United Arab Emirates - Silicones (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSilicone Price in the United Arab Emirates - 2021
Contents:
- Silicone Price in the United Arab Emirates (CIF) - 2022
- Silicone Price in the United Arab Emirates (FOB) - 2022
- Silicone Imports in the United Arab Emirates
- Silicone Exports in the United Arab Emirates
Silicone Price in the United Arab Emirates (CIF) - 2022
The average silicone import price stood at $6,726 per ton in 2022, jumping by 70% against the previous year. Overall, the import price continues to indicate prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($7,583 per ton), while the price for China ($2,731 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Silicone Price in the United Arab Emirates (FOB) - 2022
In 2022, the average silicone export price amounted to $4,860 per ton, increasing by 12% against the previous year. Overall, the export price recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 an increase of 55%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($13,257 per ton), while the average price for exports to Rwanda ($529 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 Iran (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.
Silicone Imports in the United Arab Emirates
In 2022, the amount of silicones (in primary forms) imported into the United Arab Emirates reduced slightly to 22K tons, declining by -3.5% compared with 2021. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +10.6% 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 +35.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 40%. As a result, imports attained the peak of 23K tons, and then reduced modestly in the following year.
In value terms, silicone imports skyrocketed to $147M in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 82%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Silicone in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.0 | 17.5 | 44.5 | 34.9 | 39.0% |
| Belgium | 9.6 | 9.2 | 8.8 | 6.1 | -14.0% |
| Netherlands | 0.8 | 0.8 | 1.4 | 3.7 | 66.6% |
| United States | 2.6 | 2.2 | 1.8 | 1.8 | -11.5% |
| South Korea | 3.9 | 1.3 | 1.1 | N/A | -46.9% |
| India | 2.6 | 1.5 | 2.8 | N/A | 3.8% |
| Others | 20.9 | 16.8 | 29.4 | 101 | 69.1% |
| Total | 53.4 | 49.4 | 89.8 | 147 | 40.1% |
Top Suppliers of Silicone to the United Arab Emirates in 2022:
- China (12.8K tons)
- Belgium (1.3K tons)
- Netherlands (0.5K tons)
- United States (0.3K tons)
Silicone Exports in the United Arab Emirates
In 2022, exports of silicones (in primary forms) from the United Arab Emirates declined significantly to 1.4K tons, reducing by -67.1% against the previous year's figure. Over the period under review, exports continue to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 28% against the previous year.
In value terms, silicone exports declined dramatically to $6.6M in 2022. In general, exports continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2021 with an increase of 67%.
| Export of Silicone in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 26.1 | 5.8 | 93.5 | 1,999 | 324.7% |
| Hong Kong SAR | N/A | N/A | N/A | 1,010 | 0% |
| Turkey | N/A | 1.7 | 0.1 | 834 | 2114.9% |
| Egypt | N/A | 122 | 140 | 348 | 68.9% |
| Hungary | N/A | N/A | 652 | 160 | -75.5% |
| Mozambique | 59.2 | 42.2 | 71.6 | 118 | 25.9% |
| Rwanda | 12.6 | 7.3 | 23.4 | 43.7 | 51.4% |
| India | 197 | 1,318 | 1,336 | N/A | 160.4% |
| Zambia | 75.5 | 81.1 | 181 | N/A | 54.8% |
| Oman | 1,596 | 1,415 | 1,495 | N/A | -3.2% |
| Saudi Arabia | 4,433 | 126 | 58.6 | N/A | -88.5% |
| Others | 13,922 | 7,650 | 13,925 | 2,096 | -46.8% |
| Total | 20,321 | 10,770 | 17,976 | 6,609 | -31.2% |
Top Export Markets for Silicone from the United Arab Emirates in 2022:
- United States (486.9 tons)
- Turkey (308.1 tons)
- Egypt (84.9 tons)
- Rwanda (82.6 tons)
- Hong Kong SAR (76.2 tons)
- Hungary (54.0 tons)
- Mozambique (46.9 tons)
This report provides an in-depth analysis of the silicone market 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 20165700 - Silicones, in primary forms
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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