Sulphates; of Aluminium Price in the United Arab Emirates - 2021

Contents:

  1. Sulphates; of Aluminium Price in the United Arab Emirates (CIF) - 2022
  2. Sulphates; of Aluminium Price in the United Arab Emirates (FOB) - 2022
  3. Sulphates; of Aluminium Imports in the United Arab Emirates
  4. Sulphates; of Aluminium Exports in the United Arab Emirates

Sulphates; of Aluminium Price in the United Arab Emirates (CIF) - 2022

The average sulphates; of aluminium import price stood at $268 per ton in 2022, shrinking by -8.6% against the previous year. Overall, the import price recorded a pronounced curtailment. The growth pace was the most rapid in 2020 an increase of 18%. Over the period under review, average import prices reached the peak figure at $384 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($318 per ton), while the price for Turkey totaled $213 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.6%), while the prices for the other major suppliers experienced a decline.

Sulphates; of Aluminium Price in the United Arab Emirates (FOB) - 2022

The average sulphates; of aluminium export price stood at $287 per ton in 2022, approximately equating the previous year. Over the period under review, the export price, however, continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 an increase of 8.7% against the previous year. The export price peaked at $963 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($505 per ton), while the average price for exports to Rwanda ($192 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 Zimbabwe (+23.4%), while the prices for the other major destinations experienced a decline.

Sulphates; of Aluminium Imports in the United Arab Emirates

In 2022, the amount of sulphates; of aluminia imported into the United Arab Emirates reduced rapidly to 5.1K tons, with a decrease of -15.1% against 2021 figures. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +6.2% 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 +43.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 69% against the previous year. As a result, imports reached the peak of 6.1K tons, and then reduced markedly in the following year.

In value terms, sulphates; of aluminium imports fell rapidly to $1.4M in 2022. In general, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 81%. As a result, imports reached the peak of $1.8M, and then fell sharply in the following year.

Import of Sulphates; of Aluminium in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey22145176178552.6%
India4002284884453.6%
China14599.9150N/A1.7%
Slovenia112N/AN/AN/A0%
Others1232023751486.4%
Total1,0019821,7741,37811.2%

Top Suppliers of Sulphates; of Aluminium to the United Arab Emirates in 2022:

  1. Turkey (3.7K tons)
  2. India (1.4K tons)

Sulphates; of Aluminium Exports in the United Arab Emirates

In 2022, approx. 653 tons of sulphates; of aluminia were exported from the United Arab Emirates; leveling off at the previous year's figure. Overall, exports saw a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 1.8%.

In value terms, sulphates; of aluminium exports declined to $187K in 2022. Over the period under review, exports continue to indicate a pronounced setback. The pace of growth was the most pronounced in 2021 with an increase of 1.5% against the previous year.

Export of Sulphates; of Aluminium in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TanzaniaN/AN/AN/A1720%
BahrainN/AN/AN/A8.40%
RwandaN/AN/A1.16.4481.8%
Cote d'IvoireN/A31.1N/AN/A0%
Oman192152180N/A-3.2%
Others11.43.07.70.2-74.0%
Total204186189187-2.9%

Top Export Markets for Sulphates; of Aluminium from the United Arab Emirates in 2022:

  1. Tanzania (603.5 tons)
  2. Rwanda (33.1 tons)
  3. Bahrain (16.6 tons)

Source: IndexBox Market Intelligence Platform

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