GCC: Market for Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine) 2025

Market Size for Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine) in GCC

In 2022, the GCC market for acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. In general, consumption, however, posted a resilient increase. The level of consumption peaked at $X in 2021, and then reduced in the following year.

Production of Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine) in GCC

In value terms, production of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) totaled $X in 2022 estimated in export price. The total production indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a lower figure.

Exports of Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine)

Exports in GCC

In 2022, overseas shipments of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, exports of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) declined significantly to $X in 2022. Over the period under review, exports faced a abrupt descent. The pace of growth was the most pronounced in 2020 when exports increased by X%. Over the period under review, the exports of reached the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the two major exporters of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine), namely the United Arab Emirates and Saudi Arabia, represented more than two-thirds of total export.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%).

In value terms, the largest acylic monoamines,their derivatives and salts thereof supplying countries in GCC were the United Arab Emirates ($X) and Saudi Arabia ($X).

In terms of the main exporting countries, the United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2021, and then contracted in the following year.

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 stood at $X per ton.

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

Imports of Acylic Monoamines,Their Derivatives And Salts Thereof (Excl. Methylamine; Di- or Trimethylamine)

Imports in GCC

In 2022, supplies from abroad of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X%. The volume of import peaked at X tons in 2021, and then shrank remarkably in the following year.

In value terms, imports of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) reduced notably to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports of hit record highs at $X in 2021, and then shrank remarkably in the following year.

Imports by Country

The United Arab Emirates was the largest importer of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) in GCC, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2022. It was distantly followed by Qatar (X tons), making up a X% share of total imports. The following importers - Kuwait (X tons) and Oman (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to acylic monoamines,their derivatives and salts thereof imports into the United Arab Emirates stood at X%. At the same time, Oman (X%) and Kuwait (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. By contrast, Qatar (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Qatar (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) in GCC, comprising X% of total imports. The second position in the ranking was taken by Qatar ($X), with a X% share of total imports. It was followed by Oman, with a X% share.

In the United Arab Emirates, imports of acylic monoamines,their derivatives and salts thereof (excl. methylamine; di- or trimethylamine) expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Qatar (X% per year) and Oman (X% per year).

Import Prices by Country

The import price in GCC stood at $X per ton in 2022, with an increase of X% 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 2016 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform