Price for Waste, Parings and Scrap, of Plastics in the United Arab Emirates - 2022

Contents:

1. Price for Waste, Parings and Scrap, of Plastics in the United Arab Emirates (FOB) - 2022
2. Price for Waste, Parings and Scrap, of Plastics in the United Arab Emirates (CIF) - 2022
3. Exports of Waste, Parings and Scrap, of Plastics in the United Arab Emirates
4. Imports of Waste, Parings and Scrap, of Plastics in the United Arab Emirates

Price for Waste, Parings and Scrap, of Plastics in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for waste, parings and scrap, of plasticses amounted to $552 per ton, surging by 2.2% against the previous year. Over the period under review, the export price, however, recorded a noticeable decrease. The growth pace was the most rapid in 2017 when the average export price increased by 31%. The export price peaked at $699 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($1,989 per ton), while the average price for exports to Pakistan ($329 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 Uzbekistan (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Waste, Parings and Scrap, of Plastics in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for waste, parings and scrap, of plasticses amounted to $691 per ton, increasing by 23% against the previous year. In general, the import price, however, recorded a noticeable reduction. Over the period under review, average import prices attained the maximum at $1,054 per ton in 2015; however, from 2016 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 Turkey ($2,392 per ton), while the price for the UK ($187 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Yemen (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Waste, Parings and Scrap, of Plastics in the United Arab Emirates

Exports of waste, parings and scrap, of plasticses from the United Arab Emirates contracted markedly to 5.1K tons in 2022, waning by -79.4% compared with 2021 figures. In general, exports showed a significant decline. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year.

In value terms, exports of waste, parings and scrap, of plasticses shrank markedly to $2.8M in 2022. Over the period under review, exports continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2021 when exports increased by 74%. As a result, the exports attained the peak of $13M, and then shrank remarkably in the following year.

Top Export Markets for Waste, Parings and Scrap, of Plastics from the United Arab Emirates in 2022:

1. Pakistan (2600.1 tons)
2. Egypt (598.0 tons)
3. India (421.2 tons)
4. Taiwan (Chinese) (322.2 tons)
5. Uzbekistan (256.0 tons)
6. Turkey (239.9 tons)
7. Italy (144.9 tons)
8. Oman (138.3 tons)

Imports of Waste, Parings and Scrap, of Plastics in the United Arab Emirates

In 2022, overseas purchases of waste, parings and scrap, of plasticses decreased by -84.5% to 2.5K tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2020 when imports increased by 18% against the previous year. As a result, imports attained the peak of 19K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of waste, parings and scrap, of plasticses fell remarkably to $1.8M in 2022. In general, imports faced a sharp decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 18% against the previous year. As a result, imports attained the peak of $11M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Waste, Parings and Scrap, of Plastics to the United Arab Emirates in 2022:

1. China (1438.5 tons)
2. Thailand (345.0 tons)
3. Indonesia (192.0 tons)
4. Yemen (169.4 tons)
5. Bangladesh (147.3 tons)
6. Pakistan (73.4 tons)
7. United States (3.8 tons)
8. Italy (0.5 tons)
9. Qatar (0.4 tons)

Source: IndexBox Market Intelligence Platform