MENA: Dolomite Market 2024

Dolomite Market Size in MENA

The MENA's dolomite market expanded sharply to $X in 2021, picking up by 7.7% against the previous year. In general, consumption, however, showed a mild descent. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Dolomite Production in MENA

In value terms, dolomite production expanded markedly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 18% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Dolomite Exports

Exports in MENA

In 2021, approx. X tons of chalk and dolomite were exported in MENA; growing by 33% on the previous year's figure. Over the period under review, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2017 when exports increased by 149% against the previous year. The volume of export peaked in 2021 and is likely to see steady growth in the immediate term.

In value terms, dolomite exports surged to $X in 2021. Overall, exports recorded a resilient increase. The pace of growth appeared the most rapid in 2017 with an increase of 83% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The United Arab Emirates dominates exports structure, resulting at X tons, which was approx. 92% of total exports in 2021. Saudi Arabia (X tons) and Turkey (X tons) held a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to dolomite exports from the United Arab Emirates stood at +12.2%. At the same time, Saudi Arabia (+28.7%) and Turkey (+11.2%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in MENA, with a CAGR of +28.7% from 2012-2021. The United Arab Emirates (+3.6 p.p.) and Saudi Arabia (+2.9 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest dolomite supplier in MENA, comprising 79% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with an 11% share of total exports.

In the United Arab Emirates, dolomite exports increased at an average annual rate of +9.3% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (+21.9% per year) and Turkey (+9.5% per year).

Export Prices by Country

In 2021, the export price in MENA amounted to $X per ton, with an increase of 6.5% against the previous year. Over the period under review, the export price, however, showed a perceptible downturn. The pace of growth appeared the most rapid in 2013 when the export price increased by 41% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-1.6%), while the other leaders experienced a decline in the export price figures.

Dolomite Imports

Imports in MENA

In 2021, the amount of chalk and dolomite imported in MENA surged to X tons, rising by 33% compared with 2020. Overall, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2018 when imports increased by 153%. The volume of import peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, dolomite imports soared to $X in 2021. In general, imports continue to indicate a moderate increase. The pace of growth was the most pronounced in 2018 when imports increased by 90%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Saudi Arabia (X tons) was the major importer of chalk and dolomite, making up 51% of total imports. It was distantly followed by Qatar (X tons), Bahrain (X tons), Lebanon (X tons) and Algeria (X tons), together achieving a 35% share of total imports. Israel (X tons) and Tunisia (X tons) took a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to dolomite imports into Saudi Arabia stood at +82.0%. At the same time, Qatar (+101.4%), Bahrain (+40.8%), Algeria (+7.9%) and Tunisia (+1.7%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in MENA, with a CAGR of +101.4% from 2012-2021. By contrast, Israel (-7.6%) and Lebanon (-11.6%) illustrated a downward trend over the same period. Saudi Arabia (+51 p.p.), Qatar (+15 p.p.) and Bahrain (+8.1 p.p.) significantly strengthened its position in terms of the total imports, while Algeria, Tunisia, Israel and Lebanon saw its share reduced by -2.1%, -4.4%, -18.2% and -43.7% from 2012 to 2021, respectively.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported chalk and dolomite in MENA, comprising 39% of total imports. The second position in the ranking was held by Bahrain ($X), with a 15% share of total imports. It was followed by Lebanon, with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Saudi Arabia amounted to +55.3%. In the other countries, the average annual rates were as follows: Bahrain (+38.1% per year) and Lebanon (-11.6% per year).

Import Prices by Country

In 2021, the import price in MENA amounted to $X per ton, standing approx. at the previous year. Overall, the import price, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 when the import price increased by 42% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, 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 ($X per ton), while Qatar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Algeria (+0.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform