United Arab Emirates: Ureines Market 2024

Ureines Market Size in the United Arab Emirates

The ureines market in the United Arab Emirates was estimated at $X in 2022, with an increase of X% 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). Over the period under review, consumption, however, saw a abrupt slump. Ureines consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Ureines Exports

Exports from the United Arab Emirates

In 2022, the amount of ureines and their derivatives and salts thereof exported from the United Arab Emirates skyrocketed to X tons, picking up by X% against 2021 figures. Overall, exports, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2017 when exports increased by X% 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, ureines exports soared to $X in 2022. In general, exports enjoyed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Oman (X tons) was the main destination for ureines exports from the United Arab Emirates, accounting for a X% share of total exports. Moreover, ureines exports to Oman exceeded the volume sent to the second major destination, Bangladesh (X kg), fivefold. The third position in this ranking was held by Algeria (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Oman amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (X% per year) and Algeria (X% per year).

In value terms, Algeria ($X) emerged as the key foreign market for ureines and their derivatives and salts thereof exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was held by Oman ($X), with a X% share of total exports. It was followed by Bangladesh, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Algeria totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (X% per year) and Bangladesh (X% per year).

Export Prices by Country

In 2022, the average ureines export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price saw strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Algeria ($X per ton), while the average price for exports to India ($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 Algeria (X%), while the prices for the other major destinations experienced mixed trend patterns.

Ureines Imports

Imports into the United Arab Emirates

For the third year in a row, the United Arab Emirates recorded growth in overseas purchases of ureines and their derivatives and salts thereof, which increased by X% to X tons in 2022. Over the period under review, imports, however, saw a abrupt descent. The growth pace was the most rapid in 2016 when imports increased by X%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, ureines imports declined notably to $X in 2022. In general, imports, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest ureines supplier to the United Arab Emirates, with a X% share of total imports. Moreover, ureines imports from Germany exceeded the figures recorded by the second-largest supplier, India (X kg), more than tenfold. The third position in this ranking was held by Italy (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Italy (X% per year).

In value terms, Germany ($X) constituted the largest supplier of ureines and their derivatives and salts thereof to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the United States (X% per year).

Import Prices by Country

The average ureines import price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the import price, however, recorded modest growth. The pace of growth was the most pronounced in 2015 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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