MENA: Unsaturated Monohydric Alcohols Market 2024

Unsaturated Monohydric Alcohols Market Size in MENA

In 2022, the MENA's unsaturated monohydric alcohols market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, showed a slight setback. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Unsaturated Monohydric Alcohols Production in MENA

In value terms, unsaturated monohydric alcohols production fell to $X in 2022 estimated in export price. Over the period under review, production, however, saw a mild decrease. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Unsaturated Monohydric Alcohols Exports

Exports in MENA

In 2022, after three years of decline, there was significant growth in overseas shipments of unsaturated monohydric alcohols, when their volume increased by X% to X tons. Overall, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, unsaturated monohydric alcohols exports contracted significantly to $X in 2022. In general, exports showed a buoyant expansion. The pace of growth was the most pronounced in 2013 when exports increased by X%. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Israel was the major exporter of unsaturated monohydric alcohols in MENA, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by the United Arab Emirates (X tons), mixing up a X% share of total exports. Iran (X tons) followed a long way behind the leaders.

Exports from Israel increased at an average annual rate of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%) and Iran (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. While the share of the United Arab Emirates (X p.p.) and Israel (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Iran (X p.p.) displayed negative dynamics.

In value terms, Israel ($X) remains the largest unsaturated monohydric alcohols supplier in MENA, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with an X% share of total exports.

In Israel, unsaturated monohydric alcohols 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: the United Arab Emirates (X% per year) and Iran (X% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price saw a perceptible downturn. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per ton), while Iran ($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.

Unsaturated Monohydric Alcohols Imports

Imports in MENA

In 2022, supplies from abroad of unsaturated monohydric alcohols increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports showed notable growth. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, unsaturated monohydric alcohols imports soared to $X in 2022. Overall, imports continue to indicate a prominent increase. The growth pace was the most rapid in 2018 with an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

Turkey was the largest importing country with an import of around X tons, which recorded X% of total imports. It was distantly followed by the United Arab Emirates (X tons), Israel (X tons) and Egypt (X tons), together generating a X% share of total imports. Saudi Arabia (X tons), Tunisia (X tons) and Yemen (X tons) followed a long way behind the leaders.

Turkey was also the fastest-growing in terms of the unsaturated monohydric alcohols imports, with a CAGR of X% from 2012 to 2022. At the same time, Israel (X%), Tunisia (X%) and the United Arab Emirates (X%) displayed positive paces of growth. By contrast, Egypt (X%), Saudi Arabia (X%) and Yemen (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.) and Israel (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Egypt (X p.p.), Yemen (X p.p.) and Saudi Arabia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported unsaturated monohydric alcohols in MENA, comprising X% of total imports. The second position in the ranking was taken by Israel ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey totaled X%. In the other countries, the average annual rates were as follows: Israel (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price recorded a buoyant increase. The pace of growth was the most pronounced in 2017 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per ton), while Yemen ($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 more modest paces of growth.

Source: IndexBox Platform