Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the United Arab Emirates - 2022

Contents:

1. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the United Arab Emirates (CIF) - 2022
2. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the United Arab Emirates (FOB) - 2022
3. Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the United Arab Emirates
4. Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the United Arab Emirates

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the United Arab Emirates (CIF) - 2022

The average import price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses stood at $2,173 per ton in 2022, rising by 6.3% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 75%. Over the period under review, average import prices attained the maximum at $2,257 per ton in 2012; however, from 2013 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 China ($2,581 per ton), while the price for Germany ($1,167 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses amounted to $2,364 per ton, approximately reflecting the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses increased by +121.2% against 2017 indices. The growth pace was the most rapid in 2021 when the average export price increased by 39% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($2,456 per ton), while the average price for exports to Iran ($1,452 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 (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the United Arab Emirates

In 2022, purchases abroad of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses decreased by -37.5% to 2K tons, falling for the second year in a row after two years of growth. Overall, imports saw a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 40% against the previous year. As a result, imports reached the peak of 3.6K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses shrank sharply to $4.3M in 2022. Over the period under review, imports, however, posted a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 57%. As a result, imports attained the peak of $6.5M, and then fell significantly in the following year.

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates to the United Arab Emirates in 2022:

1. India (764.8 tons)
2. Taiwan (Chinese) (649.1 tons)
3. South Korea (153.1 tons)
4. Malaysia (128.1 tons)
5. Vietnam (119.5 tons)
6. Netherlands (96.2 tons)
7. Germany (36.6 tons)
8. China (20.6 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in the United Arab Emirates

In 2022, overseas shipments of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses increased by 14% to 23 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a precipitous decrease.

In value terms, exports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses rose notably to $54K in 2022. In general, exports, however, recorded a dramatic descent.

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates from the United Arab Emirates in 2022:

1. Israel (18.9 tons)
2. Iran (2.1 tons)
3. Oman (1.7 tons)

Source: IndexBox Market Intelligence Platform