United Arab Emirates: Market for Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives 2024

Market Size for Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives in the United Arab Emirates

The market for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives in the United Arab Emirates expanded to $X in 2022, surging by X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives in the United Arab Emirates

In value terms, production of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives amounted to $X in 2022 estimated in export price. Over the period under review, the total production indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth failed to regain momentum.

Exports of Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives

Exports from the United Arab Emirates

In 2022, shipments abroad of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives increased by X% to X tons, rising for the fifth consecutive year after two years of decline. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives dropped to $X in 2022. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then dropped in the following year.

Exports by Country

Oman (X tons) was the main destination for exports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives from the United Arab Emirates, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Oman totaled X%.

In value terms, Oman ($X) also remains the key foreign market for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives exports from the United Arab Emirates.

From 2012 to 2022, the average annual growth rate of value to Oman amounted to X%.

Export Prices by Country

In 2022, the average export price for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Oman.

From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to X% per year.

Imports of Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives

Imports into the United Arab Emirates

In 2022, overseas purchases of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives decreased by X% to X tons, falling for the second consecutive year after three years of growth. Overall, imports showed a sharp descent. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives fell to $X in 2022. In general, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives to the United Arab Emirates, with a X% share of total imports. Moreover, imports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives from Spain exceeded the figures recorded by the second-largest supplier, India (X kg), fourfold. China (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and China (X% per year).

In value terms, the largest acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives suppliers to the United Arab Emirates were Spain ($X), India ($X) and China ($X), together comprising X% of total imports. Germany, Mexico, Belgium and Japan lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Mexico, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price posted a buoyant expansion. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform