Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in the United Arab Emirates - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in the United Arab Emirates (CIF) - 2022
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in the United Arab Emirates (FOB) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in the United Arab Emirates
- Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in the United Arab Emirates
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in the United Arab Emirates (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $1,710 per ton in 2022, declining by -3.6% against the previous year. Overall, the import price showed a slight curtailment. The most prominent rate of growth was recorded in 2021 an increase of 66% against the previous year. The import price peaked at $2,743 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 Germany ($5,414 per ton), while the price for China ($1,304 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.5%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in the United Arab Emirates (FOB) - 2022
The average export price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $2,445 per ton in 2022, growing by 14% against the previous year. In general, the export price recorded a resilient expansion. The pace of growth was the most pronounced in 2015 an increase of 212%. As a result, the export price reached the peak level of $6,158 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Israel.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +121.6% per year.
Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in the United Arab Emirates
For the fourth year in a row, the United Arab Emirates recorded growth in supplies from abroad of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses, which increased by 16% to 3K tons in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 79%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses rose notably to $5.1M in 2022. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 197%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
| Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 0.6 | 0.6 | 1.5 | 2.4 | 58.7% |
| India | 1.0 | 0.7 | 2.8 | 2.2 | 30.1% |
| China | N/A | 0.1 | 0.1 | 0.5 | 123.6% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 1.7 | 1.5 | 4.5 | 5.1 | 44.2% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to the United Arab Emirates in 2022:
- South Korea (1348.4 tons)
- India (1250.9 tons)
- China (348.5 tons)
Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in the United Arab Emirates
In 2022, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses from the United Arab Emirates soared to 6.5 tons, with an increase of 41% compared with 2021. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 109%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses skyrocketed to $16K in 2022. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | N/A | N/A | N/A | 16.0 | 0% |
| Tanzania | 0.1 | N/A | 1.0 | N/A | 216.2% |
| Oman | N/A | 0.1 | 0.8 | N/A | 700.0% |
| Iran | 6.0 | 6.6 | 3.7 | N/A | -21.5% |
| Saudi Arabia | N/A | 1.1 | 2.8 | N/A | 154.5% |
| Others | 0.1 | N/A | 1.6 | N/A | 300.0% |
| Total | 6.2 | 7.8 | 9.9 | 16.0 | 37.2% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids from the United Arab Emirates in 2022:
- Israel (6.5 tons)
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