Price for Poly(Lactic Acid); in Primary Forms in the United Arab Emirates - 2021

Contents:

  1. Price for Poly(Lactic Acid); in Primary Forms in the United Arab Emirates (FOB) - 2022
  2. Price for Poly(Lactic Acid); in Primary Forms in the United Arab Emirates (CIF) - 2022
  3. Exports of Poly(Lactic Acid); in Primary Forms in the United Arab Emirates
  4. Imports of Poly(Lactic Acid); in Primary Forms in the United Arab Emirates

Price for Poly(Lactic Acid); in Primary Forms in the United Arab Emirates (FOB) - 2022

The average export price for poly(lactic acid); in primary formses stood at $1,427 per ton in 2022, waning by -72.6% against the previous year. Over the period under review, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 82%. As a result, the export price attained the peak level of $10,709 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($1,802 per ton), while the average price for exports to China ($1,352 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 Oman (-14.4%), while the prices for the other major destinations experienced a decline.

Price for Poly(Lactic Acid); in Primary Forms in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for poly(lactic acid); in primary formses amounted to $5,149 per ton, remaining relatively unchanged against the previous year. Over the period under review, the import price posted a strong expansion. The most prominent rate of growth was recorded in 2014 an increase of 160% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($8,486 per ton), while the price for China ($1,814 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+62.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Poly(Lactic Acid); in Primary Forms in the United Arab Emirates

In 2022, poly(lactic acid); in primary forms exports from the United Arab Emirates soared to 11 tons, increasing by 282% on the previous year. Overall, exports, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2020 when exports increased by 313%. As a result, the exports attained the peak of 67 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, poly(lactic acid); in primary forms exports rose slightly to $16K in 2022. Over the period under review, exports, however, saw a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 319%. As a result, the exports attained the peak of $455K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Poly(Lactic Acid); in Primary Forms in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.864.99.810.5-6.4%
Oman1.17.71.33.344.2%
Saudi Arabia4.034.01.02.0-20.6%
NigeriaN/A289N/AN/A0%
KenyaN/A40.5N/AN/A0%
Iraq90.7N/AN/AN/A0%
OthersN/A18.23.1N/A-83.0%
Total10945515.215.9-47.4%

Top Export Markets for Poly(Lactic Acid); in Primary Forms from the United Arab Emirates in 2022:

  1. China (7.8 tons)
  2. Oman (1.9 tons)
  3. Saudi Arabia (1.5 tons)

Imports of Poly(Lactic Acid); in Primary Forms in the United Arab Emirates

In 2022, after three years of growth, there was significant decline in overseas purchases of poly(lactic acid); in primary formses, when their volume decreased by -27.1% to 122 tons. In general, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 125% against the previous year.

In value terms, poly(lactic acid); in primary forms imports contracted dramatically to $627K in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 168%.

Import of Poly(Lactic Acid); in Primary Forms in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States11525152042855.0%
Thailand2.923.686.3123248.7%
Italy17.05.928.933.525.4%
China5.510.114.722.259.2%
India3.66.310.67.125.4%
PolandN/A88.90.4N/A-99.6%
Others3.49.319813.558.4%
Total14739585962762.2%

Top Suppliers of Poly(Lactic Acid); in Primary Forms to the United Arab Emirates in 2022:

  1. United States (50.4 tons)
  2. Thailand (50.0 tons)
  3. China (12.2 tons)
  4. Italy (4.8 tons)
  5. India (2.8 tons)

Source: IndexBox Market Intelligence Platform

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