Price for Iodides and Iodide Oxides in the United Arab Emirates - 2021

Contents:

1. Price for Iodides and Iodide Oxides in the United Arab Emirates (CIF) - 2022
2. Price for Iodides and Iodide Oxides in the United Arab Emirates (FOB) - 2022
3. Imports of Iodides and Iodide Oxides in the United Arab Emirates
4. Exports of Iodides and Iodide Oxides in the United Arab Emirates

Price for Iodides and Iodide Oxides in the United Arab Emirates (CIF) - 2022

The average iodides and iodide oxides import price stood at $29,858 per ton in 2022, shrinking by -12.3% against the previous year. Over the period under review, the import price recorded a abrupt descent. The growth pace was the most rapid in 2020 when the average import price increased by 67%. Over the period under review, average import prices reached the maximum at $63,582 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 India ($33,848 per ton), while the price for Italy ($10,179 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 (+88.9%), while the prices for the other major suppliers experienced a decline.

Price for Iodides and Iodide Oxides in the United Arab Emirates (FOB) - 2022

In 2022, the average iodides and iodide oxides export price amounted to $10,564 per ton, declining by -8.6% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 48% against the previous year. Over the period under review, the average export prices hit record highs at $14,509 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($649,715 per ton), while the average price for exports to India ($1,854 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 Australia (+29.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iodides and Iodide Oxides in the United Arab Emirates

In 2022, approx. 42 tons of iodides and iodide oxideses were imported into the United Arab Emirates; growing by 16% against the previous year. The total import volume increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, iodides and iodide oxides imports totaled $1.3M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.5% 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 -1.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 73% against the previous year. As a result, imports reached the peak of $1.3M; afterwards, it flattened through to 2022.

Top Suppliers of Iodides and Iodide Oxides to the United Arab Emirates in 2022:

1. India (21.7 tons)
2. China (17.5 tons)
3. Brazil (1.7 tons)
4. United States (0.6 tons)
5. Italy (0.5 tons)

Exports of Iodides and Iodide Oxides in the United Arab Emirates

In 2022, approx. 25 tons of iodides and iodide oxideses were exported from the United Arab Emirates; picking up by 32% against the previous year. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 445%. As a result, the exports reached the peak of 31 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, iodides and iodide oxides exports soared to $269K in 2022. In general, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 490% against the previous year. As a result, the exports attained the peak of $315K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Top Export Markets for Iodides and Iodide Oxides from the United Arab Emirates in 2022:

1. India (23.7 tons)
2. Oman (0.7 tons)
3. Switzerland (0.6 tons)

Source: IndexBox Market Intelligence Platform