United Arab Emirates: Titanium Dioxide Pigments Market 2024

Titanium Dioxide Pigments Market Size in the United Arab Emirates

In 2021, the titanium dioxide pigments market in the United Arab Emirates increased by 37% to $X, rising for the third consecutive year after two years of decline. Overall, consumption enjoyed a strong increase. Over the period under review, the market reached the maximum level in 2021 and is likely to see gradual growth in the immediate term.

Titanium Dioxide Pigments Exports

Exports from the United Arab Emirates

In 2021, shipments abroad of titanium dioxide pigments and colouring preparations decreased by -17.6% to X tons, falling for the fourth consecutive year after three years of growth. Over the period under review, exports, however, enjoyed modest growth. The most prominent rate of growth was recorded in 2017 with an increase of 109% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, titanium dioxide pigments exports dropped to $X in 2021. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 149%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Oman (X tons), India (X tons) and Kenya (X tons) were the main destinations of titanium dioxide pigments exports from the United Arab Emirates, together comprising 69% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kenya (with a CAGR of +97.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for titanium dioxide pigments exported from the United Arab Emirates were Oman ($X), India ($X) and Tanzania ($X), with a combined 62% share of total exports. Kenya, Sri Lanka, Madagascar, Pakistan, Ukraine, Australia and Angola lagged somewhat behind, together comprising a further 27%.

In terms of the main countries of destination, Kenya, with a CAGR of +99.5%, 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

The average titanium dioxide pigments export price stood at $X per ton in 2021, picking up by 7.6% against the previous year. Overall, the export price, however, saw a pronounced decrease. The growth pace was the most rapid in 2017 when the average export price increased by 19% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while the average price for exports to Angola ($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 Iran (+23.8%), while the prices for the other major destinations experienced more modest paces of growth.

Titanium Dioxide Pigments Imports

Imports into the United Arab Emirates

Titanium dioxide pigments imports into the United Arab Emirates expanded sharply to X tons in 2021, increasing by 14% on 2020. Overall, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +101.2% against 2018 indices. The pace of growth appeared the most rapid in 2019 when imports increased by 66%. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, titanium dioxide pigments imports surged to $X in 2021. In general, imports continue to indicate strong growth. The growth pace was the most rapid in 2019 with an increase of 42%. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest titanium dioxide pigments supplier to the United Arab Emirates, accounting for a 72% share of total imports. Moreover, titanium dioxide pigments imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. India (X tons) ranked third in terms of total imports with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +26.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.0% per year) and India (+1.1% per year).

In value terms, China ($X) constituted the largest supplier of titanium dioxide pigments and colouring preparations to the United Arab Emirates, comprising 71% of total imports. The second position in the ranking was held by Germany ($X), with a 5.8% share of total imports. It was followed by Saudi Arabia, with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +23.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-3.4% per year) and Saudi Arabia (-14.5% per year).

Import Prices by Country

The average titanium dioxide pigments import price stood at $X per ton in 2021, with an increase of 22% against the previous year. In general, the import price, however, saw a noticeable decrease. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, 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 Japan ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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