United Arab Emirates: Sodium Phosphates Market 2024

Sodium Phosphates Market Size in the United Arab Emirates

After three years of growth, the sodium phosphates market in the United Arab Emirates decreased by X% to $X in 2022. Over the period under review, consumption, however, showed buoyant growth. Over the period under review, the market attained the peak level at $X in 2021, and then contracted significantly in the following year.

Sodium Phosphates Production in the United Arab Emirates

In value terms, sodium phosphates production totaled $X in 2022 estimated in export price. Over the period under review, production showed a precipitous setback. The most prominent rate of growth was recorded in 2016 when the production volume decreased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Sodium Phosphates Exports

Exports from the United Arab Emirates

In 2022, approx. X tons of phosphates of mono- or di-sodium were exported from the United Arab Emirates; reducing by X% compared with the year before. In general, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, sodium phosphates exports expanded rapidly to $X in 2022. Over the period under review, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Bahrain (X tons), Pakistan (X tons) and Oman (X tons) were the main destinations of sodium phosphates exports from the United Arab Emirates, together comprising X% 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 Pakistan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Bahrain ($X) emerged as the key foreign market for phosphates of mono- or di-sodium exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was held by Pakistan ($X), with a X% share of total exports. It was followed by Oman, with a X% share.

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

Export Prices by Country

In 2022, the average sodium phosphates export price amounted to $X per ton, surging by X% against the previous year. In general, the export price continues to indicate a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($X per ton), while the average price for exports to Saudi Arabia ($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 Pakistan (X%), while the prices for the other major destinations experienced a decline.

Sodium Phosphates Imports

Imports into the United Arab Emirates

In 2022, approx. X tons of phosphates of mono- or di-sodium were imported into the United Arab Emirates; with a decrease of X% compared with 2021. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at X tons in 2021, and then declined rapidly in the following year.

In value terms, sodium phosphates imports shrank notably to $X in 2022. Overall, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then declined dramatically in the following year.

Imports by Country

China (X tons), Thailand (X tons) and Germany (X tons) were the main suppliers of sodium phosphates imports to the United Arab Emirates, together accounting for X% of total imports. Spain, the United States and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sodium phosphates suppliers to the United Arab Emirates were Germany ($X), Thailand ($X) and the United States ($X), with a combined X% share of total imports. China, Spain and France lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

In 2022, the average sodium phosphates import price amounted to $X per ton, dropping by X% against the previous year. Overall, the import price continues to indicate a mild contraction. The pace of growth was the most pronounced in 2015 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for China ($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

Frequently Asked Questions (FAQ) :