Price for Acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives in the United Arab Emirates - 2022

Contents:

  1. Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United Arab Emirates (CIF) - 2022
  2. Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United Arab Emirates (FOB) - 2022
  3. Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United Arab Emirates
  4. Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United Arab Emirates

Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United Arab Emirates (CIF) - 2022

The average import price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $769 per ton in 2022, surging by 15% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses increased by +76.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 39%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 ($2,585 per ton), while the price for Qatar ($403 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United Arab Emirates (FOB) - 2022

The average export price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $803 per ton in 2022, jumping by 186% against the previous year. Overall, the export price enjoyed temperate growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($1,517 per ton), while the average price for exports to India ($319 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 (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United Arab Emirates

In 2022, the amount of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses imported into the United Arab Emirates surged to 492K tons, jumping by 33% compared with 2021 figures. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +5.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses skyrocketed to $379M in 2022. Over the period under review, imports posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 67% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia89.655.197.216723.1%
Malaysia14.29.919.335.235.3%
South Africa8.49.814.027.949.2%
Netherlands2.23.36.827.5132.1%
South Korea15.211.310.122.113.3%
China10.719.826.017.517.8%
Germany2.810.69.913.769.8%
KuwaitN/AN/AN/A7.60%
Indonesia5.65.46.46.86.7%
QatarN/AN/AN/A6.40%
IraqN/AN/AN/A4.40%
Bahrain13.4N/A17.8N/A15.3%
Others20.622.940.242.026.8%
Total18314824837927.5%

Top Suppliers of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to the United Arab Emirates in 2022:

  1. Saudi Arabia (331.5K tons)
  2. South Africa (27.9K tons)
  3. Malaysia (19.4K tons)
  4. Netherlands (16.5K tons)
  5. Qatar (16.0K tons)
  6. China (10.9K tons)
  7. Kuwait (10.4K tons)
  8. Indonesia (9.6K tons)
  9. South Korea (8.5K tons)
  10. Iraq (8.4K tons)
  11. Germany (7.5K tons)

Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United Arab Emirates

In 2022, shipments abroad of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses decreased by -94.4% to 133K tons, falling for the second consecutive year after two years of growth. Overall, exports saw a precipitous contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 95% against the previous year. As a result, the exports reached the peak of 2.9M tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses declined dramatically to $107M in 2022. Over the period under review, exports saw a sharp decline. The most prominent rate of growth was recorded in 2020 when exports increased by 16% against the previous year. As a result, the exports attained the peak of $675M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia3.61.5N/A25.291.3%
India41.325.758.612.5-32.9%
Iran33.138.717.612.4-27.9%
IraqN/AN/AN/A10.70%
Oman4.74.42.16.813.1%
Pakistan14.27.80.55.8-25.8%
QatarN/AN/AN/A5.10%
Egypt2.32.61.33.413.9%
Sri Lanka0.10.10.23.0210.7%
BangladeshN/AN/AN/A2.20%
Kenya0.10.1N/A1.2128.9%
China4725785800.9-87.6%
Others10.916.86.517.817.8%
Total582675667107-43.1%

Top Export Markets for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from the United Arab Emirates in 2022:

  1. India (39.2K tons)
  2. Saudi Arabia (22.0K tons)
  3. Iraq (15.6K tons)
  4. Qatar (8.5K tons)
  5. Iran (8.2K tons)
  6. Oman (6.4K tons)
  7. Pakistan (6.1K tons)
  8. Egypt (4.3K tons)
  9. Bangladesh (3.3K tons)
  10. Sri Lanka (3.1K tons)
  11. China (2.2K tons)
  12. Kenya (2.0K tons)

Source: IndexBox Market Intelligence Platform

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