United Arab Emirates - Ethylene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEthylene Price in the United Arab Emirates - 2021
Contents:
- Ethylene Price in the United Arab Emirates (CIF) - 2022
- Ethylene Price in the United Arab Emirates (FOB) - 2022
- Ethylene Imports in the United Arab Emirates
- Ethylene Exports in the United Arab Emirates
Ethylene Price in the United Arab Emirates (CIF) - 2022
The average ethylene import price stood at $1,007 per ton in 2022, declining by -24.7% against the previous year. Over the period under review, the import price recorded a abrupt slump. The pace of growth appeared the most rapid in 2018 an increase of 82% against the previous year. As a result, import price reached the peak level of $8,665 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
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 South Korea ($41,072 per ton), while the price for the United States ($2,651 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Ethylene Price in the United Arab Emirates (FOB) - 2022
In 2022, the average ethylene export price amounted to $1,117 per ton, rising by 2.8% against the previous year. Over the period under review, the export price, however, continues to indicate a mild shrinkage. The growth pace was the most rapid in 2021 when the average export price increased by 38% against the previous year. Over the period under review, the average export prices hit record highs at $1,378 per ton in 2014; however, from 2015 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 Pakistan ($1,928 per ton), while the average price for exports to Indonesia ($736 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 Pakistan (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.
Ethylene Imports in the United Arab Emirates
Ethylene imports into the United Arab Emirates soared to 6.8K tons in 2022, jumping by 3,950% compared with 2021. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 34,648%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, ethylene imports soared to $6.9M in 2022. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 21,679% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Ethylene in the United Arab Emirates (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 4.4 | 60.1 | 194 | 76.7 | 159.3% |
United States | 7.4 | 43.1 | 6.8 | 75.3 | 116.7% |
Saudi Arabia | 3.3 | 15.0 | 19.0 | 17.8 | 75.4% |
Others | 9.3 | 5,219 | 5.5 | 6,704 | 796.6% |
Total | 24.5 | 5,337 | 225 | 6,874 | 554.7% |
Top Suppliers of Ethylene to the United Arab Emirates in 2022:
- United States (undefinedK tons)
- Saudi Arabia (undefinedK tons)
- South Korea (undefinedK tons)
Ethylene Exports in the United Arab Emirates
In 2022, approx. 262K tons of ethylene were exported from the United Arab Emirates; with an increase of 38% against the year before. The total export volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.
In value terms, ethylene exports skyrocketed to $292M in 2022. The total export value increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Ethylene in the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 26.0 | 30.9 | 35.8 | 47.9 | 22.6% |
Indonesia | 33.5 | 55.2 | 32.2 | 43.7 | 9.3% |
China | 43.6 | 56.2 | 15.8 | 41.5 | -1.6% |
Philippines | 26.6 | 14.4 | 18.0 | 21.3 | -7.1% |
Romania | 15.8 | 8.5 | 18.1 | 20.3 | 8.7% |
Pakistan | 17.1 | 22.1 | 17.0 | 14.0 | -6.4% |
Belgium | 8.1 | 6.9 | 5.6 | 7.4 | -3.0% |
Others | 65.6 | 16.9 | 63.3 | 96.4 | 13.7% |
Total | 236 | 211 | 206 | 292 | 7.4% |
Top Export Markets for Ethylene from the United Arab Emirates in 2022:
- Indonesia (59.3K tons)
- China (56.1K tons)
- Germany (39.3K tons)
- Philippines (28.0K tons)
- Romania (15.2K tons)
- Belgium (7.6K tons)
- Pakistan (7.3K tons)
This report provides an in-depth analysis of the ethylene market in the United Arab Emirates. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20141130 - Ethylene
Country coverage:
- United Arab Emirates
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the United Arab Emirates
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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