Price for Lustres; Liquid Lustres and Similar Preparations in the United Arab Emirates - 2022

Contents:

  1. Price for Lustres; Liquid Lustres and Similar Preparations in the United Arab Emirates (CIF) - 2022
  2. Price for Lustres; Liquid Lustres and Similar Preparations in the United Arab Emirates (FOB) - 2022
  3. Imports of Lustres; Liquid Lustres and Similar Preparations in the United Arab Emirates
  4. Exports of Lustres; Liquid Lustres and Similar Preparations in the United Arab Emirates

Price for Lustres; Liquid Lustres and Similar Preparations in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for lustres; liquid lustres and similar preparationses amounted to $6,979 per ton, shrinking by -35.7% against the previous year. In general, the import price recorded a pronounced slump. The growth pace was the most rapid in 2019 when the average import price increased by 69%. The import price peaked at $11,275 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($12,731 per ton), while the price for Malaysia ($212 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Lustres; Liquid Lustres and Similar Preparations in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for lustres; liquid lustres and similar preparationses amounted to $114,678 per ton, with a decrease of -16.1% against the previous year. In general, the export price showed a deep reduction. The growth pace was the most rapid in 2016 when the average export price increased by 17%. The export price peaked at $215,703 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($167,694 per ton), while the average price for exports to Syrian Arab Republic ($511 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 Oman (+2.8%), while the prices for the other major destinations experienced a decline.

Imports of Lustres; Liquid Lustres and Similar Preparations in the United Arab Emirates

Imports of lustres; liquid lustres and similar preparationses into the United Arab Emirates totaled 860 tons in 2022, surging by 2.8% against 2021. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 23%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of lustres; liquid lustres and similar preparationses dropped rapidly to $6M in 2022. Over the period under review, imports, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2021 with an increase of 54% against the previous year. As a result, imports attained the peak of $9.1M, and then shrank sharply in the following year.

Import of Lustres; Liquid Lustres and Similar Preparations in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Jordan1.31.21.31.79.4%
Saudi Arabia0.70.60.81.012.6%
Spain0.1N/A0.30.344.2%
MalaysiaN/AN/AN/AN/A0%
Italy3.83.45.2N/A17.0%
PakistanN/AN/AN/AN/A0%
Others0.70.81.43.062.4%
Total6.65.99.16.0-3.1%

Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to the United Arab Emirates in 2022:

  1. Jordan (429.2 tons)
  2. Saudi Arabia (339.2 tons)
  3. Malaysia (26.4 tons)
  4. Spain (25.7 tons)
  5. Pakistan (16.1 tons)

Exports of Lustres; Liquid Lustres and Similar Preparations in the United Arab Emirates

In 2022, overseas shipments of lustres; liquid lustres and similar preparationses decreased by -33.9% to 16 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 263%. As a result, the exports reached the peak of 29 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of lustres; liquid lustres and similar preparationses contracted sharply to $1.9M in 2022. In general, exports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2020 when exports increased by 236%. As a result, the exports reached the peak of $3.8M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Lustres; Liquid Lustres and Similar Preparations in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia5682,3271,2971,29831.7%
Oman20186827151436.7%
ChinaN/AN/AN/A4.90%
Syrian Arab RepublicN/AN/AN/A1.70%
SudanN/AN/AN/A1.60%
MozambiqueN/AN/A23.6N/A0%
Iran57.35081,727N/A449.0%
Others29459.561.754.2-43.1%
Total1,1193,7623,3811,87418.8%

Top Export Markets for Lustres; Liquid Lustres and Similar Preparations from the United Arab Emirates in 2022:

  1. Saudi Arabia (8.7 tons)
  2. Syrian Arab Republic (3.3 tons)
  3. Oman (3.1 tons)
  4. China (0.7 tons)
  5. Sudan (0.3 tons)

Source: IndexBox Market Intelligence Platform

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