United Arab Emirates: Fluorescent Brightening Agents Market 2024

Fluorescent Brightening Agents Market Size in the United Arab Emirates

The fluorescent brightening agents market in the United Arab Emirates declined dramatically to $X in 2022, with a decrease of -16.5% 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). In general, consumption, however, saw a temperate increase. Fluorescent brightening agents consumption peaked at $X in 2021, and then contracted markedly in the following year.

Fluorescent Brightening Agents Exports

Exports from the United Arab Emirates

After two years of decline, overseas shipments of synthetic organic products used as fluorescent brightening agents increased by 75% to X tons in 2022. In general, exports showed a resilient increase. The pace of growth appeared the most rapid in 2013 with an increase of 391% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, fluorescent brightening agents exports amounted to $X in 2022. Over the period under review, exports recorded a prominent increase. The pace of growth was the most pronounced in 2015 when exports increased by 81%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sri Lanka (X tons), Burundi (X tons) and the Netherlands (X tons) were the main destinations of fluorescent brightening agents exports from the United Arab Emirates, together comprising 98% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sri Lanka (with a CAGR of +270.3%), while the other leaders experienced more modest paces of growth.

In value terms, Sri Lanka ($X) emerged as the key foreign market for synthetic organic products used as fluorescent brightening agents exports from the United Arab Emirates, comprising 48% of total exports. The second position in the ranking was taken by Burundi ($X), with a 21% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Sri Lanka totaled +220.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burundi (+244.7% per year) and the Netherlands (+156.2% per year).

Export Prices by Country

The average fluorescent brightening agents export price stood at $X per ton in 2022, waning by -40.1% against the previous year. In general, the export price showed a pronounced decrease. The pace of growth was the most pronounced in 2018 an increase of 88%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a 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 the Netherlands ($X per ton), while the average price for exports to Burundi ($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 Mauritius (+171.8%), while the prices for the other major destinations experienced more modest paces of growth.

Fluorescent Brightening Agents Imports

Imports into the United Arab Emirates

In 2022, the amount of synthetic organic products used as fluorescent brightening agents imported into the United Arab Emirates shrank significantly to X tons, falling by -16.8% compared with 2021. In general, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2019 when imports increased by 433% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then reduced markedly in the following year.

In value terms, fluorescent brightening agents imports fell to $X in 2022. Overall, imports continue to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2019 with an increase of 373%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, India (X tons) constituted the largest fluorescent brightening agents supplier to the United Arab Emirates, accounting for a 71% share of total imports. Moreover, fluorescent brightening agents imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from India amounted to +31.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-5.8% per year) and South Korea (+84.2% per year).

In value terms, India ($X), China ($X) and South Korea ($X) were the largest fluorescent brightening agents suppliers to the United Arab Emirates, together accounting for 90% of total imports.

South Korea, with a CAGR of +77.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average fluorescent brightening agents import price amounted to $X per ton, increasing by 15% against the previous year. Overall, the import price, however, saw a deep downturn. The pace of growth was the most pronounced in 2016 when the average import price increased by 28%. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for India ($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 (-3.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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