United Arab Emirates - Phenols And Other Oils And Oil Products - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

United Arab Emirates - Phenols And Other Oils And Oil Products - Market Analysis, Forecast, Size, Trends And Insights

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Price for Phenols and Other Oils and Oil Products in the United Arab Emirates - 2022

Contents:

  1. Price for Phenols and Other Oils and Oil Products in the United Arab Emirates (CIF) - 2022
  2. Price for Phenols and Other Oils and Oil Products in the United Arab Emirates (FOB) - 2022
  3. Imports of Phenols and Other Oils and Oil Products in the United Arab Emirates
  4. Exports of Phenols and Other Oils and Oil Products in the United Arab Emirates

Price for Phenols and Other Oils and Oil Products in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for phenols and other oils and oil products amounted to $561 per ton, with an increase of 34% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 84% against the previous year. Over the period under review, average import prices attained the peak figure at $648 per ton in 2013; however, from 2014 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 Saudi Arabia ($543 per ton), while the price for Bahrain ($135 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+55.6%), while the prices for the other major suppliers experienced a decline.

Price for Phenols and Other Oils and Oil Products in the United Arab Emirates (FOB) - 2022

The average export price for phenols and other oils and oil products stood at $696 per ton in 2022, jumping by 36% against the previous year. In general, the export price, however, recorded a mild shrinkage. The pace of growth appeared the most rapid in 2016 when the average export price increased by 43% against the previous year. Over the period under review, the average export prices attained the peak figure at $800 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($892 per ton), while the average price for exports to Pakistan ($380 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 Belgium (+10.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Phenols and Other Oils and Oil Products in the United Arab Emirates

In 2022, supplies from abroad of phenols and other oils and oil products decreased by -94.9% to 31K tons, falling for the second year in a row after two years of growth. Overall, imports faced a precipitous setback. The pace of growth appeared the most rapid in 2020 when imports increased by 83%. As a result, imports reached the peak of 2M tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of phenols and other oils and oil products fell significantly to $17M in 2022. In general, imports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 17%. As a result, imports reached the peak of $447M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Phenols and Other Oils and Oil Products in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi ArabiaN/AN/A32.914.7-55.3%
IraqN/AN/AN/A1.10%
BahrainN/AN/A0.10.10.0%
India13945.769.20.1-91.0%
Russia165329N/AN/A99.4%
DenmarkN/A38.7N/AN/A0%
Netherlands23.70.488.6N/A93.3%
Others52.832.963.21.3-70.9%
Total38144725417.3-64.3%

Top Suppliers of Phenols and Other Oils and Oil Products to the United Arab Emirates in 2022:

  1. Saudi Arabia (27.0K tons)
  2. Iraq (2.2K tons)
  3. Bahrain (0.9K tons)
  4. India (0.2K tons)

Exports of Phenols and Other Oils and Oil Products in the United Arab Emirates

In 2022, after three years of growth, there was significant decline in overseas shipments of phenols and other oils and oil products, when their volume decreased by -86.4% to 23K tons. Over the period under review, exports recorded a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 78% against the previous year. As a result, the exports reached the peak of 166K tons, and then shrank notably in the following year.

In value terms, exports of phenols and other oils and oil products shrank notably to $16M in 2022. Overall, exports continue to indicate a precipitous setback. The growth pace was the most rapid in 2021 with an increase of 85% against the previous year. As a result, the exports reached the peak of $85M, and then declined significantly in the following year.

Export of Phenols and Other Oils and Oil Products in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi ArabiaN/A0.10.110.5924.7%
India1.66.947.82.820.5%
Vietnam5.36.15.70.9-44.6%
Sri Lanka1.10.61.30.5-23.1%
Pakistan7.23.21.60.2-69.7%
BelgiumN/A2.53.3N/A32.0%
China20.722.017.0N/A-9.4%
Malaysia4.23.16.4N/A23.4%
Others1.91.51.80.9-22.0%
Total42.045.885.015.8-27.8%

Top Export Markets for Phenols and Other Oils and Oil Products from the United Arab Emirates in 2022:

  1. Saudi Arabia (15.2K tons)
  2. India (3.8K tons)
  3. Vietnam (2.0K tons)
  4. Sri Lanka (0.6K tons)
  5. Pakistan (0.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for phenols and other oils and oil products in the United Arab Emirates. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20147360 - Phenols
  • Prodcom 20147390 - Other oils and oil products, n.e.c.

Country coverage:

  • United Arab Emirates

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the United Arab Emirates
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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