Price for Cellulose Nitrates (Including Collodions); in Primary Forms in the United Arab Emirates - 2022

Contents:

  1. Price for Cellulose Nitrates (Including Collodions); in Primary Forms in the United Arab Emirates (CIF) - 2022
  2. Price for Cellulose Nitrates (Including Collodions); in Primary Forms in the United Arab Emirates (FOB) - 2022
  3. Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in the United Arab Emirates
  4. Exports of Cellulose Nitrates (Including Collodions); in Primary Forms in the United Arab Emirates

Price for Cellulose Nitrates (Including Collodions); in Primary Forms in the United Arab Emirates (CIF) - 2022

The average import price for cellulose nitrates (including collodions); in primary formses stood at $3,203 per ton in 2022, growing by 39% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($3,520 per ton) and Thailand ($3,195 per ton), while the price for Indonesia ($3,008 per ton) and China ($3,163 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cellulose Nitrates (Including Collodions); in Primary Forms in the United Arab Emirates (FOB) - 2022

The average export price for cellulose nitrates (including collodions); in primary formses stood at $3,045 per ton in 2022, increasing by 12% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2014 an increase of 36%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($3,228 per ton), while the average price for exports to Oman totaled $1,638 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+22.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in the United Arab Emirates

For the fourth consecutive year, the United Arab Emirates recorded growth in supplies from abroad of cellulose nitrates (including collodions); in primary formses, which increased by 20% to 4.8K tons in 2022. The total import volume increased at an average annual rate of +10.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cellulose nitrates (including collodions); in primary formses skyrocketed to $15M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cellulose Nitrates (Including Collodions); in Primary Forms in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand5.35.25.812.332.4%
China2.92.12.11.4-21.6%
India0.51.71.41.026.0%
Indonesia0.10.1N/A0.791.3%
Others0.10.2N/AN/A100.0%
Total8.99.39.315.520.3%

Top Suppliers of Cellulose Nitrates (Including Collodions); in Primary Forms to the United Arab Emirates in 2022:

  1. Thailand (3861.2 tons)
  2. China (442.6 tons)
  3. India (293.8 tons)
  4. Indonesia (232.0 tons)

Exports of Cellulose Nitrates (Including Collodions); in Primary Forms in the United Arab Emirates

For the third year in a row, the United Arab Emirates recorded decline in overseas shipments of cellulose nitrates (including collodions); in primary formses, which decreased by -85.2% to 28 tons in 2022. In general, exports recorded a sharp setback. The smallest decline of -18.9% was in 2020.

In value terms, exports of cellulose nitrates (including collodions); in primary formses declined markedly to $84K in 2022. Over the period under review, exports showed a precipitous shrinkage. The smallest decline of -11.2% was in 2021.

Export of Cellulose Nitrates (Including Collodions); in Primary Forms in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JordanN/AN/AN/A79.10%
Oman19.821.50.15.2-36.0%
Kenya47.432.8N/AN/A-30.8%
Ethiopia215N/AN/AN/A0%
India187N/A25.7N/A-62.9%
Tanzania256516445N/A31.8%
Others25.31.836.8N/A20.6%
Total75157250884.3-51.8%

Top Export Markets for Cellulose Nitrates (Including Collodions); in Primary Forms from the United Arab Emirates in 2022:

  1. Jordan (24.5 tons)
  2. Oman (3.2 tons)

Source: IndexBox Market Intelligence Platform

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