Cerium Compounds Price in the United Arab Emirates - 2021

Contents:

  1. Cerium Compounds Price in the United Arab Emirates (CIF) - 2022
  2. Cerium Compounds Price in the United Arab Emirates (FOB) - 2022
  3. Cerium Compounds Imports in the United Arab Emirates
  4. Cerium Compounds Exports in the United Arab Emirates

Cerium Compounds Price in the United Arab Emirates (CIF) - 2022

The average cerium compounds import price stood at $12,333 per ton in 2022, reducing by -40.7% against the previous year. Over the period under review, the import price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 40% against the previous year. Over the period under review, average import prices hit record highs at $33,747 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($64,341 per ton), while the price for China ($11,289 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Cerium Compounds Price in the United Arab Emirates (FOB) - 2022

In 2022, the average cerium compounds export price amounted to $14,188 per ton, declining by -8.2% against the previous year. Overall, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2015 when the average export price increased by 46%. The export price peaked at $35,376 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Lebanon amounted to +254.7% per year.

Cerium Compounds Imports in the United Arab Emirates

In 2022, purchases abroad of cerium compoundses increased by 4,414% to 11 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cerium compounds imports surged to $130K in 2022. In general, imports, however, showed a perceptible setback.

Import of Cerium Compounds in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.01.01.810897.6%
India0.20.1N/A13.4306.2%
France73.67.32.05.5-57.9%
Spain23.32.40.6N/A-84.0%
Others29.40.80.32.7-54.9%
Total14111.54.8130-2.7%

Top Suppliers of Cerium Compounds to the United Arab Emirates in 2022:

  1. China (9.6 tons)
  2. India (0.8 tons)
  3. France (0.1 tons)

Cerium Compounds Exports in the United Arab Emirates

In 2022, shipments abroad of cerium compoundses decreased by -52.8% to 149 kg, falling for the second year in a row after two years of growth. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 962%. As a result, the exports reached the peak of 361 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, cerium compounds exports dropped remarkably to $2.1K in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,266% against the previous year. As a result, the exports attained the peak of $5.6K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Cerium Compounds in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LebanonN/AN/AN/A2.10%
RwandaN/AN/AN/AN/A0%
Iran0.45.44.7N/A242.8%
OthersN/A0.10.2N/A100.0%
Total0.45.64.92.173.8%

Top Export Markets for Cerium Compounds from the United Arab Emirates in 2022:

  1. Lebanon (149.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cerium compounds - United Arab Emirates