MENA: Arsenic Market 2024

Arsenic Market Size in MENA

The MENA's arsenic market dropped to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption, however, saw a abrupt shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Arsenic Production in MENA

In value terms, arsenic production dropped to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt setback. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Arsenic Exports

Exports in MENA

After two years of growth, shipments abroad of arsenic decreased by X% to X tons in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons, and then declined dramatically in the following year.

In value terms, arsenic exports declined markedly to $X in 2022. Overall, exports saw a pronounced slump. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then dropped rapidly in the following year.

Exports by Country

Iran was the largest exporter of arsenic in MENA, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. It was distantly followed by Turkey (X tons), committing a X% share of total exports.

Iran was also the fastest-growing in terms of the arsenic exports, with a CAGR of X% from 2012 to 2022. Turkey (X%) illustrated a downward trend over the same period. While the share of Iran (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Turkey (X p.p.) displayed negative dynamics.

In value terms, Turkey ($X) and Iran ($X) constituted the countries with the highest levels of exports in 2022.

Among the main exporting countries, Iran, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price showed a perceptible contraction. The growth pace was the most rapid in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Iran totaled $X per ton.

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

Arsenic Imports

Imports in MENA

In 2022, the amount of arsenic imported in MENA skyrocketed to X tons, growing by X% on the year before. Over the period under review, imports recorded a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, arsenic imports soared to $X in 2022. Overall, imports posted prominent growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey dominates imports structure, accounting for X tons, which was approx. X% of total imports in 2022. It was distantly followed by Iran (X tons), creating an X% share of total imports. Algeria (X tons), Bahrain (X tons), Egypt (X tons) and Israel (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to arsenic imports into Turkey stood at X%. At the same time, Bahrain (X%), Iran (X%) and Algeria (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. Egypt experienced a relatively flat trend pattern. By contrast, Israel (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.), Bahrain (X p.p.) and Iran (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Algeria (X p.p.), Israel (X p.p.) and Egypt (X p.p.) displayed negative dynamics.

In value terms, Turkey ($X) constitutes the largest market for imported arsenic in MENA, comprising X% of total imports. The second position in the ranking was taken by Egypt ($X), with a X% share of total imports. It was followed by Algeria, with an X% share.

In Turkey, arsenic imports 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: Egypt (X% per year) and Algeria (X% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the import price continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform