Middle East: Market for Calcined And Sintered Dolomite 2024

Market Size for Calcined And Sintered Dolomite in the Middle East

In 2021, the Middle Eastern calcined and sintered dolomite market increased by 5.6% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +4.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Calcined And Sintered Dolomite in the Middle East

In value terms, calcined and sintered dolomite production rose notably to $X in 2021 estimated in export price. The total production indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -8.4% against 2018 indices. The pace of growth appeared the most rapid in 2017 with an increase of 16% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Calcined And Sintered Dolomite

Exports in the Middle East

Calcined and sintered dolomite exports surged to X tons in 2021, picking up by 18% on 2020 figures. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 278%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, calcined and sintered dolomite exports soared to $X in 2021. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of 267%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, the United Arab Emirates (X tons) represented the largest exporter of calcined and sintered dolomite, mixing up 67% of total exports. Saudi Arabia (X tons) held an 18% share (based on physical terms) of total exports, which put it in second place, followed by Iran (13%). Iraq (X tons) held a little share of total exports.

From 2012 to 2021, average annual rates of growth with regard to calcined and sintered dolomite exports from the United Arab Emirates stood at +40.4%. At the same time, Iran (+49.4%) and Saudi Arabia (+14.2%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +49.4% from 2012-2021. Iraq experienced a relatively flat trend pattern. From 2012 to 2021, the share of the United Arab Emirates, Iran and Iraq increased by +46, +10 and +2.2 percentage points, respectively.

In value terms, the United Arab Emirates ($X) remains the largest calcined and sintered dolomite supplier in the Middle East, comprising 70% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 17% share of total exports. It was followed by Iran, with a 10% share.

In the United Arab Emirates, calcined and sintered dolomite exports increased at an average annual rate of +47.8% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (+14.9% per year) and Iran (+50.5% per year).

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per ton, shrinking by -2.9% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 13% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in the United Arab Emirates ($X per ton) and Saudi Arabia ($X per ton), while Iraq ($X per ton) and Iran ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.3%), while the other leaders experienced more modest paces of growth.

Imports of Calcined And Sintered Dolomite

Imports in the Middle East

In 2021, overseas purchases of calcined and sintered dolomite increased by 19% to X tons, rising for the sixth consecutive year after three years of decline. In general, imports saw a buoyant expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 152% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, calcined and sintered dolomite imports expanded remarkably to $X in 2021. Over the period under review, imports continue to indicate a strong expansion. The growth pace was the most rapid in 2017 with an increase of 115%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

Oman was the key importer of calcined and sintered dolomite in the Middle East, with the volume of imports recording X tons, which was near 72% of total imports in 2021. It was distantly followed by Bahrain (X tons), creating a 23% share of total imports. The following importers - Turkey (X tons) and Iraq (X tons) - each accounted for a 3.8% share of total imports.

Oman was also the fastest-growing in terms of the calcined and sintered dolomite imports, with a CAGR of +76.1% from 2012 to 2021. At the same time, Iraq (+24.0%) and Bahrain (+14.1%) displayed positive paces of growth. By contrast, Turkey (-1.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Oman increased by +70 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Oman ($X) constitutes the largest market for imported calcined and sintered dolomite in the Middle East, comprising 67% of total imports. The second position in the ranking was taken by Bahrain ($X), with a 22% share of total imports. It was followed by Turkey, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value in Oman stood at +64.6%. In the other countries, the average annual rates were as follows: Bahrain (+8.6% per year) and Turkey (-1.4% per year).

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per ton, dropping by -4.8% against the previous year. Over the period under review, the import price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2013 when the import price increased by 32% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Turkey ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-0.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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