GCC: Market for Non-Ionic Surface-Active Agents (Excluding Soap) 2024

Market Size for Non-Ionic Surface-Active Agents (Excluding Soap) in GCC

For the third consecutive year, the GCC market for non-ionic surface-active agents (excluding soap) recorded growth in sales value, which increased by 9% to $X in 2021. The total consumption indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +3.3% 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 +75.6% against 2018 indices. The level of consumption peaked in 2021 and is likely to see gradual growth in years to come.

Production of Non-Ionic Surface-Active Agents (Excluding Soap) in GCC

In value terms, non-ionic surface-active agents (excl. soap) production declined to $X in 2021 estimated in export price. The total production indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +65.4% against 2018 indices. The pace of growth was the most pronounced in 2020 when the production volume increased by 40% against the previous year. As a result, production attained the peak level of $X, and then reduced in the following year.

Exports of Non-Ionic Surface-Active Agents (Excluding Soap)

Exports in GCC

In 2021, after two years of growth, there was significant decline in shipments abroad of non-ionic surface-active agents (excluding soap), when their volume decreased by -16.3% to X tons. Overall, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2019 when exports increased by 90% against the previous year. The volume of export peaked at X tons in 2020, and then contracted remarkably in the following year.

In value terms, non-ionic surface-active agents (excl. soap) exports expanded to $X in 2021. In general, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2013 with an increase of 122%. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in years to come.

Exports by Country

In 2021, the United Arab Emirates (X tons) represented the key exporter of non-ionic surface-active agents (excluding soap), constituting 51% of total exports. It was distantly followed by Bahrain (X tons) and Saudi Arabia (X tons), together constituting a 48% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Bahrain (with a CAGR of +114.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) remains the largest non-ionic surface-active agents (excl. soap) supplier in GCC, comprising 71% of total exports. The second position in the ranking was held by Bahrain ($X), with a 21% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United Arab Emirates totaled +26.1%. In the other countries, the average annual rates were as follows: Bahrain (+94.7% per year) and Saudi Arabia (+29.0% per year).

Export Prices by Country

In 2021, the export price in GCC amounted to $X per ton, increasing by 24% against the previous year. Export price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-ionic surface-active agents (excl. soap) export price increased by +79.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of 46%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: 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 the United Arab Emirates (+10.2%), while the other leaders experienced a decline in the export price figures.

Imports of Non-Ionic Surface-Active Agents (Excluding Soap)

Imports in GCC

For the fifth year in a row, GCC recorded growth in supplies from abroad of non-ionic surface-active agents (excluding soap), which increased by 37% to X tons in 2021. Total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +8.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +107.1% against 2012 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-ionic surface-active agents (excl. soap) imports soared to $X in 2021. In general, imports enjoyed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United Arab Emirates (X tons) and Saudi Arabia (X tons) prevails in imports structure, together comprising 89% of total imports. It was distantly followed by Kuwait (X tons), constituting a 4.9% share of total imports. The following importers - Bahrain (X tons) and Oman (X tons) - each resulted at a 4.8% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Bahrain (with a CAGR of +24.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-ionic surface-active agents (excl. soap) importing markets in GCC were Saudi Arabia ($X), the United Arab Emirates ($X) and Kuwait ($X), together comprising 94% of total imports. Bahrain and Oman lagged somewhat behind, together accounting for a further 5%.

Among the main importing countries, Bahrain, with a CAGR of +24.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in GCC stood at $X per ton in 2021, surging by 4.1% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 17%. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Bahrain ($X per ton) and Saudi Arabia ($X per ton), while the United Arab Emirates ($X per ton) and Kuwait ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+3.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform