Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in the United Arab Emirates - 2022
Contents:
- Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in the United Arab Emirates (CIF) - 2022
- Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in the United Arab Emirates (FOB) - 2022
- Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in the United Arab Emirates
- Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in the United Arab Emirates
Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in the United Arab Emirates (CIF) - 2022
The average import price for containers for compressed or liquefied gas, of iron or steel stood at $29 per unit in 2022, surging by 39% against the previous year. Over the period under review, the import price, however, recorded a noticeable contraction. The growth pace was the most rapid in 2019 an increase of 53%. Over the period under review, average import prices attained the peak figure at $43 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($88 per unit), while the price for Qatar ($9.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in the United Arab Emirates (FOB) - 2022
The average export price for containers for compressed or liquefied gas, of iron or steel stood at $38 per unit in 2022, which is down by -3.1% against the previous year. In general, the export price saw a perceptible descent. The pace of growth appeared the most rapid in 2016 when the average export price increased by 28%. The export price peaked at $50 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 Egypt ($46 per unit), while the average price for exports to Taiwan (Chinese) ($6.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in the United Arab Emirates
After three years of growth, purchases abroad of containers for compressed or liquefied gas, of iron or steel decreased by -46.3% to 1.4M units in 2022. Overall, imports, however, showed a moderate increase. The pace of growth appeared the most rapid in 2020 when imports increased by 68%. Over the period under review, imports of hit record highs at 2.6M units in 2021, and then dropped notably in the following year.
In value terms, imports of containers for compressed or liquefied gas, of iron or steel declined remarkably to $39M in 2022. The total import value increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. Over the period under review, imports of attained the maximum at $53M in 2021, and then declined notably in the following year.
| Import of Containers for Compressed or Liquefied Gas, of Iron or Steel in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.1 | 16.4 | 28.3 | 16.1 | 13.2% |
| United States | 5.6 | 4.5 | 1.5 | 4.1 | -9.9% |
| Oman | 3.1 | 4.0 | 5.2 | 3.4 | 3.1% |
| India | 3.2 | 1.3 | 4.2 | 2.7 | -5.5% |
| Turkey | 1.1 | 1.4 | 1.7 | 1.0 | -3.1% |
| Czech Republic | 1.4 | 0.9 | 1.5 | 1.0 | -10.6% |
| Qatar | N/A | N/A | 0.1 | 0.8 | 700.0% |
| South Korea | 0.3 | 6.6 | 0.3 | 0.8 | 38.7% |
| Italy | 3.8 | 1.8 | 1.6 | 0.7 | -43.1% |
| Saudi Arabia | N/A | 2.8 | 1.1 | N/A | -60.7% |
| Others | 8.6 | 7.0 | 7.4 | 8.7 | 0.4% |
| Total | 38.1 | 46.6 | 52.9 | 39.5 | 1.2% |
Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to the United Arab Emirates in 2022:
- China (647.0K units)
- Oman (246.1K units)
- Qatar (90.9K units)
- United States (83.0K units)
- India (68.9K units)
- Turkey (25.5K units)
- Czech Republic (23.4K units)
- Italy (14.5K units)
- South Korea (9.4K units)
Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in the United Arab Emirates
In 2022, approx. 701K units of containers for compressed or liquefied gas, of iron or steel were exported from the United Arab Emirates; with a decrease of -45.3% against 2021 figures. Over the period under review, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 113% against the previous year. As a result, the exports attained the peak of 1.3M units, and then contracted rapidly in the following year.
In value terms, exports of containers for compressed or liquefied gas, of iron or steel fell notably to $26M in 2022. In general, exports showed a mild descent. The pace of growth was the most pronounced in 2021 with an increase of 140% against the previous year. As a result, the exports attained the peak of $50M, and then plummeted in the following year.
| Export of Containers for Compressed or Liquefied Gas, of Iron or Steel in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 9.7 | 4.4 | 16.8 | 11.0 | 4.3% |
| Brazil | N/A | N/A | N/A | 2.5 | 0% |
| Italy | 1.0 | 1.6 | 0.8 | 2.5 | 35.7% |
| Oman | 4.2 | 3.1 | 1.3 | 2.0 | -21.9% |
| Bulgaria | N/A | 0.3 | N/A | 1.7 | 138.0% |
| Colombia | 1.3 | 1.1 | 0.6 | 1.1 | -5.4% |
| Turkey | 0.5 | 0.6 | 0.1 | 0.6 | 6.3% |
| Senegal | N/A | N/A | N/A | 0.5 | 0% |
| Bahrain | 0.4 | 0.3 | 0.1 | 0.1 | -37.0% |
| Taiwan (Chinese) | N/A | N/A | N/A | 0.1 | 0% |
| Nigeria | 0.5 | N/A | 7.7 | 0.1 | -41.5% |
| Zambia | N/A | 0.1 | 11.8 | N/A | 11700.0% |
| Iran | 1.9 | 1.3 | 1.5 | N/A | -11.1% |
| Others | 8.3 | 7.9 | 9.0 | 4.1 | -20.9% |
| Total | 27.7 | 20.7 | 49.7 | 26.3 | -1.7% |
Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from the United Arab Emirates in 2022:
- Egypt (238.6K units)
- Italy (80.6K units)
- Brazil (79.3K units)
- Bulgaria (53.1K units)
- Oman (44.2K units)
- Colombia (31.6K units)
- Senegal (26.1K units)
- Turkey (16.2K units)
- Bahrain (14.2K units)
- Taiwan (Chinese) (12.9K units)
- Nigeria (3.0K units)
- Zambia (0.2K units)
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