The United Arab Emirates (UAE) plays a pivotal role in the global petrochemicals market, particularly with its trade in epoxide resins, a crucial component in industrial applications. Recent trade data reflects significant trends in the UAE"s resin market, revealing shifts in both trade volume and commodity pricing. In 2023, the UAE imported approximately 19. 4 million kg of epoxide resins, valued at over $103 million. This marks a decrease from 2022"s import volume of 38. 1 million kg, which was valued at $149 million. Despite the reduced quantity in 2023, the unit price of imports appears to have increased, indicating a rise in global market prices or changes in resin quality and specifications. Exports in 2023 reached nearly 9.

6 million kg, valued at $57 million, indicating a slight reduction from 2022"s 16. 3 million kg and $61. 5 million in value. This decrease in export volume could reflect supply chain adjustments or strategic shifts in domestic consumption versus exports. Re-exports in 2023 totaled 3. 5 million kg with a value of $20. 6 million. Comparatively, 2022 saw higher re-export figures at 7.

8 million kg and a value of $31. 8 million. The decline in re-export activity suggests a potential redirection of trade flows or changes in regional demand dynamics. The UAE"s resin trade is characterized by intricate global supply and demand factors, with price fluctuations often mirroring international market trends. As the UAE continues to navigate its strategic position in the petrochemical sector, businesses seeking reliable data and efficient market entry can leverage platforms like Aritral. com. Aritral offers streamlined B2B solutions, including product listing and global sales assistance, fostering enhanced trade connectivity and market visibility.