MENA: Dicalcium Phosphate Market 2024

Dicalcium Phosphate Market Size in MENA

The MENA's dicalcium phosphate market soared to $X in 2021, increasing by 107% against the previous year. Overall, consumption saw a buoyant expansion. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Dicalcium Phosphate Production in MENA

In value terms, dicalcium phosphate production soared to $X in 2021 estimated in export price. Over the period under review, production recorded resilient growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 369% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Dicalcium Phosphate Exports

Exports in MENA

In 2021, approx. X tons of calcium hydrogenorthophosphate (dicalcium phosphate) were exported in MENA; picking up by 38% on the year before. Total exports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -17.3% against 2019 indices. The most prominent rate of growth was recorded in 2014 when exports increased by 50% against the previous year. The volume of export peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, dicalcium phosphate exports skyrocketed to $X in 2021. Total exports indicated a perceptible expansion 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. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Tunisia (X tons) was the major exporter of calcium hydrogenorthophosphate (dicalcium phosphate), mixing up 65% of total exports. It was distantly followed by Turkey (X tons) and Morocco (X tons), together constituting a 34% share of total exports.

Tunisia experienced a relatively flat trend pattern with regard to volume of exports of calcium hydrogenorthophosphate (dicalcium phosphate). At the same time, Morocco (+44.2%) and Turkey (+14.9%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in MENA, with a CAGR of +44.2% from 2012-2021. From 2012 to 2021, the share of Turkey and Morocco increased by +14 and +10 percentage points, respectively.

In value terms, Tunisia ($X) emerged as the largest dicalcium phosphate supplier in MENA, comprising 64% of total exports. The second position in the ranking was held by Turkey ($X), with a 24% share of total exports.

In Tunisia, dicalcium phosphate exports remained relatively stable over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (+13.6% per year) and Morocco (+45.3% per year).

Export Prices by Country

In 2021, the export price in MENA amounted to $X per ton, picking up by 31% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Morocco ($X per ton), while Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Morocco (+0.8%), while the other leaders experienced a decline in the export price figures.

Dicalcium Phosphate Imports

Imports in MENA

For the fifth year in a row, MENA recorded decline in supplies from abroad of calcium hydrogenorthophosphate (dicalcium phosphate), which decreased by -28% to X tons in 2021. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2014 when imports increased by 19% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, dicalcium phosphate imports rose markedly to $X in 2021. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of 9.1%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Algeria (X tons), Saudi Arabia (X tons) and Egypt (X tons) represented roughly 62% of total imports in 2021. Syrian Arab Republic (X tons) ranks next in terms of the total imports with a 6.2% share, followed by Turkey (5.8%), Iraq (4.7%) and the United Arab Emirates (4.6%).

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +37.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest dicalcium phosphate importing markets in MENA were Egypt ($X), Algeria ($X) and Saudi Arabia ($X), with a combined 53% share of total imports. Turkey, the United Arab Emirates, Syrian Arab Republic and Iraq lagged somewhat behind, together accounting for a further 29%.

The United Arab Emirates, with a CAGR of +42.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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 MENA stood at $X per ton in 2021, picking up by 50% against the previous year. Import price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, dicalcium phosphate import price increased by +70.7% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, 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 Egypt (+6.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform