Price for Ethylene Polymers; Waste, Parings and Scrap in the United Arab Emirates - 2022
Contents:
- Price for Ethylene Polymers; Waste, Parings and Scrap in the United Arab Emirates (FOB) - 2022
- Price for Ethylene Polymers; Waste, Parings and Scrap in the United Arab Emirates (CIF) - 2022
- Exports of Ethylene Polymers; Waste, Parings and Scrap in the United Arab Emirates
- Imports of Ethylene Polymers; Waste, Parings and Scrap in the United Arab Emirates
Price for Ethylene Polymers; Waste, Parings and Scrap in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for ethylene polymers; waste, parings and scraps amounted to $495 per ton, jumping by 16% against the previous year. In general, the export price, however, showed a perceptible setback. The pace of growth appeared the most rapid in 2017 when the average export price increased by 41%. The export price peaked at $794 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($4,602 per ton), while the average price for exports to Pakistan ($352 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 China (+20.8%).
Price for Ethylene Polymers; Waste, Parings and Scrap in the United Arab Emirates (CIF) - 2022
The average import price for ethylene polymers; waste, parings and scraps stood at $1,058 per ton in 2022, rising by 181% against the previous year. Over the period under review, the import price showed a pronounced increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 China ($1,117 per ton), while the price for Japan stood at $529 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Ethylene Polymers; Waste, Parings and Scrap in the United Arab Emirates
Exports of ethylene polymers; waste, parings and scraps from the United Arab Emirates declined remarkably to 760 tons in 2022, waning by -91.4% on the previous year's figure. In general, exports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 321% against the previous year. As a result, the exports reached the peak of 8.8K tons, and then contracted notably in the following year.
In value terms, exports of ethylene polymers; waste, parings and scraps declined sharply to $376K in 2022. Over the period under review, exports recorded a deep downturn. The growth pace was the most rapid in 2021 when exports increased by 314%. As a result, the exports reached the peak of $3.8M, and then fell notably in the following year.
| Export of Ethylene Polymers; Waste, Parings and Scrap in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | N/A | N/A | N/A | 312 | 0% |
| Pakistan | 19.7 | 14.4 | 71.7 | 56.2 | 41.8% |
| Malaysia | 22.0 | 501 | 2,354 | N/A | 934.4% |
| India | N/A | N/A | 744 | N/A | 0% |
| Indonesia | 80.5 | 19.5 | N/A | N/A | -75.8% |
| Oman | 284 | 174 | 287 | N/A | 0.5% |
| Others | 324 | 200 | 308 | 7.5 | -71.5% |
| Total | 730 | 909 | 3,766 | 376 | -19.8% |
Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from the United Arab Emirates in 2022:
- Egypt (598.0 tons)
- Pakistan (159.8 tons)
Imports of Ethylene Polymers; Waste, Parings and Scrap in the United Arab Emirates
In 2022, imports of ethylene polymers; waste, parings and scraps into the United Arab Emirates shrank remarkably to 61 tons, waning by -96.8% compared with the previous year. In general, imports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 265%.
In value terms, imports of ethylene polymers; waste, parings and scraps fell dramatically to $64K in 2022. Overall, imports saw a sharp reduction. The growth pace was the most rapid in 2021 when imports increased by 293% against the previous year.
| Import of Ethylene Polymers; Waste, Parings and Scrap in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 61.2 | 0% |
| Japan | 10.9 | 9.3 | N/A | 2.8 | -36.4% |
| Norway | N/A | 13.1 | N/A | N/A | 0% |
| Nigeria | N/A | N/A | 39.9 | N/A | 0% |
| Jordan | N/A | N/A | 53.4 | N/A | 0% |
| United Kingdom | 23.1 | 20.1 | N/A | N/A | -13.0% |
| United States | 171 | 27.1 | 143 | N/A | -8.6% |
| Philippines | 509 | N/A | 60.0 | N/A | -65.7% |
| Pakistan | 388 | 36.1 | 61.0 | N/A | -60.3% |
| Taiwan (Chinese) | 185 | N/A | N/A | N/A | 0% |
| Netherlands | N/A | N/A | 74.7 | N/A | 0% |
| Saudi Arabia | 134 | 4.3 | 85.7 | N/A | -20.0% |
| Jamaica | N/A | 58.2 | N/A | N/A | 0% |
| Others | 69.6 | 15.4 | 204 | 0.3 | -83.7% |
| Total | 1,491 | 184 | 722 | 64.3 | -64.9% |
Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to the United Arab Emirates in 2022:
- China (54.8 tons)
- Japan (5.3 tons)
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