GCC: Amylaceous Finishing Agents Market 2024

Amylaceous Finishing Agents Market Size in GCC

In 2022, the GCC amylaceous finishing agents market decreased by X% to $X, falling for the second year in a row after three years of growth. Overall, consumption recorded a deep setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Amylaceous Finishing Agents Production in GCC

In value terms, amylaceous finishing agents production amounted to $X in 2022 estimated in export price. In general, production enjoyed a prominent increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Amylaceous Finishing Agents Exports

Exports in GCC

In 2022, overseas shipments of finishing agents with amylaceous basis increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports enjoyed strong growth. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, amylaceous finishing agents exports expanded sharply to $X in 2022. Overall, exports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, the United Arab Emirates (X tons) represented the main exporter of finishing agents with amylaceous basis, constituting X% of total exports. It was distantly followed by Saudi Arabia (X tons), making up a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to amylaceous finishing agents exports from the United Arab Emirates stood at X%. At the same time, Saudi Arabia (X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2022. While the share of Saudi Arabia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United Arab Emirates (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) remains the largest amylaceous finishing agents supplier in GCC, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports.

In the United Arab Emirates, amylaceous finishing agents exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price saw a noticeable contraction. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%).

Amylaceous Finishing Agents Imports

Imports in GCC

After four years of growth, purchases abroad of finishing agents with amylaceous basis decreased by X% to X tons in 2022. Overall, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, amylaceous finishing agents imports reduced rapidly to $X in 2022. Over the period under review, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) and Kuwait (X tons) represented the largest importers of finishing agents with amylaceous basis in GCC, together accounting for approx. X% of total imports. Qatar (X tons) took the next position in the ranking, followed by Bahrain (X tons). All these countries together took approx. X% share of total imports. Oman (X tons) followed a long way behind the leaders.

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

In value terms, the United Arab Emirates ($X), Kuwait ($X) and Qatar ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports.

In terms of the main importing countries, Qatar, with a CAGR of X%, 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

The import price in GCC stood at $X per ton in 2022, surging by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Qatar ($X per ton), while Oman ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform