GCC: Market for Calcined And Sintered Dolomite 2024

Market Size for Calcined And Sintered Dolomite in GCC

The GCC calcined and sintered dolomite market reached $X in 2021, increasing by 3% against the previous year. The total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -1.0% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Calcined And Sintered Dolomite in GCC

In value terms, calcined and sintered dolomite production expanded notably to $X in 2021 estimated in export price. Overall, production showed a prominent increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by 47%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Calcined And Sintered Dolomite

Exports in GCC

In 2021, calcined and sintered dolomite exports in GCC skyrocketed to X tons, with an increase of 29% on 2020 figures. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 312%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, calcined and sintered dolomite exports surged to $X in 2021. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by 304% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates was the key exporting country with an export of about X tons, which reached 79% of total exports. It was distantly followed by Saudi Arabia (X tons), creating a 21% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the calcined and sintered dolomite exports, with a CAGR of +40.4% from 2012 to 2021. At the same time, Saudi Arabia (+14.2%) displayed positive paces of growth. While the share of the United Arab Emirates (+42 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Saudi Arabia (-42 p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) remains the largest calcined and sintered dolomite supplier in GCC, comprising 80% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the United Arab Emirates totaled +47.8%.

Export Prices by Country

In 2021, the export price in GCC amounted to $X per ton, approximately reflecting the previous year. Export price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, calcined and sintered dolomite export price decreased by -5.4% against 2019 indices. The growth pace was the most rapid in 2014 when the export price increased by 37%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.3%).

Imports of Calcined And Sintered Dolomite

Imports in GCC

In 2021, overseas purchases of calcined and sintered dolomite increased by 19% to X tons, rising for the sixth consecutive year after three years of decline. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 173%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, calcined and sintered dolomite imports expanded rapidly to $X in 2021. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 134% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Imports by Country

In 2021, Oman (X tons) represented the key importer of calcined and sintered dolomite, achieving 75% of total imports. It was distantly followed by Bahrain (X tons), generating a 24% share of total imports.

Oman was also the fastest-growing in terms of the calcined and sintered dolomite imports, with a CAGR of +76.1% from 2012 to 2021. At the same time, Bahrain (+14.1%) displayed positive paces of growth. Oman (+73 p.p.) significantly strengthened its position in terms of the total imports, while Bahrain saw its share reduced by -17.8% from 2012 to 2021, respectively.

In value terms, Oman ($X) constitutes the largest market for imported calcined and sintered dolomite in GCC, comprising 73% of total imports. The second position in the ranking was held by Bahrain ($X), with a 24% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Oman amounted to +64.6%.

Import Prices by Country

The import price in GCC stood at $X per ton in 2021, with a decrease of -5.4% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the import price increased by 48% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was Bahrain ($X per ton), while Oman totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bahrain (-4.8%).

Source: IndexBox Platform