Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the United Arab Emirates - 2022

Contents:

  1. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the United Arab Emirates (CIF) - 2022
  2. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the United Arab Emirates (FOB) - 2022
  3. Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the United Arab Emirates
  4. Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the United Arab Emirates

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the United Arab Emirates (CIF) - 2022

The average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $2,780 per ton in 2022, picking up by 14% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($9,041 per ton), while the price for China ($1,031 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the United Arab Emirates (FOB) - 2022

The average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $1,998 per ton in 2022, jumping by 22% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 30%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($3,570 per ton), while the average price for exports to Tanzania ($586 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 Qatar (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the United Arab Emirates

In 2022, approx. 28K tons of adhesives; prepared, based on rubber or plastics (including artificial resins) were imported into the United Arab Emirates; declining by -18.5% against the year before. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 9.3% against the previous year. As a result, imports attained the peak of 34K tons, and then fell markedly in the following year.

In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) dropped to $78M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. As a result, imports reached the peak of $84M, and then fell in the following year.

Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India15.313.413.033.229.5%
China15.115.121.68.1-18.7%
United States6.96.25.47.84.2%
Germany5.35.05.36.46.5%
Italy4.95.86.46.07.0%
Malaysia3.42.13.32.7-7.4%
Turkey1.10.61.11.613.3%
Spain0.20.20.61.6100.0%
Taiwan (Chinese)1.41.51.31.0-10.6%
Others25.521.326.29.7-27.5%
Total79.071.284.378.1-0.4%

Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to the United Arab Emirates in 2022:

  1. India (11.7K tons)
  2. China (7.8K tons)
  3. Italy (2.7K tons)
  4. Germany (1.1K tons)
  5. United States (0.9K tons)
  6. Malaysia (0.8K tons)
  7. Turkey (0.5K tons)
  8. Spain (0.5K tons)
  9. Taiwan (Chinese) (0.2K tons)

Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the United Arab Emirates

In 2022, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) from the United Arab Emirates surged to 19K tons, with an increase of 47% against the year before. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +6.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) soared to $37M in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia8.67.910.517.125.7%
Oman4.74.24.73.1-13.0%
Kuwait1.00.60.91.617.0%
Bahrain0.40.70.61.451.8%
Iran0.80.90.61.317.6%
India3.01.40.31.3-24.3%
QatarN/AN/AN/A1.00%
Ethiopia0.10.10.30.571.0%
Tanzania0.1N/AN/A0.344.2%
Others2.71.72.99.853.7%
Total21.417.520.837.420.5%

Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from the United Arab Emirates in 2022:

  1. Saudi Arabia (8.2K tons)
  2. Oman (3.3K tons)
  3. Bahrain (1.1K tons)
  4. Kuwait (0.7K tons)
  5. Qatar (0.6K tons)
  6. Tanzania (0.5K tons)
  7. Iran (0.4K tons)
  8. India (0.4K tons)
  9. Ethiopia (0.4K tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Adhesives; prepared, based on rubber or plastics (including artificial resins) - United Arab Emirates