Alloy Steel Powders Price in the United Arab Emirates - 2021

Contents:

  1. Alloy Steel Powders Price in the United Arab Emirates (FOB) - 2022
  2. Alloy Steel Powders Price in the United Arab Emirates (CIF) - 2022
  3. Alloy Steel Powders Exports in the United Arab Emirates
  4. Alloy Steel Powders Imports in the United Arab Emirates

Alloy Steel Powders Price in the United Arab Emirates (FOB) - 2022

The average alloy steel powders export price stood at $2,083 per ton in 2022, waning by -5.2% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 26%. Over the period under review, the average export prices attained the maximum at $2,444 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($1,931 per ton), while the average price for exports to China amounted to $1,654 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (-0.5%).

Alloy Steel Powders Price in the United Arab Emirates (CIF) - 2022

The average alloy steel powders import price stood at $2,124 per ton in 2022, waning by -8.8% against the previous year. In general, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 62% against the previous year. The import price peaked at $3,867 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Denmark ($42,356 per ton), while the price for Oman ($104 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+9.3%), while the prices for the other major suppliers experienced a decline.

Alloy Steel Powders Exports in the United Arab Emirates

In 2022, approx. 596 tons of alloy steel powderses were exported from the United Arab Emirates; growing by 5.6% against the previous year. The total export volume increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 32%. As a result, the exports attained the peak of 638 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, alloy steel powders exports stood at $1.2M in 2022. The total export value increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 33%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Alloy Steel Powders in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman8531,0341,0041,1018.9%
India28.215894.910454.5%
China41.540.521.123.9-16.8%
Others9.38.512113.011.8%
Total9321,2411,2411,24210.0%

Top Export Markets for Alloy Steel Powders from the United Arab Emirates in 2022:

  1. Oman (570.1 tons)
  2. China (14.5 tons)
  3. India (7.8 tons)

Alloy Steel Powders Imports in the United Arab Emirates

In 2022, approx. 394 tons of alloy steel powderses were imported into the United Arab Emirates; rising by 49% on 2021 figures. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 62% against the previous year. As a result, imports reached the peak of 444 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, alloy steel powders imports surged to $837K in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 66% against the previous year. As a result, imports attained the peak of $1.1M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Alloy Steel Powders in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark33557433345911.1%
Turkey19934019827311.1%
Singapore37.864.837.651.911.1%
China3.119.714.416.675.0%
Oman0.88.912.614.5162.7%
India35.923.12.32.6-58.3%
Others26.426.319.819.4-9.8%
Total6381,0576188379.5%

Top Suppliers of Alloy Steel Powders to the United Arab Emirates in 2022:

  1. Oman (139.5 tons)
  2. Turkey (122.9 tons)
  3. Singapore (102.6 tons)
  4. Denmark (10.8 tons)
  5. China (7.3 tons)
  6. India (1.0 tons)

Source: IndexBox Market Intelligence Platform

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