Sulphites; Thiosulphates Price in the United Arab Emirates - 2021

Contents:

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

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

The average sulphites; thiosulphates import price stood at $667 per ton in 2022, shrinking by -9.1% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the average import price increased by 47%. The import price peaked at $734 per ton in 2021, and then fell in the following year.

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 Thailand ($848 per ton), while the price for China ($563 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average sulphites; thiosulphates export price amounted to $915 per ton, rising by 46% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Kuwait ($1,215 per ton), while the average price for exports to Iran ($585 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 Congo (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphites; Thiosulphates Imports in the United Arab Emirates

In 2022, imports of sulphites; thiosulphateses into the United Arab Emirates soared to 11K tons, growing by 22% on the year before. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 26%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, sulphites; thiosulphates imports expanded remarkably to $7.4M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 36% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

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

1. India (4.1K tons)
2. China (2.0K tons)
3. Germany (2.0K tons)
4. Saudi Arabia (1.3K tons)
5. Thailand (0.8K tons)
6. United Kingdom (0.5K tons)
7. Turkey (0.2K tons)
8. Italy (0.2K tons)

Sulphites; Thiosulphates Exports in the United Arab Emirates

In 2022, after two years of decline, there was significant growth in overseas shipments of sulphites; thiosulphateses, when their volume increased by 139% to 2.9K tons. In general, exports posted a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphites; thiosulphates exports skyrocketed to $2.6M in 2022. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Iraq (1007.3 tons)
2. Oman (862.5 tons)
3. Congo (194.2 tons)
4. Kuwait (172.6 tons)
5. Saudi Arabia (143.4 tons)
6. Iran (104.5 tons)
7. Algeria (73.1 tons)

Source: IndexBox Market Intelligence Platform