Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the United Arab Emirates - 2022

Contents:

1. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the United Arab Emirates (CIF) - 2022
2. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the United Arab Emirates (FOB) - 2022
3. Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the United Arab Emirates
4. Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the United Arab Emirates

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the United Arab Emirates (CIF) - 2022

The average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $20,938 per ton in 2022, shrinking by -22.8% against the previous year. Overall, the import price recorded a noticeable slump. The pace of growth was the most pronounced in 2014 an increase of 135% against the previous year. As a result, import price attained the peak level of $55,735 per ton. From 2015 to 2022, the average 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 the United States ($52,442 per ton), while the price for China ($7,847 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses amounted to $27,422 per ton, waning by -7.5% against the previous year. Overall, the export price, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 593% against the previous year. As a result, the export price reached the peak level of $29,649 per ton, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($153,688 per ton), while the average price for exports to Ethiopia ($352 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 (+41.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the United Arab Emirates

In 2022, purchases abroad of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses decreased by -27.3% to 299 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt slump. The growth pace was the most rapid in 2020 when imports increased by 41% against the previous year. As a result, imports attained the peak of 584 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses dropped notably to $6.3M in 2022. Overall, imports saw a mild descent. The pace of growth was the most pronounced in 2020 with an increase of 105% against the previous year. As a result, imports reached the peak of $13M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to the United Arab Emirates in 2022:

1. China (115.0 tons)
2. Spain (77.4 tons)
3. Italy (59.9 tons)
4. Sweden (13.1 tons)
5. Germany (12.6 tons)
6. France (8.2 tons)
7. United States (7.5 tons)

Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in the United Arab Emirates

In 2022, overseas shipments of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses increased by 3,333% to 63 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports showed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses surged to $1.7M in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles from the United Arab Emirates in 2022:

1. Saudi Arabia (38.5 tons)
2. Bahrain (15.8 tons)
3. Ethiopia (5.7 tons)
4. Iraq (2.0 tons)

Source: IndexBox Market Intelligence Platform