United Arab Emirates: Plastic Bottle Market 2024

Plastic Bottle Market Size in the United Arab Emirates

In 2022, the plastic bottle market in the United Arab Emirates decreased by X% to $X, falling for the second consecutive year after three years of growth. In general, the total consumption indicated a slight expansion 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 reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Plastic Bottle Production in the United Arab Emirates

In value terms, plastic bottle production reached $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

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Plastic Bottle Exports

Exports from the United Arab Emirates

In 2022, the amount of carboys, bottles and similar articles of plastics exported from the United Arab Emirates expanded notably to X tons, surging by X% on the previous year's figure. Overall, exports, however, saw a perceptible descent. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, plastic bottle exports skyrocketed to $X in 2022. Over the period under review, exports saw slight growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

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

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

In value terms, Oman ($X) remains the key foreign market for carboys, bottles and similar articles of plastics exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was taken by Tunisia ($X), with an X% share of total exports. It was followed by Saudi Arabia, with a 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: Tunisia (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The average plastic bottle export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, export price indicated a strong 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. Based on 2022 figures, plastic bottle export price increased by X% against 2020 indices. The growth pace was the most rapid in 2013 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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

Plastic Bottle Imports

Imports into the United Arab Emirates

In 2022, approx. X tons of carboys, bottles and similar articles of plastics were imported into the United Arab Emirates; increasing by X% compared with 2021. Overall, total imports indicated a buoyant increase from 2012 to 2022: its volume 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, imports decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, plastic bottle imports dropped sharply to $X in 2022. Over the period under review, total imports indicated measured 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. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then reduced dramatically in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest plastic bottle supplier to the United Arab Emirates, with a X% share of total imports. Moreover, plastic bottle imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. Oman (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate 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 Oman (X% per year).

In value terms, China ($X) constituted the largest supplier of carboys, bottles and similar articles of plastics to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

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

Import Prices by Country

In 2022, the average plastic bottle import price amounted to $X per ton, shrinking by X% against the previous year. In general, the import price saw a perceptible reduction. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Spain ($X per ton), while the price for Oman ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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