Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in the United Arab Emirates - 2022
Contents:
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in the United Arab Emirates (CIF) - 2022
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in the United Arab Emirates (FOB) - 2022
- Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in the United Arab Emirates
- Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in the United Arab Emirates
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in the United Arab Emirates (CIF) - 2022
The average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $1,612 per ton in 2022, with an increase of 4.7% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses increased by +11.0% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 135% against the previous year. Over the period under review, average import prices hit record highs at $2,306 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
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 the United States ($4,409 per ton), while the price for Japan ($1,045 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $2,477 per ton, jumping by 40% against the previous year. Over the last decade, it increased at an average annual rate of +6.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($3,525 per ton), while the average price for exports to Saudi Arabia ($1,500 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 the Philippines (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in the United Arab Emirates
In 2022, supplies from abroad of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses decreased by -16.1% to 3.5K tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 19%. As a result, imports reached the peak of 4.2K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses dropped to $5.6M in 2022. The total import value increased at an average annual rate of +1.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 11% against the previous year.
| Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.6 | 4.3 | 4.6 | 3.3 | -2.9% |
| South Korea | 0.7 | 0.8 | 0.8 | 1.9 | 39.5% |
| Germany | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Japan | 0.3 | 0.3 | 0.1 | 0.1 | -30.7% |
| United States | 0.3 | 0.3 | 0.5 | N/A | 29.1% |
| Taiwan (Chinese) | 0.2 | 0.2 | N/A | N/A | 0.0% |
| Others | 0.3 | 0.2 | 0.3 | 0.2 | -12.6% |
| Total | 5.5 | 6.1 | 6.4 | 5.6 | 0.6% |
Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to the United Arab Emirates in 2022:
- China (2575.1 tons)
- South Korea (725.8 tons)
- Germany (74.7 tons)
- Japan (73.2 tons)
- United States (1.5 tons)
Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in the United Arab Emirates
In 2022, overseas shipments of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses decreased by -59.4% to 439 tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 61%. As a result, the exports attained the peak of 1.3K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses dropped significantly to $1.1M in 2022. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year. As a result, the exports reached the peak of $2.1M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 6.8 | N/A | 106 | 493 | 317.0% |
| Uzbekistan | N/A | N/A | N/A | 339 | 0% |
| Qatar | N/A | N/A | N/A | 42.9 | 0% |
| Tanzania | N/A | N/A | N/A | 31.8 | 0% |
| Oman | 30.7 | 46.5 | 178 | 31.2 | 0.5% |
| Saudi Arabia | 255 | 393 | 46.7 | 29.5 | -51.3% |
| Iran | 968 | 1,145 | 1,183 | 17.3 | -73.9% |
| Comoros | 90.2 | 90.4 | 130 | N/A | 20.1% |
| India | 12.6 | 177 | 131 | N/A | 222.4% |
| Egypt | 18.3 | 192 | N/A | N/A | 949.2% |
| Others | 52.1 | 34.9 | 139 | 103 | 25.5% |
| Total | 1,434 | 2,079 | 1,914 | 1,088 | -8.8% |
Top Export Markets for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms from the United Arab Emirates in 2022:
- Nigeria (238.1 tons)
- Uzbekistan (96.2 tons)
- Qatar (22.0 tons)
- Saudi Arabia (19.7 tons)
- Oman (15.4 tons)
- Tanzania (14.1 tons)
- Iran (8.9 tons)
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