MENA: Market for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof 2025

Market Size for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in MENA

In 2022, after two years of decline, there was growth in the MENA's market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof, when its value increased by 0.7% to $X. In general, consumption continues to indicate a strong expansion. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in MENA

In value terms, production of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof skyrocketed to $X in 2022 estimated in export price. Over the period under review, production recorded a significant increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by 147% against the previous year. The level of production peaked in 2022 and is likely to continue growth in years to come.

Exports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Exports in MENA

After two years of growth, shipments abroad of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof decreased by -3.7% to X tons in 2022. Overall, exports, however, showed a strong increase. The pace of growth was the most pronounced in 2015 with an increase of 316%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof soared to $X in 2022. In general, exports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2015 with an increase of 218%. Over the period under review, the exports of attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates was the major exporting country with an export of about X tons, which reached 55% of total exports. It was distantly followed by Turkey (X tons) and Saudi Arabia (X tons), together making up a 39% share of total exports. Israel (X tons) followed a long way behind the leaders.

Exports from the United Arab Emirates increased at an average annual rate of +16.6% from 2012 to 2022. At the same time, Israel (+25.4%) and Turkey (+12.9%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing exporter exported in MENA, with a CAGR of +25.4% from 2012-2022. By contrast, Saudi Arabia (-5.0%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Saudi Arabia, the United Arab Emirates and Israel increased by +14, +13 and +2.6 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cyclanic, cyclenic or cycloterpenic mono- or polyamines supplying countries in MENA were the United Arab Emirates ($X), Turkey ($X) and Saudi Arabia ($X), together comprising 92% of total exports. These countries were followed by Israel, which accounted for a further 4.6%.

Among the main exporting countries, Israel, with a CAGR of +18.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, growing by 20% against the previous year. Overall, the export price, however, continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2017 when the export price increased by 65%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.7%), while the other leaders experienced a decline in the export price figures.

Imports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Imports in MENA

In 2022, overseas purchases of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2019 when imports increased by 100% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof fell modestly to $X in 2022. Overall, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 93%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

The United Arab Emirates represented the main importer of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof in MENA, with the volume of imports reaching X tons, which was near 45% of total imports in 2022. Turkey (X tons) ranks second in terms of the total imports with a 26% share, followed by Iran (10%). The following importers - Egypt (X tons), Oman (X tons), Qatar (X tons) and Algeria (X tons) - together made up 13% of total imports.

From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of +22.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cyclanic, cyclenic or cycloterpenic mono- or polyamines importing markets in MENA were the United Arab Emirates ($X), Turkey ($X) and Iran ($X), together accounting for 82% of total imports. Egypt, Oman, Qatar and Algeria lagged somewhat behind, together accounting for a further 13%.

In terms of the main importing countries, Oman, with a CAGR of +21.3%, saw the highest growth rate of the value of imports, 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, with a decrease of -3% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by 9.4% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 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 Turkey ($X per ton), while Algeria ($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 (+2.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform