United Arab Emirates - Acetic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcetic Acid Price in the United Arab Emirates - 2021
Contents:
- Acetic Acid Price in the United Arab Emirates (CIF) - 2022
- Acetic Acid Price in the United Arab Emirates (FOB) - 2022
- Acetic Acid Imports in the United Arab Emirates
- Acetic Acid Exports in the United Arab Emirates
Acetic Acid Price in the United Arab Emirates (CIF) - 2022
In 2022, the average acetic acid import price amounted to $685 per ton, jumping by 17% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 79% against the previous year. The import price peaked at $794 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 Turkey ($1,228 per ton), while the price for India ($637 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Acetic Acid Price in the United Arab Emirates (FOB) - 2022
In 2022, the average acetic acid export price amounted to $300 per ton, falling by -5.1% against the previous year. In general, the export price showed a deep reduction. The pace of growth appeared the most rapid in 2015 when the average export price increased by 26%. As a result, the export price reached the peak level of $895 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($334 per ton), while the average price for exports to the UK ($243 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 Oman (+8.4%), while the prices for the other major destinations experienced a decline.
Acetic Acid Imports in the United Arab Emirates
In 2022, approx. 6.1K tons of acetic acid were imported into the United Arab Emirates; shrinking by -25.3% compared with the previous year's figure. In general, imports faced a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 17% against the previous year.
In value terms, acetic acid imports declined to $4.2M in 2022. Overall, imports saw a mild shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. As a result, imports attained the peak of $4.8M, and then declined in the following year.
Import of Acetic Acid in the United Arab Emirates (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 1,052 | 419 | 1,034 | 3,637 | 51.2% |
Turkey | 14.1 | 101 | 189 | 483 | 224.8% |
China | 1,127 | 1,041 | 52.6 | 39.2 | -67.4% |
South Korea | 973 | 784 | 1,672 | N/A | 31.1% |
Saudi Arabia | 1,180 | 1,211 | 1,832 | N/A | 24.6% |
Others | 23.8 | 40.5 | 48.0 | 53.5 | 31.0% |
Total | 4,370 | 3,597 | 4,827 | 4,212 | -1.2% |
Top Suppliers of Acetic Acid to the United Arab Emirates in 2022:
- China (undefinedK tons)
- India (5.7K tons)
- Turkey (0.4K tons)
Acetic Acid Exports in the United Arab Emirates
Acetic acid exports from the United Arab Emirates soared to 5.5K tons in 2022, with an increase of 48% against the year before. In general, exports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,180% against the previous year. As a result, the exports reached the peak of 7.3K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, acetic acid exports soared to $1.6M in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 450%. As a result, the exports reached the peak of $2.1M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Acetic Acid in the United Arab Emirates (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tanzania | 0.1 | 14.7 | 4.8 | 1,062 | 2098.1% |
Czech Republic | N/A | N/A | N/A | 308 | 0% |
United Kingdom | N/A | N/A | N/A | 275 | 0% |
India | 25.1 | 1,983 | 1,158 | N/A | 579.2% |
Oman | 184 | 84.7 | 4.8 | N/A | -83.8% |
Angola | 165 | 21.0 | 1.7 | N/A | -89.8% |
Others | 11.1 | 17.8 | 3.4 | 2.1 | -42.6% |
Total | 385 | 2,121 | 1,172 | 1,647 | 62.3% |
Top Export Markets for Acetic Acid from the United Arab Emirates in 2022:
- Tanzania (3.2K tons)
- Czech Republic (1.2K tons)
- United Kingdom (1.1K tons)
This report provides an in-depth analysis of the acetic acid market in the United Arab Emirates. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20143271 - Acetic acid
Country coverage:
- United Arab Emirates
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the United Arab Emirates
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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