United Arab Emirates: Agglomerated Powder Rod Market 2024

Agglomerated Powder Rod Market Size in the United Arab Emirates

In 2022, the agglomerated powder rod market in the United Arab Emirates decreased by X% to $X, falling for the third year in a row after two years of growth. In general, consumption, however, continues to indicate a measured increase. Agglomerated powder rod consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Agglomerated Powder Rod Production in the United Arab Emirates

In value terms, agglomerated powder rod production reached $X in 2022 estimated in export price. Over the period under review, production, however, posted a significant expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Agglomerated Powder Rod Exports

Exports from the United Arab Emirates

In 2022, exports of base metal wire and rods of agglomerated base powder from the United Arab Emirates surged to X tons, jumping by X% against 2021 figures. In general, exports enjoyed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, agglomerated powder rod exports soared to $X in 2022. Over the period under review, exports showed a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey (X tons), Saudi Arabia (X tons) and Tanzania (X tons) were the main destinations of agglomerated powder rod exports from the United Arab Emirates, together accounting for X% of total exports. Zambia, Oman, Burundi, Egypt, Malaysia, Comoros, China, Senegal, Thailand and Jordan lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for base metal wire and rods of agglomerated base powder exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was taken by Jordan ($X), with a X% share of total exports. It was followed by Turkey, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (X% per year) and Turkey (X% per year).

Export Prices by Country

In 2022, the average agglomerated powder rod export price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($X per ton), while the average price for exports to Comoros ($X 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 Jordan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Agglomerated Powder Rod Imports

Imports into the United Arab Emirates

In 2022, the amount of base metal wire and rods of agglomerated base powder imported into the United Arab Emirates skyrocketed to X tons, picking up by X% on 2021. Over the period under review, imports, however, continue to indicate a abrupt decline. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, agglomerated powder rod imports surged to $X in 2022. In general, imports, however, saw a perceptible curtailment. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), India (X tons) and Hungary (X tons) were the main suppliers of agglomerated powder rod imports to the United Arab Emirates, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Taiwan (Chinese) ($X) appeared to be the largest agglomerated powder rod suppliers to the United Arab Emirates, with a combined X% share of total imports. Germany, Sweden, India, the Netherlands, Hungary, the UK, South Korea, Italy and Saudi Arabia lagged somewhat behind, together comprising a further X%.

Hungary, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average agglomerated powder rod import price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a 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 ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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