Metals; Palladium, Semi-Manufactured Price in the United Arab Emirates - 2021

Contents:

1. Metals; Palladium, Semi-Manufactured Price in the United Arab Emirates (CIF) - 2022
2. Metals; Palladium, Semi-Manufactured Price in the United Arab Emirates (FOB) - 2022
3. Metals; Palladium, Semi-Manufactured Imports in the United Arab Emirates
4. Metals; Palladium, Semi-Manufactured Exports in the United Arab Emirates

Metals; Palladium, Semi-Manufactured Price in the United Arab Emirates (CIF) - 2022

The average metals; palladium, semi-manufactured import price stood at $984,075 per ton in 2022, dropping by -84.2% against the previous year. Over the period under review, the import price continues to indicate a dramatic decrease. The growth pace was the most rapid in 2015 an increase of 70%. Over the period under review, average import prices reached the maximum at $18,924,000 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +28.1% per year.

Metals; Palladium, Semi-Manufactured Price in the United Arab Emirates (FOB) - 2022

The average metals; palladium, semi-manufactured export price stood at $52,516,543 per ton in 2022, picking up by 1,424% against the previous year. In general, the export price continues to indicate a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Iraq ($60,063,700 per ton), while the average price for exports to Kuwait ($71,000 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 Kuwait (+53.2%), while the prices for the other major destinations experienced mixed trend patterns.

Metals; Palladium, Semi-Manufactured Imports in the United Arab Emirates

In 2022, approx. 2 tons of metals; palladium, semi-manufactureds were imported into the United Arab Emirates; with an increase of 18,355% on 2021. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metals; palladium, semi-manufactured imports surged to $2M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Metals; Palladium, Semi-Manufactured to the United Arab Emirates in 2022:

1. Russia (2021.0 kg)
2. United Kingdom (1.0 kg)

Metals; Palladium, Semi-Manufactured Exports in the United Arab Emirates

In 2022, metals; palladium, semi-manufactured exports from the United Arab Emirates soared to 35 kg, rising by 483% against the previous year. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metals; palladium, semi-manufactured exports skyrocketed to $1.8M in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Metals; Palladium, Semi-Manufactured from the United Arab Emirates in 2022:

1. Iraq (30.0 kg)
2. Italy (2.0 kg)
3. Switzerland (1.0 kg)
4. Kuwait (1.0 kg)
5. Saudi Arabia (1.0 kg)

Source: IndexBox Market Intelligence Platform