Salts; Molybdates Price in the United Arab Emirates - 2021
Contents:
- Salts; Molybdates Price in the United Arab Emirates (CIF) - 2022
- Salts; Molybdates Price in the United Arab Emirates (FOB) - 2022
- Salts; Molybdates Imports in the United Arab Emirates
- Salts; Molybdates Exports in the United Arab Emirates
Salts; Molybdates Price in the United Arab Emirates (CIF) - 2022
In 2022, the average salts; molybdates import price amounted to $12,972 per ton, reducing by -28.9% against the previous year. In general, the import price, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 an increase of 136% against the previous year. As a result, import price attained the peak level of $18,249 per ton, and then contracted rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($47,397 per ton), while the price for Saudi Arabia ($3,296 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+25.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Salts; Molybdates Price in the United Arab Emirates (FOB) - 2022
The average salts; molybdates export price stood at $19,798 per ton in 2022, reducing by -17.2% against the previous year. Over the period under review, the export price, however, posted a remarkable increase. The pace of growth was the most pronounced in 2014 an increase of 64%. The export price peaked at $23,901 per ton in 2021, and then contracted dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($33,117 per ton), while the average price for exports to India ($6,128 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 (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.
Salts; Molybdates Imports in the United Arab Emirates
Salts; molybdates imports into the United Arab Emirates expanded modestly to 45 tons in 2022, growing by 4.4% against 2021. The total import volume increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 43%. As a result, imports reached the peak of 49 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, salts; molybdates imports fell remarkably to $586K in 2022. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 107%. As a result, imports reached the peak of $790K, and then shrank rapidly in the following year.
| Import of Salts; Molybdates in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 34.2 | 114 | 207 | 315 | 109.6% |
| Poland | 77.8 | 83.3 | 54.6 | 50.3 | -13.5% |
| Saudi Arabia | 15.2 | 47.1 | 50.0 | 46.0 | 44.6% |
| Italy | 2.5 | 27.1 | 216 | 45.3 | 162.7% |
| United States | 4.1 | 13.0 | 6.9 | 37.2 | 108.6% |
| China | 58.8 | 56.5 | 35.0 | 30.9 | -19.3% |
| United Kingdom | 5.1 | 6.1 | 4.2 | 3.4 | -12.6% |
| Kuwait | 11.2 | N/A | N/A | N/A | 0% |
| Others | 89.0 | 35.1 | 215 | 58.0 | -13.3% |
| Total | 298 | 382 | 790 | 586 | 25.3% |
Top Suppliers of Salts; Molybdates to the United Arab Emirates in 2022:
- India (18.5 tons)
- Saudi Arabia (13.9 tons)
- Poland (5.6 tons)
- China (2.6 tons)
- United States (1.1 tons)
- Italy (1.0 tons)
- United Kingdom (0.6 tons)
Salts; Molybdates Exports in the United Arab Emirates
In 2022, the amount of salts; molybdateses exported from the United Arab Emirates was estimated at 5 tons, remaining stable against 2021. The total export volume increased at an average annual rate of +8.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 32%. As a result, the exports attained the peak of 5.1 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, salts; molybdates exports dropped dramatically to $99K in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 48%. As a result, the exports reached the peak of $118K, and then fell rapidly in the following year.
| Export of Salts; Molybdates in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 31.7 | 37.2 | 15.9 | 33.4 | 1.8% |
| Kazakhstan | N/A | N/A | 10.1 | 33.4 | 230.7% |
| Saudi Arabia | 15.9 | 15.7 | 11.9 | 17.7 | 3.6% |
| Oman | 12.5 | 5.7 | 4.2 | 6.2 | -20.8% |
| Pakistan | 1.1 | 0.9 | 2.9 | 4.3 | 57.5% |
| Turkey | N/A | N/A | N/A | 2.2 | 0% |
| Azerbaijan | N/A | N/A | 72.0 | 0.3 | -99.6% |
| Zimbabwe | N/A | 12.6 | N/A | N/A | 0% |
| Others | 1.6 | 7.7 | 1.2 | 1.4 | -4.4% |
| Total | 62.7 | 79.9 | 118 | 99.1 | 16.5% |
Top Export Markets for Salts; Molybdates from the United Arab Emirates in 2022:
- Bahrain (2329.0 kg)
- Kazakhstan (1264.0 kg)
- Saudi Arabia (737.0 kg)
- Pakistan (330.0 kg)
- Oman (188.0 kg)
- Turkey (87.0 kg)
- Azerbaijan (17.0 kg)
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