Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in the United Arab Emirates - 2022

Contents:

1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in the United Arab Emirates (CIF) - 2022
2. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in the United Arab Emirates (FOB) - 2022
3. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in the United Arab Emirates
4. Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in the United Arab Emirates

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in the United Arab Emirates (CIF) - 2022

The average import price for millstones, grindstones, grinding wheels and the like; of natural stones stood at less than $0.1 per unit in 2022, which is down by -65.4% against the previous year. In general, the import price faced a abrupt downturn. The most prominent rate of growth was recorded in 2019 an increase of 26% against the previous year. As a result, import price attained the peak level of $0.2 per unit. From 2020 to 2022, the average import prices remained at a lower figure.

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 China ($0.2 per unit), while the price for Afghanistan (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to less than $0.1 per unit, with a decrease of -54.9% against the previous year. Over the period under review, the export price recorded a pronounced decrease. The pace of growth appeared the most rapid in 2018 an increase of 79%. Over the period under review, the average export prices hit record highs at $0.2 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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 Saudi Arabia ($0.3 per unit), while the average price for exports to Palestine (less than $0.1 per unit) 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 (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in the United Arab Emirates

In 2022, the amount of millstones, grindstones, grinding wheels and the like; of natural stones imported into the United Arab Emirates surged to 29M units, jumping by 39% against 2021. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones dropped significantly to $1.3M in 2022. Overall, imports, however, faced a precipitous decrease. The pace of growth appeared the most rapid in 2020 with an increase of 4.1% against the previous year. As a result, imports reached the peak of $3.5M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to the United Arab Emirates in 2022:

1. Palestine (12.2M units)
2. Jordan (6.5M units)
3. Afghanistan (4.1M units)
4. China (3.1M units)
5. Portugal (1.5M units)
6. Indonesia (0.5M units)
7. India (0.4M units)

Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in the United Arab Emirates

In 2022, the amount of millstones, grindstones, grinding wheels and the like; of natural stones exported from the United Arab Emirates skyrocketed to 11M units, increasing by 979% on the previous year. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of millstones, grindstones, grinding wheels and the like; of natural stones soared to $313K in 2022. Over the period under review, exports continue to indicate a significant increase. Over the period under review, the exports of millstones, grindstones, grinding wheels and like; of natural stones reached the maximum at $315K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Top Export Markets for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone from the United Arab Emirates in 2022:

1. Palestine (9.4M units)
2. Qatar (0.5M units)
3. Tanzania (0.2M units)
4. Saudi Arabia (0.1M units)
5. Oman (0.1M units)

Source: IndexBox Market Intelligence Platform