MENA: Zinc Powder Market 2024

Zinc Powder Market Size in MENA

The MENA's zinc powder market contracted to $X in 2022, remaining constant against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Zinc Powder Production in MENA

In value terms, zinc powder production shrank slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Zinc Powder Exports

Exports in MENA

After two years of growth, overseas shipments of zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets) decreased by X% to X tons in 2022. Overall, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then shrank modestly in the following year.

In value terms, zinc powder exports reached $X in 2022. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

Saudi Arabia represented the largest exporting country with an export of around X tons, which finished at X% of total exports. It was distantly followed by Oman (X tons), Iran (X tons) and the United Arab Emirates (X tons), together mixing up a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to zinc powder exports from Saudi Arabia stood at X%. At the same time, Oman (X%), Iran (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Saudi Arabia, Oman and Iran increased by X, X and X percentage points, respectively.

In value terms, Saudi Arabia ($X), Iran ($X) and Oman ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports.

Among the main exporting countries, Iran, with a CAGR of X%, 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

The export price in MENA stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the export prices remained at a somewhat lower figure.

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 Iran ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (X%), while the other leaders experienced mixed trends in the export price figures.

Zinc Powder Imports

Imports in MENA

In 2022, the amount of zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets) imported in MENA contracted markedly to X tons, waning by X% on the previous year's figure. In general, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, zinc powder imports expanded modestly to $X in 2022. Overall, imports showed a pronounced decrease. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) and Turkey (X tons) were the key importers of zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets) in MENA, together resulting at near X% of total imports. Egypt (X tons) took the next position in the ranking, followed by Israel (X tons), Algeria (X tons) and Morocco (X tons). All these countries together held near X% share of total imports. Qatar (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Algeria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest zinc powder importing markets in MENA were the United Arab Emirates ($X), Turkey ($X) and Egypt ($X), together comprising X% of total imports. Israel, Morocco, Algeria and Qatar lagged somewhat behind, together accounting for a further X%.

Israel, with a CAGR of X%, recorded 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

The import price in MENA stood at $X per ton in 2022, picking up by X% against the previous year. Import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc powder import price increased by X% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Qatar ($X per ton), while Algeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform