Price for Ivory and Articles Thereof; Worked in the United Arab Emirates - 2021

Contents:

  1. Price for Ivory and Articles Thereof; Worked in the United Arab Emirates (CIF) - 2022
  2. Price for Ivory and Articles Thereof; Worked in the United Arab Emirates (FOB) - 2022
  3. Imports of Ivory and Articles Thereof; Worked in the United Arab Emirates
  4. Exports of Ivory and Articles Thereof; Worked in the United Arab Emirates

Price for Ivory and Articles Thereof; Worked in the United Arab Emirates (CIF) - 2022

The average import price for ivory and articles thereof; worked stood at $55,557 per ton in 2022, with a decrease of -5.9% against the previous year. Overall, the import price, however, recorded modest growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 146% against the previous year. As a result, import price reached the peak level of $122,316 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Yemen ($69,637 per ton), while the price for India ($8,238 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Yemen (+0.5%), while the prices for the other major suppliers experienced a decline.

Price for Ivory and Articles Thereof; Worked in the United Arab Emirates (FOB) - 2022

The average export price for ivory and articles thereof; worked stood at $12,626 per ton in 2022, which is down by -49.2% against the previous year. Overall, the export price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2014 when the average export price increased by 398%. As a result, the export price reached the peak level of $135,172 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($68,433 per ton), while the average price for exports to Zimbabwe ($1,034 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 Rwanda (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ivory and Articles Thereof; Worked in the United Arab Emirates

In 2022, supplies from abroad of ivory and articles thereof; worked was finally on the rise to reach 863 kg after two years of decline. In general, imports, however, saw a drastic downturn.

In value terms, ivory and articles thereof; worked imports soared to $48K in 2022. Over the period under review, imports, however, recorded a dramatic decrease.

Import of Ivory and Articles Thereof; Worked in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Yemen41.841.629.836.3-4.6%
United States34.714.40.18.7-36.9%
India1.45.21.11.76.7%
Indonesia0.7N/AN/AN/A0%
Others15.72.21.51.3-56.4%
Total94.363.432.548.0-20.2%

Top Suppliers of Ivory and Articles Thereof; Worked to the United Arab Emirates in 2022:

  1. Yemen (521.0 kg)
  2. India (200.0 kg)
  3. United States (127.0 kg)

Exports of Ivory and Articles Thereof; Worked in the United Arab Emirates

In 2022, the amount of ivory and articles thereof; worked exported from the United Arab Emirates surged to 257 kg, jumping by 89% against the previous year's figure. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ivory and articles thereof; worked exports shrank modestly to $3.2K in 2022. The total export value increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 8.5% against the previous year. As a result, the exports reached the peak of $3.4K, and then declined in the following year.

Export of Ivory and Articles Thereof; Worked in the United Arab Emirates (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Maldives26.01,8751,0492,120333.6%
Bahrain5.0443374759433.4%
Rwanda2.0170101217377.0%
Zimbabwe1.069.035.065.0302.1%
PakistanN/A15.015.030.041.4%
Zambia1.039.018.030.0210.7%
TanzaniaN/A12.06.010.0-8.7%
Indonesia2,502N/AN/AN/A0%
Others4474851,7739.0-72.8%
Total2,9843,1083,3713,2402.8%

Top Export Markets for Ivory and Articles Thereof; Worked from the United Arab Emirates in 2022:

  1. Maldives (160.0 kg)
  2. Zimbabwe (63.0 kg)
  3. Bahrain (11.0 kg)
  4. Pakistan (7.0 kg)
  5. Zambia (6.0 kg)
  6. Tanzania (4.0 kg)
  7. Rwanda (4.0 kg)

Source: IndexBox Market Intelligence Platform

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