Middle East: Agglomerated Dolomite Market 2024

Agglomerated Dolomite Market Size in the Middle East

In 2022, the Middle Eastern agglomerated dolomite market was finally on the rise to reach $X after three years of decline. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Agglomerated Dolomite Production in the Middle East

In value terms, agglomerated dolomite production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the production volume increased by 15%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Agglomerated Dolomite Exports

Exports in the Middle East

In 2022, after two years of growth, there was significant decline in shipments abroad of agglomerated dolomite, when their volume decreased by -14.3% to X tons. Over the period under review, exports showed a deep downturn. The growth pace was the most rapid in 2016 with an increase of 410% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, agglomerated dolomite exports contracted remarkably to $X in 2022. In general, exports recorded a abrupt decline. The growth pace was the most rapid in 2016 when exports increased by 67% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates represented the key exporting country with an export of around X tons, which amounted to 84% of total exports. It was distantly followed by Iran (X tons), generating a 15% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the agglomerated dolomite exports, with a CAGR of +42.8% from 2012 to 2022. At the same time, Iran (+26.4%) displayed positive paces of growth. The United Arab Emirates (+82 p.p.) and Iran (+14 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest agglomerated dolomite supplier in the Middle East, comprising 75% of total exports. The second position in the ranking was taken by Iran ($X), with a 17% share of total exports.

In the United Arab Emirates, agglomerated dolomite exports increased at an average annual rate of +18.8% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 152%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Iran ($X per ton), while the United Arab Emirates stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (-6.8%).

Agglomerated Dolomite Imports

Imports in the Middle East

After two years of growth, supplies from abroad of agglomerated dolomite decreased by -7.4% to X tons in 2022. Overall, imports recorded a abrupt decrease. The growth pace was the most rapid in 2014 when imports increased by 522% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, agglomerated dolomite imports reduced to $X in 2022. Over the period under review, imports recorded a deep slump. The most prominent rate of growth was recorded in 2014 when imports increased by 798% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Kuwait (X tons) was the main importer of agglomerated dolomite, making up 59% of total imports. It was distantly followed by Oman (X tons), mixing up a 36% share of total imports. Turkey (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 main importing countries, was attained by Kuwait (with a CAGR of +35.3%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Kuwait ($X) constitutes the largest market for imported agglomerated dolomite in the Middle East, comprising 60% of total imports. The second position in the ranking was taken by Oman ($X), with a 24% share of total imports.

In Kuwait, agglomerated dolomite imports increased at an average annual rate of +34.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Oman (+2.6% per year) and Turkey (-4.4% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, with a decrease of -4.1% against the previous year. Overall, the import price recorded a slight shrinkage. The pace of growth was the most pronounced in 2018 an increase of 182%. Over the period under review, import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :