country

In 2022, the average sulphides, dithionites and sulphoxylates export price amounted to $X per ton, which is down by -16.4% against the previous year. In general, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphides, dithionites and sulphoxylates export price increased by +4.4% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 85% against the previous year. The export price peaked at $X per ton in 2021, and then reduced markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +7.4% per year.

Imports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Imports into the United Arab Emirates

In 2022, supplies from abroad of sulphides, polysulphides, dithionites and sulphoxylates decreased by -29.5% to X tons, falling for the second consecutive year after two years of growth. In general, imports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2019 with an increase of 92%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, sulphides, dithionites and sulphoxylates imports fell to $X in 2022. Over the period under review, imports, however, recorded a measured increase. The pace of growth appeared the most rapid in 2020 when imports increased by 113%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of sulphides, dithionites and sulphoxylates to the United Arab Emirates, accounting for a 79% share of total imports. Moreover, sulphides, dithionites and sulphoxylates imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. South Korea (X tons) ranked third in terms of total imports with a 2.7% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-0.5% per year) and South Korea (+29.3% per year).

In value terms, China ($X) constituted the largest supplier of sulphides, polysulphides, dithionites and sulphoxylates to the United Arab Emirates, comprising 67% of total imports. The second position in the ranking was held by India ($X), with a 30% share of total imports. It was followed by South Korea, with a 2.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +11.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+13.9% per year) and South Korea (+23.7% per year).

Import Prices by Country

In 2022, the average sulphides, dithionites and sulphoxylates import price amounted to $X per ton, surging by 33% against the previous year. Overall, the import price recorded a strong expansion. The most prominent rate of growth was recorded in 2015 an increase of 44%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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