MENA: Chloroform Market 2024

Chloroform Market Size in MENA

The MENA's chloroform market contracted slightly to $X in 2022, dropping by X% against the previous year. Overall, consumption saw a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Chloroform Production in MENA

In value terms, chloroform production fell to $X in 2022 estimated in export price. In general, production showed a deep downturn. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Chloroform Exports

Exports in MENA

In 2022, overseas shipments of chloroform (trichloromethane) decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a drastic downturn. The growth pace was the most rapid in 2020 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, chloroform exports declined markedly to $X in 2022. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Israel was the major exporting country with an export of around X tons, which accounted for X% of total exports. Turkey (X tons) held the second position in the ranking, distantly followed by the United Arab Emirates (X tons). All these countries together held approx. X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to chloroform exports from Israel stood at X%. At the same time, Turkey (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. By contrast, the United Arab Emirates (X%) illustrated a downward trend over the same period. Turkey (X p.p.) and Israel (X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Turkey ($X) emerged as the largest chloroform supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Israel ($X), with a X% share of total exports.

In Turkey, chloroform exports 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: Israel (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the export price continues to indicate buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Israel ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced a decline in the export price figures.

Chloroform Imports

Imports in MENA

In 2022, the amount of chloroform (trichloromethane) imported in MENA contracted to X tons, with a decrease of X% against the previous year. Over the period under review, imports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, chloroform imports declined modestly to $X in 2022. Overall, imports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X tons) was the key importer of chloroform (trichloromethane), generating X% of total imports. Egypt (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Iran (X%) and Turkey (X%). Saudi Arabia (X tons) and Israel (X tons) held a minor share of total imports.

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

In value terms, the largest chloroform importing markets in MENA were the United Arab Emirates ($X), Egypt ($X) and Turkey ($X), together comprising X% of total imports.

The United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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

In 2022, the import price in MENA amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform