Carbonates; Potassium Carbonate Price in the United Arab Emirates - 2021
Contents:
- Carbonates; Potassium Carbonate Price in the United Arab Emirates (CIF) - 2022
- Carbonates; Potassium Carbonate Price in the United Arab Emirates (FOB) - 2022
- Carbonates; Potassium Carbonate Imports in the United Arab Emirates
- Carbonates; Potassium Carbonate Exports in the United Arab Emirates
Carbonates; Potassium Carbonate Price in the United Arab Emirates (CIF) - 2022
In 2022, the average carbonates; potassium carbonate import price amounted to $1,130 per ton, dropping by -11.4% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 32% against the previous year. The import price peaked at $1,276 per ton in 2021, and then shrank in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,422 per ton), while the price for Taiwan (Chinese) ($556 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+24.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Carbonates; Potassium Carbonate Price in the United Arab Emirates (FOB) - 2022
The average carbonates; potassium carbonate export price stood at $704 per ton in 2022, dropping by -7.3% against the previous year. In general, the export price faced a deep slump. The pace of growth was the most pronounced in 2014 an increase of 46% against the previous year. Over the period under review, the average export prices attained the maximum at $2,524 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($1,298 per ton), while the average price for exports to Iran ($382 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 (-6.0%), while the prices for the other major destinations experienced a decline.
Carbonates; Potassium Carbonate Imports in the United Arab Emirates
In 2022, approx. 2K tons of carbonates; potassium carbonates were imported into the United Arab Emirates; increasing by 23% against 2021 figures. In general, imports, however, continue to indicate a relatively flat trend pattern.
In value terms, carbonates; potassium carbonate imports expanded remarkably to $2.2M in 2022. The total import value increased at an average annual rate of +2.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year. As a result, imports attained the peak of $2.4M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Carbonates; Potassium Carbonate in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 435 | 947 | 583 | 841 | 24.6% |
| United States | 852 | 693 | 128 | 688 | -6.9% |
| South Korea | 499 | 150 | 150 | 291 | -16.5% |
| Turkey | 4.0 | 29.2 | 14.7 | 159 | 241.3% |
| Taiwan (Chinese) | 58.6 | 175 | 107 | 155 | 38.3% |
| Malaysia | 18.6 | 36.9 | 38.9 | 56.1 | 44.5% |
| Russia | 28.3 | 47.5 | 33.1 | 47.7 | 19.0% |
| Others | 208 | 346 | 1,003 | 5.2 | -70.8% |
| Total | 2,103 | 2,425 | 2,058 | 2,242 | 2.2% |
Top Suppliers of Carbonates; Potassium Carbonate to the United Arab Emirates in 2022:
- United States (973.7 tons)
- South Korea (395.7 tons)
- Germany (347.1 tons)
- Taiwan (Chinese) (278.2 tons)
- Turkey (192.5 tons)
- Malaysia (84.8 tons)
- Russia (71.3 tons)
Carbonates; Potassium Carbonate Exports in the United Arab Emirates
In 2022, shipments abroad of carbonates; potassium carbonates was finally on the rise to reach 278 tons after two years of decline. In general, exports, however, showed a sharp decrease.
In value terms, carbonates; potassium carbonate exports soared to $196K in 2022. Over the period under review, exports, however, faced a dramatic downturn.
| Export of Carbonates; Potassium Carbonate in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 266 | 121 | 44.3 | 73.0 | -35.0% |
| Saudi Arabia | 77.5 | 75.6 | 1.3 | 60.5 | -7.9% |
| Iran | 86.9 | 42.4 | 15.4 | 25.6 | -33.5% |
| Oman | 30.7 | 14.6 | 6.0 | 12.3 | -26.3% |
| Afghanistan | 17.9 | 10.0 | 2.8 | 2.9 | -45.5% |
| Azerbaijan | 20.5 | 8.8 | N/A | N/A | -57.1% |
| Others | 36.2 | 30.2 | 18.8 | 21.2 | -16.3% |
| Total | 536 | 303 | 88.5 | 196 | -28.5% |
Top Export Markets for Carbonates; Potassium Carbonate from the United Arab Emirates in 2022:
- India (127.6 tons)
- Iran (67.1 tons)
- Saudi Arabia (63.2 tons)
- Oman (9.5 tons)
- Afghanistan (3.6 tons)
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