Price for Styrene Polymers; Waste, Parings and Scrap in the United Arab Emirates - 2022
Contents:
- Price for Styrene Polymers; Waste, Parings and Scrap in the United Arab Emirates (FOB) - 2022
- Price for Styrene Polymers; Waste, Parings and Scrap in the United Arab Emirates (CIF) - 2022
- Exports of Styrene Polymers; Waste, Parings and Scrap in the United Arab Emirates
- Imports of Styrene Polymers; Waste, Parings and Scrap in the United Arab Emirates
Price for Styrene Polymers; Waste, Parings and Scrap in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for styrene polymers; waste, parings and scraps amounted to $577 per ton, picking up by 49% against the previous year. Overall, the export price, however, showed a mild downturn. The pace of growth was the most pronounced in 2018 an increase of 50%. The export price peaked at $1,094 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($1,165 per ton), while the average price for exports to Pakistan ($53 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 Spain (+6.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Styrene Polymers; Waste, Parings and Scrap in the United Arab Emirates (CIF) - 2022
The average import price for styrene polymers; waste, parings and scraps stood at $780 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price, however, enjoyed mild growth. The pace of growth was the most pronounced in 2017 an increase of 84%. As a result, import price attained the peak level of $1,503 per ton. From 2018 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 Saudi Arabia ($1,620 per ton), while the price for Qatar ($66 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Styrene Polymers; Waste, Parings and Scrap in the United Arab Emirates
In 2022, approx. 353 tons of styrene polymers; waste, parings and scraps were exported from the United Arab Emirates; with an increase of 94% against 2021 figures. Overall, exports, however, faced a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 209%.
In value terms, exports of styrene polymers; waste, parings and scraps soared to $203K in 2022. Over the period under review, exports, however, showed a significant curtailment.
| Export of Styrene Polymers; Waste, Parings and Scrap in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 9.1 | 3.0 | 16.6 | 135 | 145.7% |
| Hong Kong SAR | 6.6 | 0.8 | 24.3 | 29.4 | 64.5% |
| Nigeria | 27.5 | 4.3 | 10.6 | 7.7 | -34.6% |
| China | 20.8 | 10.3 | 4.0 | 5.5 | -35.8% |
| Pakistan | 9.3 | 1.7 | 4.9 | 5.3 | -17.1% |
| Oman | 4.1 | 0.3 | 0.9 | 1.0 | -37.5% |
| United States | 387 | N/A | N/A | N/A | 0% |
| Others | 30.3 | 4.4 | 8.9 | 19.1 | -14.3% |
| Total | 495 | 24.8 | 70.2 | 203 | -25.7% |
Top Export Markets for Styrene Polymers; Waste, Parings and Scrap from the United Arab Emirates in 2022:
- Spain (116.2 tons)
- Hong Kong SAR (107.1 tons)
- Pakistan (100.0 tons)
- China (11.5 tons)
- Oman (8.5 tons)
- Nigeria (7.0 tons)
Imports of Styrene Polymers; Waste, Parings and Scrap in the United Arab Emirates
In 2022, after three years of growth, there was significant decline in supplies from abroad of styrene polymers; waste, parings and scraps, when their volume decreased by -27% to 48 tons. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 311%. As a result, imports reached the peak of 66 tons, and then reduced remarkably in the following year.
In value terms, imports of styrene polymers; waste, parings and scraps dropped notably to $38K in 2022. In general, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 310%. As a result, imports attained the peak of $52K, and then declined remarkably in the following year.
| Import of Styrene Polymers; Waste, Parings and Scrap in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.7 | 6.3 | 26.3 | 23.1 | 51.1% |
| Saudi Arabia | 0.7 | 1.6 | 5.6 | 3.0 | 62.4% |
| Hong Kong SAR | 0.1 | 0.2 | 0.9 | 0.6 | 81.7% |
| Qatar | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Malaysia | N/A | N/A | 3.6 | N/A | 0% |
| Others | 1.4 | 4.4 | 15.4 | 11.0 | 98.8% |
| Total | 8.8 | 12.7 | 52.0 | 37.8 | 62.6% |
Top Suppliers of Styrene Polymers; Waste, Parings and Scrap to the United Arab Emirates in 2022:
- China (42.8 tons)
- Saudi Arabia (1.9 tons)
- Qatar (0.8 tons)
- Hong Kong SAR (0.4 tons)
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