United Arab Emirates: Articles Of Peat Market 2024

Articles Of Peat Market Size in the United Arab Emirates

The articles of peat market in the United Arab Emirates soared to $X in 2022, increasing by X% against the previous year. Over the period under review, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Articles Of Peat Production in the United Arab Emirates

In value terms, articles of peat production surged to $X in 2022 estimated in export price. In general, the total production indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Articles Of Peat Exports

Exports from the United Arab Emirates

In 2022, approx. X tons of articles of peat were exported from the United Arab Emirates; with an increase of X% on the previous year's figure. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, articles of peat exports surged to $X in 2022. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Saudi Arabia (X tons) was the main destination for articles of peat exports from the United Arab Emirates, accounting for a X% share of total exports. Moreover, articles of peat exports to Saudi Arabia exceeded the volume sent to the second major destination, Kuwait (X tons), fourfold. The third position in this ranking was taken by Oman (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (X% per year) and Oman (X% per year).

In value terms, Saudi Arabia ($X), Iraq ($X) and Oman ($X) were the largest markets for articles of peat exported from the United Arab Emirates worldwide, together accounting for X% of total exports. Singapore, Qatar, Kuwait and Bahrain lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Kuwait, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average articles of peat export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($X per ton), while the average price for exports to Kuwait ($X 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 Oman (X%), while the prices for the other major destinations experienced a decline.

Articles Of Peat Imports

Imports into the United Arab Emirates

In 2022, the amount of articles of peat imported into the United Arab Emirates skyrocketed to X tons, surging by X% compared with the previous year's figure. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, articles of peat imports skyrocketed to $X in 2022. Overall, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

India (X tons), Russia (X tons) and Vietnam (X tons) were the main suppliers of articles of peat imports to the United Arab Emirates, together comprising X% of total imports. China, Thailand, the United States, Germany, Denmark and Indonesia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) constituted the largest supplier of articles of peat to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Vietnam was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and India (X% per year).

Import Prices by Country

The average articles of peat import price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the import price recorded a deep slump. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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