Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in the United Arab Emirates - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in the United Arab Emirates (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in the United Arab Emirates (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in the United Arab Emirates
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in the United Arab Emirates
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in the United Arab Emirates (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $1,959 per ton in 2022, picking up by 28% against the previous year. In general, the import price recorded a prominent increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 60%. The import price peaked in 2022 and is expected to retain growth in the near future.
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 Saudi Arabia ($1,983 per ton), while the price for China ($1,160 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in the United Arab Emirates (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $2,017 per ton in 2022, surging by 15% against the previous year. Overall, the export price posted a moderate expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 99%. The export price peaked in 2022 and is likely to continue growth in years to come.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Saudi Arabia ($2,453 per ton) and Kenya ($2,425 per ton), while the average price for exports to Ethiopia ($1,813 per ton) and Nigeria ($1,899 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+23.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in the United Arab Emirates
In 2022, supplies from abroad of acids; saturated acyclic monocarboxylic acids; vinyl acetates was finally on the rise to reach 22K tons after two years of decline. Overall, imports, however, showed a noticeable curtailment.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates soared to $42M in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 17.5 | 14.2 | 22.5 | 40.8 | 32.6% |
| United States | 4.4 | 5.0 | 3.2 | 1.2 | -35.2% |
| Others | 0.8 | 0.1 | 2.7 | 0.2 | -37.0% |
| Total | 22.6 | 19.3 | 28.4 | 42.1 | 23.0% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to the United Arab Emirates in 2022:
- Saudi Arabia (20.6K tons)
- United States (0.8K tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in the United Arab Emirates
In 2022, approx. 3K tons of acids; saturated acyclic monocarboxylic acids; vinyl acetates were exported from the United Arab Emirates; increasing by 241% against 2021 figures. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 671% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; vinyl acetates surged to $6M in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,433% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | N/A | N/A | N/A | 1,961 | 0% |
| Bangladesh | N/A | N/A | N/A | 1,263 | 0% |
| Nigeria | N/A | N/A | N/A | 970 | 0% |
| Kenya | 16.4 | N/A | N/A | 620 | 235.6% |
| Sri Lanka | 33.3 | 46.3 | 523 | 594 | 161.3% |
| Ethiopia | N/A | N/A | 389 | 304 | -21.9% |
| Saudi Arabia | N/A | N/A | N/A | 295 | 0% |
| Russia | N/A | N/A | 469 | N/A | 0% |
| Morocco | 213 | N/A | N/A | N/A | 0% |
| Brazil | 71.7 | N/A | 73.3 | N/A | 1.1% |
| Others | 112 | 53.7 | 77.2 | 14.3 | -49.6% |
| Total | 446 | 99.9 | 1,532 | 6,021 | 138.1% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate from the United Arab Emirates in 2022:
- Pakistan (1013.4 tons)
- Bangladesh (608.5 tons)
- Nigeria (510.9 tons)
- Sri Lanka (303.1 tons)
- Kenya (255.4 tons)
- Ethiopia (167.9 tons)
- Saudi Arabia (120.3 tons)
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