Price for Phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphates in the United Arab Emirates - 2022

Contents:

1. Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the United Arab Emirates (CIF) - 2022
2. Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the United Arab Emirates (FOB) - 2022
3. Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the United Arab Emirates
4. Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the United Arab Emirates

Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the United Arab Emirates (CIF) - 2022

The average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $1,729 per ton in 2022, picking up by 11% against the previous year. Over the period under review, the import price enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 an increase of 53%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

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 ($3,666 per ton), while the price for Turkey ($1,184 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the United Arab Emirates (FOB) - 2022

The average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $2,179 per ton in 2022, surging by 78% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached 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 Iran ($3,205 per ton), while the average price for exports to Yemen ($748 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 Saudi Arabia (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the United Arab Emirates

In 2022, supplies from abroad of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses decreased by -2% to 15K tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 6%. As a result, imports reached the peak of 21K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses expanded notably to $26M in 2022. The total import value increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 15%. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to the United Arab Emirates in 2022:

1. China (10.8K tons)
2. Tunisia (0.9K tons)
3. Turkey (0.8K tons)
4. India (0.3K tons)
5. Germany (0.3K tons)
6. Belgium (0.3K tons)
7. United Kingdom (0.2K tons)

Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in the United Arab Emirates

In 2022, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses from the United Arab Emirates contracted rapidly to 1.5K tons, declining by -76.2% against the year before. Overall, exports faced a significant contraction. The pace of growth was the most pronounced in 2021 with an increase of 71% against the previous year. As a result, the exports reached the peak of 6.2K tons, and then reduced remarkably in the following year.

In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses declined dramatically to $3.2M in 2022. Over the period under review, exports continue to indicate a sharp decline. The growth pace was the most rapid in 2021 with an increase of 45%. As a result, the exports attained the peak of $7.6M, and then reduced sharply in the following year.

Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from the United Arab Emirates in 2022:

1. India (297.4 tons)
2. Oman (173.8 tons)
3. Saudi Arabia (158.1 tons)
4. Pakistan (131.2 tons)
5. Yemen (85.2 tons)
6. Iraq (61.8 tons)
7. Kuwait (53.6 tons)
8. Jordan (53.5 tons)
9. Djibouti (49.9 tons)
10. Sudan (48.4 tons)
11. Vietnam (48.0 tons)
12. Iran (47.8 tons)
13. Kenya (41.3 tons)

Source: IndexBox Market Intelligence Platform