MENA: Market for Inorganic Oxygen Compounds Of Non-Metals 2025

Market Size for Inorganic Oxygen Compounds Of Non-Metals in MENA

In 2021, the MENA's market for inorganic oxygen compounds of non-metals decreased by -4.5% to $X for the first time since 2011, thus ending a nine-year rising trend. In general, consumption, however, saw a prominent increase. The level of consumption peaked at $X in 2020, and then shrank slightly in the following year.

Production of Inorganic Oxygen Compounds Of Non-Metals in MENA

In value terms, inorganic oxygen compounds of non-metals production contracted modestly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2013 with an increase of 60%. The level of production peaked at $X in 2020, and then reduced in the following year.

Exports of Inorganic Oxygen Compounds Of Non-Metals

Exports in MENA

In 2021, shipments abroad of inorganic oxygen compounds of non-metals increased by 39% to X tons, rising for the second year in a row after three years of decline. Total exports indicated a measured increase from 2012 to 2021: its volume increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +98.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 43% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, inorganic oxygen compounds of non-metals exports soared to $X in 2021. In general, exports showed a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Morocco (X tons) represented the largest exporter of inorganic oxygen compounds of non-metals, mixing up 55% of total exports. It was distantly followed by Iran (X tons), Turkey (X tons) and the United Arab Emirates (X tons), together mixing up a 44% share of total exports.

Exports from Morocco decreased at an average annual rate of -1.8% from 2012 to 2021. At the same time, the United Arab Emirates (+66.7%), Turkey (+38.8%) and Iran (+29.5%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in MENA, with a CAGR of +66.7% from 2012-2021. From 2012 to 2021, the share of Iran, Turkey and the United Arab Emirates increased by +20, +13 and +6.1 percentage points, respectively.

In value terms, the largest inorganic oxygen compounds of non-metals supplying countries in MENA were Morocco ($X), Turkey ($X) and Iran ($X), together accounting for 82% of total exports. These countries were followed by the United Arab Emirates, which accounted for a further 14%.

In terms of the main exporting countries, the United Arab Emirates, with a CAGR of +51.8%, saw 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

In 2021, the export price in MENA amounted to $X per ton, picking up by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +5.7%. The pace of growth appeared the most rapid in 2013 an increase of 15%. The level of export peaked in 2021 and is expected to retain growth in the near future.

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 the United Arab Emirates ($X per ton), while Morocco ($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 (+5.2%), while the other leaders experienced more modest paces of growth.

Imports of Inorganic Oxygen Compounds Of Non-Metals

Imports in MENA

In 2021, purchases abroad of inorganic oxygen compounds of non-metals increased by 53% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports recorded temperate growth. The most prominent rate of growth was recorded in 2016 when imports increased by 176%. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, inorganic oxygen compounds of non-metals imports skyrocketed to $X in 2021. Total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +124.7% against 2014 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey was the major importing country with an import of about X tons, which finished at 34% of total imports. Israel (X tons) held an 18% share (based on physical terms) of total imports, which put it in second place, followed by the United Arab Emirates (13%), Algeria (7.1%) and Morocco (6.1%). The following importers - Tunisia (X tons), Iraq (X tons), Egypt (X tons), Kuwait (X tons) and Oman (X tons) - together made up 16% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Iraq (with a CAGR of +70.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Israel ($X), Turkey ($X) and the United Arab Emirates ($X) constituted the countries with the highest levels of imports in 2021, with a combined 63% share of total imports. Morocco, Algeria, Egypt, Kuwait, Tunisia, Iraq and Oman lagged somewhat behind, together comprising a further 32%.

Iraq, with a CAGR of +55.4%, saw the highest growth rate of 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 2021, the import price in MENA amounted to $X per ton, falling by -3.8% against the previous year. Over the period under review, the import price, however, recorded a modest expansion. The most prominent rate of growth was recorded in 2020 when the import price increased by 155% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Morocco ($X per ton), while Iraq ($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 (+12.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform