United Arab Emirates: Market for Sulphides, Polysulphides, Dithionites And Sulphoxylates 2023

Market Size for Sulphides, Polysulphides, Dithionites And Sulphoxylates in the United Arab Emirates

In 2021, the sulphides, dithionites and sulphoxylates market in the United Arab Emirates decreased by -22.7% to $X for the first time since 2016, thus ending a four-year rising trend. Overall, consumption, however, continues to indicate a resilient increase. As a result, consumption reached the peak level of $X, and then reduced rapidly in the following year.

Production of Sulphides, Polysulphides, Dithionites And Sulphoxylates in the United Arab Emirates

In value terms, sulphides, dithionites and sulphoxylates production declined remarkably to $X in 2021 estimated in export price. Overall, production showed a noticeable reduction. The pace of growth appeared the most rapid in 2020 when the production volume increased by 88% against the previous year. Sulphides, dithionites and sulphoxylates production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Exports from the United Arab Emirates

After three years of growth, shipments abroad of sulphides, polysulphides, dithionites and sulphoxylates decreased by -25.8% to X tons in 2021. Over the period under review, exports recorded a deep setback. The pace of growth was the most pronounced in 2014 when exports increased by 109%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, sulphides, dithionites and sulphoxylates exports declined to $X in 2021. In general, exports saw a noticeable contraction. The pace of growth appeared the most rapid in 2020 with an increase of 44%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Zambia (X tons) was the main destination for sulphides, dithionites and sulphoxylates exports from the United Arab Emirates, accounting for a 93% share of total exports. It was followed by India (X tons), with a 2.5% share of total exports. Oman (X tons) ranked third in terms of total exports with a 1.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Zambia amounted to +6.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+14.3% per year) and Oman (-12.5% per year).

In value terms, Zambia ($X) remains the key foreign market for sulphides, polysulphides, dithionites and sulphoxylates exports from the United Arab Emirates, comprising 96% of total exports. The second position in the ranking was held by Oman ($X), with a 0.7% share of total exports. It was followed by India, with a 0.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Zambia totaled +5.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (-5.9% per year) and India (+5.6% per year).

Export Prices by Country

In 2021, the average sulphides, dithionites and sulphoxylates export price amounted to $X per ton, with an increase of 24% against the previous year. Over the period under review, the export price enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 85%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Zambia ($X per ton), while the average price for exports to India ($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 Oman (+7.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Imports into the United Arab Emirates

In 2021, after three years of growth, there was significant decline in overseas purchases of sulphides, polysulphides, dithionites and sulphoxylates, when their volume decreased by -34.4% to X tons. In general, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 with an increase of 203%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, sulphides, dithionites and sulphoxylates imports shrank modestly to $X in 2021. Over the period under review, imports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2019 when imports increased by 144% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of sulphides, dithionites and sulphoxylates to the United Arab Emirates, accounting for a 65% share of total imports. Moreover, sulphides, dithionites and sulphoxylates imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+11.8% per year) and Taiwan (Chinese) (0.0% per year).

In value terms, China ($X) constituted the largest supplier of sulphides, polysulphides, dithionites and sulphoxylates to the United Arab Emirates, comprising 66% of total imports. The second position in the ranking was taken by India ($X), with a 30% share of total imports. It was followed by Taiwan (Chinese), with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +13.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+16.6% per year) and Taiwan (Chinese) (0.0% per year).

Import Prices by Country

The average sulphides, dithionites and sulphoxylates import price stood at $X per ton in 2021, jumping by 49% against the previous year. In general, the import price continues to indicate resilient growth. The pace of growth appeared the most rapid in 2015 an increase of 147% against the previous year. The import price peaked in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+20.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :