Sulphites; of Sodium Price in the United Arab Emirates - 2021

Contents:

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

Sulphites; of Sodium Price in the United Arab Emirates (CIF) - 2022

In 2022, the average sulphites; of sodium import price amounted to $705 per ton, jumping by 51% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($849 per ton), while the price for India ($565 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; of Sodium Price in the United Arab Emirates (FOB) - 2022

In 2022, the average sulphites; of sodium export price amounted to $908 per ton, growing by 33% against the previous year. In general, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphites; of sodium export price increased by +73.7% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of 34%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the near future.

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 Pakistan ($1,924 per ton), while the average price for exports to Saudi Arabia ($579 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 Kuwait (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphites; of Sodium Imports in the United Arab Emirates

In 2022, the amount of sulphites; of sodia imported into the United Arab Emirates soared to 7.1K tons, increasing by 26% on the previous year. Over the period under review, total imports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.1% 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 +74.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 38%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, sulphites; of sodium imports skyrocketed to $5M in 2022. Overall, imports posted a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Sulphites; of Sodium to the United Arab Emirates in 2022:

1. Germany (1917.7 tons)
2. China (1914.6 tons)
3. Saudi Arabia (1160.1 tons)
4. India (1081.8 tons)
5. Thailand (797.5 tons)
6. Turkey (184.3 tons)
7. Italy (16.9 tons)

Sulphites; of Sodium Exports in the United Arab Emirates

Sulphites; of sodium exports from the United Arab Emirates skyrocketed to 1.2K tons in 2022, rising by 29% on the year before. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.5% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 31%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, sulphites; of sodium exports soared to $1M in 2022. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Sulphites; of Sodium from the United Arab Emirates in 2022:

1. Oman (593.1 tons)
2. Iraq (148.9 tons)
3. Iran (104.5 tons)
4. Kuwait (58.5 tons)
5. Saudi Arabia (52.3 tons)
6. Pakistan (46.8 tons)
7. India (25.5 tons)
8. Vietnam (24.1 tons)
9. Egypt (11.6 tons)

Source: IndexBox Market Intelligence Platform