GCC: Market for Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals 2025

Market Size for Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals in GCC

The GCC chloride oxides of metal market amounted to $X in 2021, increasing by 12% against the previous year. Over the period under review, consumption showed a buoyant increase. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Production of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals in GCC

In value terms, chloride oxides of metal production surged to $X in 2021 estimated in export price. In general, production enjoyed a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of 85%. The level of production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Exports of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals

Exports in GCC

In 2021, shipments abroad of chloride oxides and chloride hydroxides of copper and other metals was finally on the rise to reach X tons for the first time since 2015, thus ending a five-year declining trend. In general, exports, however, saw a deep setback. The volume of export peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, chloride oxides of metal exports surged to $X in 2021. Overall, exports, however, faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when exports increased by 70%. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, the United Arab Emirates (X tons) represented the major exporter of chloride oxides and chloride hydroxides of copper and other metals, creating 70% of total exports. Saudi Arabia (X tons) took a 16% share (based on physical terms) of total exports, which put it in second place, followed by Kuwait (7.4%) and Oman (6.2%).

From 2012 to 2021, average annual rates of growth with regard to chloride oxides of metal exports from the United Arab Emirates stood at -7.0%. Oman experienced a relatively flat trend pattern. Saudi Arabia (-2.9%) and Kuwait (-12.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Saudi Arabia and Oman increased by +4.9 and +3 percentage points, respectively.

In value terms, the United Arab Emirates ($X) remains the largest chloride oxides of metal supplier in GCC, comprising 64% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 26% share of total exports. It was followed by Oman, with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United Arab Emirates stood at -16.0%. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (+5.2% per year) and Oman (+12.6% per year).

Export Prices by Country

The export price in GCC stood at $X per ton in 2021, waning by -36.6% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when the export price increased by 33% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+12.1%), while the other leaders experienced mixed trends in the export price figures.

Imports of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals

Imports in GCC

In 2021, the amount of chloride oxides and chloride hydroxides of copper and other metals imported in GCC shrank sharply to X tons, waning by -29.8% compared with the previous year. Over the period under review, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2014 when imports increased by 84%. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, chloride oxides of metal imports shrank notably to $X in 2021. In general, imports saw a mild contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 57% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates prevails in imports structure, reaching X tons, which was near 84% of total imports in 2021. It was distantly followed by Oman (X tons), achieving a 9.8% share of total imports. Kuwait (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to chloride oxides of metal imports into the United Arab Emirates stood at +9.6%. At the same time, Oman (+19.3%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing importer imported in GCC, with a CAGR of +19.3% from 2012-2021. By contrast, Kuwait (-7.0%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+62 p.p.) and Oman (+8.6 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest chloride oxides of metal importing markets in GCC were the United Arab Emirates ($X), Oman ($X) and Kuwait ($X), together comprising 91% of total imports.

In terms of the main importing countries, Oman, with a CAGR of +13.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in GCC amounted to $X per ton, dropping by -14.7% against the previous year. Over the period under review, the import price, however, recorded a moderate expansion. The most prominent rate of growth was recorded in 2013 an increase of 172% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Oman ($X per ton), while the United Arab Emirates ($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 (+3.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform