Report United Arab Emirates - Artificial and Prepared Waxes of Polyethylene Glycol - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 5, 2022

United Arab Emirates - Artificial and Prepared Waxes of Polyethylene Glycol - Market Analysis, Forecast, Size, Trends and Insights

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United Arab Emirates: Polyethylene Glycol Wax Market 2022

Polyethylene Glycol Wax Market Size in the United Arab Emirates

In 2021, the polyethylene glycol wax market in the United Arab Emirates increased by 15% to $X, rising for the third consecutive year after two years of decline. In general, consumption continues to indicate strong growth. Over the period under review, the market hit record highs in 2021 and is likely to see gradual growth in years to come.

Polyethylene Glycol Wax Exports

Exports from the United Arab Emirates

In 2021, shipments abroad of artificial and prepared waxes of polyethylene glycol decreased by -89.5% to X tons for the first time since 2017, thus ending a three-year rising trend. Over the period under review, exports recorded a perceptible setback. The pace of growth appeared the most rapid in 2014 with an increase of 269% against the previous year. The exports peaked at X tons in 2020, and then shrank significantly in the following year.

In value terms, polyethylene glycol wax exports dropped markedly to $X in 2021. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 165% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Pakistan (X tons) was the main destination for polyethylene glycol wax exports from the United Arab Emirates, accounting for a 68% share of total exports. Moreover, polyethylene glycol wax exports to Pakistan exceeded the volume sent to the second major destination, Oman (X tons), eightfold. Nigeria (X tons) ranked third in terms of total exports with a 7.4% share.

From 2012 to 2021, the average annual growth rate of volume to Pakistan stood at +113.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (-19.9% per year) and Nigeria (-20.7% per year).

In value terms, Pakistan ($X) remains the key foreign market for polyethylene glycol wax exports from the United Arab Emirates, comprising 45% of total exports. The second position in the ranking was taken by Mexico ($X), with a 12% share of total exports. It was followed by Saudi Arabia, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Pakistan amounted to +89.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (0.0% per year) and Saudi Arabia (0.0% per year).

Export Prices by Country

The average polyethylene glycol wax export price stood at $X per ton in 2021, growing by 147% against the previous year. Over the period under review, the export price saw a noticeable expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+42.6%), while the prices for the other major destinations experienced mixed trend patterns.

Polyethylene Glycol Wax Imports

Imports into the United Arab Emirates

For the fifth year in a row, the United Arab Emirates recorded growth in purchases abroad of artificial and prepared waxes of polyethylene glycol, which increased by 0.6% to X tons in 2021. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2019 with an increase of 371% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, polyethylene glycol wax imports surged to $X in 2021. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of 321% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, South Korea (X tons) constituted the largest polyethylene glycol wax supplier to the United Arab Emirates, accounting for a 84% share of total imports. Moreover, polyethylene glycol wax imports from South Korea exceeded the figures recorded by the second-largest supplier, Russia (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from South Korea stood at +102.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+163.5% per year) and Democratic People's Republic of Korea (0.0% per year).

In value terms, South Korea ($X) constituted the largest supplier of polyethylene glycol wax to the United Arab Emirates, comprising 81% of total imports. The second position in the ranking was held by Russia ($X), with a 4.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from South Korea totaled +94.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+139.4% per year) and Democratic People's Republic of Korea (0.0% per year).

Import Prices by Country

In 2021, the average polyethylene glycol wax import price amounted to $X per ton, picking up by 32% against the previous year. In general, the import price, however, showed a abrupt shrinkage. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was South Korea ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (-4.0%).

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for artificial and prepared waxes of polyethylene glycol in the world?
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The countries with the highest volumes of consumption in 2021 were China, India and the United States, together comprising 46% of global consumption. These countries were followed by Turkey, Brazil, Japan, Mexico, the UK, Russia, South Korea, Germany, France and Italy, which together accounted for a further 28%.
What are the largest producers of artificial and prepared waxes of polyethylene glycol in the world?
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The countries with the highest volumes of production in 2021 were China, South Korea and the United States, together comprising 45% of global production. These countries were followed by India, Germany, Russia, Brazil, Belgium, Japan, Mexico, the UK and Iran, which together accounted for a further 38%.
What are the leading suppliers of artificial and prepared waxes of polyethylene glycol to the United Arab Emirates?
+
In value terms, South Korea constituted the largest supplier of polyethylene glycol wax to the United Arab Emirates, comprising 81% of total imports. The second position in the ranking was held by Russia, with a 4.1% share of total imports.
What are the leading importers of artificial and prepared waxes of polyethylene glycol from the United Arab Emirates?
+
In value terms, Pakistan remains the key foreign market for polyethylene glycol wax exports from the United Arab Emirates, comprising 45% of total exports. The second position in the ranking was held by Mexico, with a 12% share of total exports. It was followed by Saudi Arabia, with an 11% share.
What is the average export price for artificial and prepared waxes of polyethylene glycol in the United Arab Emirates?
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The average polyethylene glycol wax export price stood at $2,854 per ton in 2021, surging by 147% against the previous year.
What is the average import price for artificial and prepared waxes of polyethylene glycol in the United Arab Emirates?
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The average polyethylene glycol wax import price stood at $1,480 per ton in 2021, increasing by 32% against the previous year.

This report provides an in-depth analysis of the polyethylene glycol wax market in the United Arab Emirates. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 20414270 - Artificial and prepared waxes of polyethylene glycol
Country coverage:
• United Arab Emirates

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the United Arab Emirates
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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