GCC: Market for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates 2025

Market Size for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates in GCC

The GCC chlorates, bromates and iodates market shrank to $X in 2021, reducing by -8.1% against the previous year. The total consumption indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +9.4% against 2019 indices. The level of consumption peaked at $X in 2020, and then dropped in the following year.

Production of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates in GCC

In value terms, chlorates, bromates and iodates production fell to $X in 2021 estimated in export price. The total production indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +11.1% against 2019 indices. The growth pace was the most rapid in 2017 with an increase of 29%. Over the period under review, production attained the peak level at $X in 2020, and then dropped in the following year.

Exports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Exports in GCC

In 2021, shipments abroad of chlorates and perchlorates, bromates and perbromates, iodates and periodates decreased by -14.9% to X tons, falling for the sixth year in a row after four years of growth. In general, exports saw a abrupt setback. The pace of growth was the most pronounced in 2015 with an increase of 3,076%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, chlorates, bromates and iodates exports surged to $X in 2021. Over the period under review, exports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2015 when exports increased by 381% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

In 2021, Saudi Arabia (X tons) represented the key exporter of chlorates and perchlorates, bromates and perbromates, iodates and periodates, mixing up 56% of total exports. It was distantly followed by Kuwait (X tons), the United Arab Emirates (X tons) and Oman (X tons), together committing a 44% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to chlorates, bromates and iodates exports from Saudi Arabia stood at -21.5%. Kuwait (-5.2%), Oman (-7.3%) and the United Arab Emirates (-21.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Kuwait and Oman increased by +13 and +9.3 percentage points, respectively.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Kuwait ($X) constituted the countries with the highest levels of exports in 2021, with a combined 88% share of total exports.

In terms of the main exporting countries, Kuwait, with a CAGR of +10.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the export price in GCC amounted to $X per ton, picking up by 52% against the previous year. Overall, the export price showed strong growth. The pace of growth appeared the most rapid in 2016 an increase of 603%. Over the period under review, the export prices attained the peak figure in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kuwait (+16.1%), while the other leaders experienced more modest paces of growth.

Imports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Imports in GCC

In 2021, approx. X tons of chlorates and perchlorates, bromates and perbromates, iodates and periodates were imported in GCC; which is down by -4.4% on 2020 figures. Overall, imports showed a noticeable reduction. The most prominent rate of growth was recorded in 2014 with an increase of 229% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, chlorates, bromates and iodates imports fell to $X in 2021. In general, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2014 when imports increased by 50% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

Oman prevails in imports structure, finishing at X tons, which was approx. 89% of total imports in 2021. It was distantly followed by the United Arab Emirates (X tons), constituting a 6.4% share of total imports. Kuwait (X tons) followed a long way behind the leaders.

Oman experienced a relatively flat trend pattern with regard to volume of imports of chlorates and perchlorates, bromates and perbromates, iodates and periodates. The United Arab Emirates (-13.1%) and Kuwait (-13.1%) illustrated a downward trend over the same period. Oman (+32 p.p.) significantly strengthened its position in terms of the total imports, while Kuwait and the United Arab Emirates saw its share reduced by -6.6% and -9.3% from 2012 to 2021, respectively.

In value terms, Oman ($X) constitutes the largest market for imported chlorates and perchlorates, bromates and perbromates, iodates and periodates in GCC, comprising 93% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 5.6% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Oman totaled -5.2%. In the other countries, the average annual rates were as follows: the United Arab Emirates (-11.9% per year) and Kuwait (-21.8% per year).

Import Prices by Country

In 2021, the import price in GCC amounted to $X per ton, picking up by 4.5% against the previous year. Over the period under review, the import price, however, saw a perceptible decrease. The growth pace was the most rapid in 2015 an increase of 99% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Oman ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform