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United Arab Emirates - Styrene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingStyrene Price in the United Arab Emirates - 2021
Contents:
- Styrene Price in the United Arab Emirates (CIF) - 2022
- Styrene Price in the United Arab Emirates (FOB) - 2022
- Styrene Imports in the United Arab Emirates
- Styrene Exports in the United Arab Emirates
Styrene Price in the United Arab Emirates (CIF) - 2022
In 2022, the average styrene import price amounted to $798 per ton, waning by -16.9% against the previous year. In general, the import price saw a pronounced decline. The pace of growth appeared the most rapid in 2013 when the average import price increased by 95% against the previous year. As a result, import price reached the peak level of $2,225 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +0.8% per year.
Styrene Price in the United Arab Emirates (FOB) - 2022
In 2022, the average styrene export price amounted to $962 per ton, falling by -13.1% against the previous year. Over the period under review, the export price saw a perceptible reduction. The most prominent rate of growth was recorded in 2013 an increase of 59% against the previous year. As a result, the export price reached the peak level of $2,029 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -2.8% per year.
Styrene Imports in the United Arab Emirates
After three years of growth, purchases abroad of styrene decreased by -11.4% to 56K tons in 2022. The total import volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, imports attained the peak of 63K tons, and then reduced in the following year.
In value terms, styrene imports declined notably to $44M in 2022. In general, imports, however, enjoyed a slight increase. The most prominent rate of growth was recorded in 2021 with an increase of 112%. As a result, imports attained the peak of $60M, and then fell dramatically in the following year.
Import of Styrene in the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | N/A | N/A | N/A | 36.6 | 0% |
Saudi Arabia | 39.7 | 26.1 | 38.1 | N/A | -2.0% |
India | 1.9 | 1.9 | 21.8 | N/A | 238.7% |
Others | 0.4 | 0.3 | 0.3 | 7.7 | 168.0% |
Total | 42.0 | 28.4 | 60.2 | 44.3 | 1.8% |
Top Suppliers of Styrene to the United Arab Emirates in 2022:
- China (47.2K tons)
Styrene Exports in the United Arab Emirates
In 2022, shipments abroad of styrene decreased by -4.1% to 902 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 113% against the previous year.
In value terms, styrene exports dropped notably to $867K in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 50%. As a result, the exports attained the peak of $1M, and then fell sharply in the following year.
Export of Styrene in the United Arab Emirates (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | N/A | N/A | N/A | 858 | 0% |
Nigeria | 137 | N/A | N/A | N/A | 0% |
Kenya | 45.9 | 44.6 | 326 | N/A | 166.5% |
India | N/A | 367 | N/A | N/A | 0% |
Philippines | 84.3 | N/A | 12.7 | N/A | -61.2% |
Egypt | 52.5 | N/A | 461 | N/A | 196.3% |
South Africa | 55.0 | N/A | N/A | N/A | 0% |
Pakistan | N/A | 142 | N/A | N/A | 0% |
Others | 122 | 140 | 241 | 9.4 | -57.4% |
Total | 497 | 693 | 1,041 | 867 | 20.4% |
Top Export Markets for Styrene from the United Arab Emirates in 2022:
- Turkey (896.2 tons)
This report provides an in-depth analysis of the styrene market in the United Arab Emirates. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20141250 - Styrene
Country coverage:
- United Arab Emirates
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the United Arab Emirates
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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