United Arab Emirates: Articles Of Zinc Market 2024

Articles Of Zinc Market Size in the United Arab Emirates

The articles of zinc market in the United Arab Emirates dropped notably to $X in 2022, which is down by X% against the previous year. In general, consumption recorded a pronounced downturn. As a result, consumption reached the peak level of $X, and then declined remarkably in the following year.

Articles Of Zinc Production in the United Arab Emirates

In value terms, articles of zinc production amounted to $X in 2022 estimated in export price. Overall, production saw a strong expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Articles Of Zinc Exports

Exports from the United Arab Emirates

After three years of decline, overseas shipments of articles of zinc increased by X% to X tons in 2022. Over the period under review, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, articles of zinc exports skyrocketed to $X in 2022. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2017 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Oman (X tons), Nigeria (X tons) and Bahrain (X tons) were the main destinations of articles of zinc exports from the United Arab Emirates, with a combined X% share of total exports. Senegal, China, Qatar, Saudi Arabia, Democratic Republic of the Congo, Sierra Leone, Congo, Comoros and Chad lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of X.8%), while the other leaders experienced more modest paces of growth.

In value terms, Oman ($X) remains the key foreign market for articles of zinc exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total exports. It was followed by China, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Oman amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (X% per year) and China (X% per year).

Export Prices by Country

The average articles of zinc export price stood at $X per ton in 2022, waning by X% against the previous year. In general, export price indicated a measured expansion from 2012 to 2022: its price 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. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The export price peaked at $X per ton in 2021, and then contracted notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Senegal ($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 Democratic Republic of the Congo (X%), while the prices for the other major destinations experienced more modest paces of growth.

Articles Of Zinc Imports

Imports into the United Arab Emirates

In 2022, the amount of articles of zinc imported into the United Arab Emirates surged to X tons, with an increase of X% against the previous year. In general, imports continue to indicate a noticeable increase. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, articles of zinc imports fell modestly to $X in 2022. Overall, imports posted a mild increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest articles of zinc supplier to the United Arab Emirates, with a X% share of total imports. Moreover, articles of zinc imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), tenfold. The third position in this ranking was taken by the UK (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the UK (X% per year).

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

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

Import Prices by Country

In 2022, the average articles of zinc import price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price showed a slight decline. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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