United Arab Emirates: Market for Hydroxide And Peroxide Of Magnesium, Oxides, Hydroxides And Peroxides Of Strontium Or Barium 2024

Market Size for Hydroxide And Peroxide Of Magnesium, Oxides, Hydroxides And Peroxides Of Strontium Or Barium in the United Arab Emirates

The magnesium hydroxide and peroxide market in the United Arab Emirates fell dramatically to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption showed a abrupt curtailment. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Hydroxide And Peroxide Of Magnesium, Oxides, Hydroxides And Peroxides Of Strontium Or Barium in the United Arab Emirates

In value terms, magnesium hydroxide and peroxide production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production faced a abrupt decrease. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Hydroxide And Peroxide Of Magnesium, Oxides, Hydroxides And Peroxides Of Strontium Or Barium

Exports from the United Arab Emirates

In 2022, magnesium hydroxide and peroxide exports from the United Arab Emirates soared to X tons, with an increase of X% compared with the previous year's figure. In general, exports continue to indicate strong growth. The pace of growth was the most pronounced in 2015 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, magnesium hydroxide and peroxide exports soared to $X in 2022. Over the period under review, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X tons) was the main destination for magnesium hydroxide and peroxide exports from the United Arab Emirates, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia totaled X%.

In value terms, Saudi Arabia ($X) also remains the key foreign market for hydroxide and peroxide of magnesium, oxides, hydroxides and peroxides of strontium or barium exports from the United Arab Emirates.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia amounted to X%.

Export Prices by Country

The average magnesium hydroxide and peroxide export price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price, however, saw a deep downturn. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to X% per year.

Imports of Hydroxide And Peroxide Of Magnesium, Oxides, Hydroxides And Peroxides Of Strontium Or Barium

Imports into the United Arab Emirates

In 2022, overseas purchases of hydroxide and peroxide of magnesium, oxides, hydroxides and peroxides of strontium or barium were finally on the rise to reach X tons after two years of decline. In general, imports showed a resilient expansion. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, magnesium hydroxide and peroxide imports soared to $X in 2022. Overall, imports continue to indicate a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) was the main magnesium hydroxide and peroxide supplier to the United Arab Emirates, with a X% share of total imports. Moreover, magnesium hydroxide and peroxide imports from China exceeded the figures recorded by the second-largest supplier, Russia (X tons), more than tenfold.

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: Russia (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of hydroxide and peroxide of magnesium, oxides, hydroxides and peroxides of strontium or barium to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was taken by Russia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average magnesium hydroxide and peroxide import price amounted to $X per ton, rising by X% against the previous year. Overall, the import price enjoyed mild growth. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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