United Arab Emirates: Market for Ferro-Cerium And Pyrophoric Alloys 2024

Market Size for Ferro-Cerium And Pyrophoric Alloys in the United Arab Emirates

The ferro-cerium and pyrophoric alloys market in the United Arab Emirates contracted to $X in 2022, shrinking by X% against the previous year. Overall, the total consumption indicated perceptible 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 reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Ferro-Cerium And Pyrophoric Alloys in the United Arab Emirates

In value terms, ferro-cerium and pyrophoric alloys production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. Ferro-cerium and pyrophoric alloys production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

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Exports of Ferro-Cerium And Pyrophoric Alloys

Exports from the United Arab Emirates

In 2022, shipments abroad of ferro-cerium and pyrophoric alloys increased by X% to X tons, rising for the second year in a row after three years of decline. In general, exports posted a tangible expansion. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, ferro-cerium and pyrophoric alloys exports surged to $X in 2022. Overall, exports saw a temperate expansion. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons), Jordan (X tons) and Maldives (X tons) were the main destinations of ferro-cerium and pyrophoric alloys exports from the United Arab Emirates, with a combined X% share of total exports.

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

In value terms, the largest markets for ferro-cerium and pyrophoric alloys exported from the United Arab Emirates were the United States ($X), Jordan ($X) and Maldives ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Maldives, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average ferro-cerium and pyrophoric alloys export price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then dropped rapidly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Maldives ($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 Jordan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ferro-Cerium And Pyrophoric Alloys

Imports into the United Arab Emirates

In 2022, the amount of ferro-cerium and pyrophoric alloys imported into the United Arab Emirates reduced to X tons, approximately equating 2021 figures. Overall, imports, however, enjoyed a moderate expansion. The growth pace was the most rapid in 2018 when imports increased by X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, ferro-cerium and pyrophoric alloys imports expanded remarkably to $X in 2022. In general, imports, however, posted resilient growth. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Bahrain (X tons) constituted the largest ferro-cerium and pyrophoric alloys supplier to the United Arab Emirates, accounting for a X% share of total imports. Moreover, ferro-cerium and pyrophoric alloys imports from Bahrain exceeded the figures recorded by the second-largest supplier, the United States (X tons), tenfold. The third position in this ranking was held by Iran (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Bahrain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Iran (X% per year).

In value terms, Bahrain ($X), the United States ($X) and the Netherlands ($X) were the largest ferro-cerium and pyrophoric alloys suppliers to the United Arab Emirates, together comprising X% of total imports.

Among the main suppliers, the Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ferro-cerium and pyrophoric alloys import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat 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 Malaysia ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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