Price for Mineral Substances Not Elsewhere Specified or Included in the United Arab Emirates - 2022
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in the United Arab Emirates (CIF) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in the United Arab Emirates (FOB) - 2022
- Imports of Mineral Substances Not Elsewhere Specified or Included in the United Arab Emirates
- Exports of Mineral Substances Not Elsewhere Specified or Included in the United Arab Emirates
Price for Mineral Substances Not Elsewhere Specified or Included in the United Arab Emirates (CIF) - 2022
The average import price for mineral substances not elsewhere specified or includeds stood at $334 per ton in 2022, which is down by -33.6% against the previous year. Overall, the import price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2020 an increase of 99% against the previous year. Over the period under review, average import prices attained the peak figure at $503 per ton in 2021, and then contracted notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($910 per ton), while the price for Greece ($97 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Mineral Substances Not Elsewhere Specified or Included in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for mineral substances not elsewhere specified or includeds amounted to $105 per ton, which is down by -67.7% against the previous year. Over the period under review, the export price saw a pronounced setback. The pace of growth appeared the most rapid in 2020 when the average export price increased by 197%. Over the period under review, the average export prices reached the maximum at $676 per ton in 2015; however, from 2016 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 Saudi Arabia ($386 per ton), while the average price for exports to India ($76 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 Poland (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mineral Substances Not Elsewhere Specified or Included in the United Arab Emirates
In 2022, the amount of mineral substances not elsewhere specified or includeds imported into the United Arab Emirates shrank to 45K tons, declining by -10.9% against 2021. In general, imports showed a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 10%.
In value terms, imports of mineral substances not elsewhere specified or includeds declined notably to $15M in 2022. Overall, total imports indicated a modest expansion from 2019 to 2022: its value increased at an average annual rate of +1.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 35%. As a result, imports attained the peak of $26M, and then declined significantly in the following year.
| Import of Mineral Substances Not Elsewhere Specified or Included in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 0.1 | 0.1 | 0.7 | 6.5 | 302.1% |
| Spain | 0.5 | 3.6 | 5.0 | 3.1 | 83.7% |
| China | 2.3 | 2.1 | 1.6 | 1.2 | -19.5% |
| United States | N/A | N/A | N/A | 1.1 | 0% |
| Brazil | 1.1 | 0.3 | 0.1 | 0.6 | -18.3% |
| Turkey | 0.5 | 0.3 | 0.2 | 0.6 | 6.3% |
| India | 0.5 | 0.6 | 0.1 | 0.3 | -15.7% |
| Armenia | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Greece | 0.2 | 0.4 | 0.5 | 0.2 | 0.0% |
| Hungary | 0.3 | 0.5 | 0.4 | 0.1 | -30.7% |
| Russia | 2.1 | 0.2 | 0.3 | 0.1 | -63.8% |
| Rwanda | 1.3 | N/A | N/A | N/A | 0% |
| Malaysia | 2.4 | 4.6 | 4.3 | N/A | 33.9% |
| Others | 3.3 | 6.2 | 12.3 | 0.8 | -37.6% |
| Total | 14.6 | 18.9 | 25.6 | 15.1 | 1.1% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to the United Arab Emirates in 2022:
- South Africa (22.9K tons)
- Turkey (5.6K tons)
- China (3.7K tons)
- Spain (3.5K tons)
- Greece (2.4K tons)
- United States (1.6K tons)
- Armenia (1.6K tons)
- Brazil (1.2K tons)
- India (1.0K tons)
- Hungary (0.2K tons)
- Russia (0.2K tons)
Exports of Mineral Substances Not Elsewhere Specified or Included in the United Arab Emirates
In 2022, the amount of mineral substances not elsewhere specified or includeds exported from the United Arab Emirates fell sharply to 106K tons, which is down by -21.2% compared with 2021 figures. Over the period under review, exports showed a abrupt setback. The growth pace was the most rapid in 2021 when exports increased by 84% against the previous year.
In value terms, exports of mineral substances not elsewhere specified or includeds declined dramatically to $11M in 2022. Overall, exports faced a sharp reduction. The growth pace was the most rapid in 2021 when exports increased by 51% against the previous year. As a result, the exports attained the peak of $44M, and then fell dramatically in the following year.
| Export of Mineral Substances Not Elsewhere Specified or Included in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 11.3 | 3.5 | 8.1 | 7.4 | -13.2% |
| Kuwait | N/A | N/A | N/A | 0.9 | 0% |
| Saudi Arabia | 0.4 | 0.7 | 0.4 | 0.7 | 20.5% |
| China | 9.4 | 20.8 | 34.3 | N/A | 91.0% |
| Others | 0.6 | 3.9 | 0.7 | 2.0 | 49.4% |
| Total | 21.7 | 28.8 | 43.6 | 11.1 | -20.0% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from the United Arab Emirates in 2022:
- India (97.7K tons)
- Kuwait (2.5K tons)
- Saudi Arabia (1.9K tons)
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