United Arab Emirates - Synthetic Rubber (Excluding Latex) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Synthetic Rubber (Excluding Latex) in the United Arab Emirates - 2021
Contents:
- Price for Synthetic Rubber (Excluding Latex) in the United Arab Emirates (CIF) - 2022
- Price for Synthetic Rubber (Excluding Latex) in the United Arab Emirates (FOB) - 2022
- Imports of Synthetic Rubber (Excluding Latex) in the United Arab Emirates
- Exports of Synthetic Rubber (Excluding Latex) in the United Arab Emirates
Price for Synthetic Rubber (Excluding Latex) in the United Arab Emirates (CIF) - 2022
The average synthetic rubber (excluding latex) import price stood at $2,277 per ton in 2021, picking up by 28% against the previous year. Overall, the import price, however, showed a pronounced curtailment. The import price peaked at $2,999 per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($3,672 per ton), while the price for Malaysia ($1,313 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Synthetic Rubber (Excluding Latex) in the United Arab Emirates (FOB) - 2022
In 2021, the average synthetic rubber (excluding latex) export price amounted to $1,680 per ton, picking up by 23% against the previous year. Overall, the export price, however, saw a abrupt downturn. Over the period under review, the average export prices attained the maximum at $3,039 per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Kuwait ($2,715 per ton), while the average price for exports to Oman ($685 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Synthetic Rubber (Excluding Latex) in the United Arab Emirates
In 2022, after three years of growth, there was significant decline in supplies from abroad of synthetic rubber (excluding latex), when their volume decreased by -23.3% to 24K tons. The total import volume increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 23%. As a result, imports reached the peak of 31K tons, and then declined significantly in the following year.
In value terms, synthetic rubber (excluding latex) imports contracted to $64M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.2% 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 +45.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. As a result, imports attained the peak of $71M, and then contracted in the following year.
| Import of Synthetic Rubber (Excluding Latex) in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | 4.1 | 5.6 | 13.5 | 81.5% | |
| South Korea | 9.2 | 8.3 | 8.9 | -1.6% | |
| Saudi Arabia | 3.9 | 3.5 | 7.8 | 41.4% | |
| Russia | 1.2 | 0.8 | 7.8 | 155.0% | |
| Japan | 3.8 | 5.0 | 6.0 | 25.7% | |
| China | 5.4 | 6.0 | 4.8 | -5.7% | |
| United States | 4.2 | 1.3 | 3.7 | -6.1% | |
| United Kingdom | 0.7 | 0.7 | 2.9 | 103.5% | |
| Taiwan (Chinese) | 2.9 | 3.5 | 2.5 | -7.2% | |
| Poland | 0.3 | 0.5 | 2.4 | 182.8% | |
| Malaysia | 2.6 | 2.1 | 1.9 | -14.5% | |
| France | 0.7 | 0.3 | 1.2 | 30.9% | |
| Brazil | 1.1 | 0.5 | 1.0 | -4.7% | |
| Others | 4.4 | 7.1 | 7.0 | 26.1% | |
| Total | 44.2 | 45.3 | 71.3 | 27.0% | |
Top Suppliers of Synthetic Rubber (Excluding Latex) to the United Arab Emirates in 2022:
- Germany (4.2K tons)
- South Korea (4.1K tons)
- Russia (4.0K tons)
- Saudi Arabia (3.6K tons)
- China (2.1K tons)
- United Kingdom (1.9K tons)
- Japan (1.6K tons)
- Malaysia (1.4K tons)
- United States (1.3K tons)
- Taiwan (Chinese) (1.1K tons)
- Poland (1.1K tons)
- France (0.8K tons)
- Brazil (0.6K tons)
Exports of Synthetic Rubber (Excluding Latex) in the United Arab Emirates
Synthetic rubber (excluding latex) exports from the United Arab Emirates declined sharply to 20K tons in 2022, which is down by -30.7% against the year before. Overall, exports showed a sharp shrinkage. The smallest decline of -17.4% was in 2020.
In value terms, synthetic rubber (excluding latex) exports dropped notably to $40M in 2022. In general, exports continue to indicate a deep downturn. The smallest decline of -2.5% was in 2021.
| Export of Synthetic Rubber (Excluding Latex) in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Iran | N/A | N/A | 13.4 | 0% | |
| Afghanistan | N/A | N/A | 3.1 | 0% | |
| Saudi Arabia | 1.6 | 0.1 | 1.9 | 9.0% | |
| Oman | 0.3 | 0.4 | 1.9 | 151.7% | |
| India | 30.1 | 21.2 | 1.7 | -76.2% | |
| Kuwait | 0.1 | 0.1 | 1.4 | 274.2% | |
| Pakistan | 4.5 | 6.1 | 0.7 | -60.6% | |
| Italy | N/A | N/A | 0.6 | 0% | |
| China | 7.3 | 7.6 | 0.1 | -88.3% | |
| Malaysia | 9.9 | 2.9 | N/A | -70.7% | |
| Indonesia | 8.7 | 7.2 | N/A | -17.2% | |
| Others | 13.7 | 5.0 | 24.4 | 33.5% | |
| Total | 76.3 | 50.6 | 49.3 | -19.6% | |
Top Export Markets for Synthetic Rubber (Excluding Latex) from the United Arab Emirates in 2022:
- Indonesia (undefinedK tons)
- Malaysia (undefinedK tons)
- China (undefinedK tons)
- Iran (5.0K tons)
- Oman (2.7K tons)
- Afghanistan (1.9K tons)
- Saudi Arabia (1.6K tons)
- India (1.1K tons)
- Italy (0.7K tons)
- Kuwait (0.5K tons)
- Pakistan (0.4K tons)
This report provides an in-depth analysis of the market for synthetic rubber (excluding latex) 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 20171090 - Synthetic rubber (excluding latex)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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