Price for Alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives in the United Arab Emirates - 2022

Contents:

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

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

In 2022, the average import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses amounted to $340 per ton, which is down by -53.8% against the previous year. Over the period under review, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 25%. The import price peaked at $1,357 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($358 per ton), while the price for the Netherlands ($146 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $6,753 per ton in 2022, declining by -16.7% against the previous year. Overall, the export price, however, showed prominent growth. The pace of growth was the most pronounced in 2021 an increase of 143%. As a result, the export price reached the peak level of $8,110 per ton, and then shrank significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($16,083 per ton), while the average price for exports to Democratic Republic of the Congo ($501 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 Saudi Arabia (+65.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses were finally on the rise to reach 32K tons after two years of decline. Over the period under review, imports, however, recorded a abrupt contraction.

In value terms, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses dropped sharply to $11M in 2022. In general, imports, however, continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2021 when imports increased by 10% against the previous year.

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

1. India (15.3K tons)
2. China (14.2K tons)
3. Netherlands (1.3K tons)
4. Poland (0.6K tons)

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

In 2022, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses from the United Arab Emirates surged to 682 tons, increasing by 149% compared with 2021 figures. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 243% against the previous year. As a result, the exports attained the peak of 1.1K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses surged to $4.6M in 2022. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 133% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. Saudi Arabia (294.5 tons)
2. India (192.2 tons)
3. Bahrain (43.9 tons)
4. Democratic Republic of the Congo (39.4 tons)
5. Kuwait (25.0 tons)
6. Qatar (15.6 tons)
7. Jordan (13.1 tons)
8. Iran (0.3 tons)

Source: IndexBox Market Intelligence Platform