MENA: Chemical Contraceptive Preparations Market 2024

Chemical Contraceptive Preparations Market Size in MENA

The MENA's chemical contraceptive preparations market soared to $X in 2021, surging by 24% against the previous year. The total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +101.2% against 2015 indices. The level of consumption peaked in 2021 and is likely to continue growth in years to come.

Chemical Contraceptive Preparations Production in MENA

In value terms, chemical contraceptive preparations production declined to $X in 2021 estimated in export price. The total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -11.3% against 2018 indices. The growth pace was the most rapid in 2015 when the production volume increased by 52% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Chemical Contraceptive Preparations Exports

Exports in MENA

In 2021, approx. X tons of chemical contraceptive preparations based on hormones or spermicides were exported in MENA; reducing by -34.5% against 2020 figures. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 110% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, chemical contraceptive preparations exports dropped notably to $X in 2021. Total exports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when exports increased by 97% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Oman represented the major exporter of chemical contraceptive preparations based on hormones or spermicides in MENA, with the volume of exports recording X tons, which was approx. 63% of total exports in 2021. Israel (X tons) ranks second in terms of the total exports with a 15% share, followed by Turkey (13%) and the United Arab Emirates (7.3%).

From 2012 to 2021, average annual rates of growth with regard to chemical contraceptive preparations exports from Oman stood at -4.0%. At the same time, Turkey (+161.4%), Israel (+33.1%) and the United Arab Emirates (+32.9%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in MENA, with a CAGR of +161.4% from 2012-2021. From 2012 to 2021, the share of Israel, Turkey and the United Arab Emirates increased by +13, +13 and +6.7 percentage points, respectively.

In value terms, Oman ($X) remains the largest chemical contraceptive preparations supplier in MENA, comprising 79% of total exports. The second position in the ranking was taken by Israel ($X), with a 9.4% share of total exports. It was followed by the United Arab Emirates, with a 7.4% share.

In Oman, chemical contraceptive preparations exports remained relatively stable over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Israel (+22.9% per year) and the United Arab Emirates (+30.6% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2021, dropping by -11.6% against the previous year. Over the period under review, the export price, however, recorded a slight expansion. The most prominent rate of growth was recorded in 2015 an increase of 56% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+4.9%), while the other leaders experienced a decline in the export price figures.

Chemical Contraceptive Preparations Imports

Imports in MENA

For the fourth consecutive year, MENA recorded growth in purchases abroad of chemical contraceptive preparations based on hormones or spermicides, which increased by 19% to X tons in 2021. Total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +5.6% 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 +90.6% against 2015 indices. The most prominent rate of growth was recorded in 2019 with an increase of 34%. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, chemical contraceptive preparations imports soared to $X in 2021. Total imports indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +4.7% 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 +100.4% against 2015 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 44% against the previous year. The level of import peaked in 2021 and is likely to continue growth in the near future.

Imports by Country

In 2021, Algeria (X tons), distantly followed by Morocco (X tons), Saudi Arabia (X tons), Turkey (X tons), the United Arab Emirates (X tons), Israel (X tons), Yemen (X tons) and Iraq (X tons) represented the main importers of chemical contraceptive preparations based on hormones or spermicides, together achieving 89% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Saudi Arabia (with a CAGR of +24.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest chemical contraceptive preparations importing markets in MENA were Algeria ($X), Saudi Arabia ($X) and Turkey ($X), with a combined 55% share of total imports.

Saudi Arabia, with a CAGR of +27.4%, saw the highest growth rate of the value of imports, in terms of 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, with an increase of 5.5% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 12% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform