Middle East: Chemical Contraceptive Preparations Market 2024

Chemical Contraceptive Preparations Market Size in the Middle East

The Middle Eastern chemical contraceptive preparations market rose sharply to $X in 2021, increasing by 11% against the previous year. Over the period under review, consumption saw buoyant growth. The level of consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Chemical Contraceptive Preparations Production in the Middle East

In value terms, chemical contraceptive preparations production shrank slightly to $X in 2021 estimated in export price. Overall, production continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2015 with an increase of 52%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Chemical Contraceptive Preparations Exports

Exports in the Middle East

In 2021, approx. X tons of chemical contraceptive preparations based on hormones or spermicides were exported in the Middle East; shrinking by -34.6% against the previous year. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 117% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, chemical contraceptive preparations exports fell notably to $X in 2021. Total exports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 115% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Oman was the key exporting country with an export of about X tons, which recorded 64% of total exports. Israel (X tons) held a 15% share (based on physical terms) of total exports, which put it in second place, 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 the Middle East, with a CAGR of +161.4% from 2012-2021. Israel (+14 p.p.), Turkey (+13 p.p.) and the United Arab Emirates (+6.7 p.p.) significantly strengthened its position in terms of the total exports, while Oman saw its share reduced by -31.7% from 2012 to 2021, respectively.

In value terms, Oman ($X) remains the largest chemical contraceptive preparations supplier in the Middle East, comprising 79% of total exports. The second position in the ranking was taken by Israel ($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. In the other countries, the average annual rates were as follows: Israel (+22.9% per year) and the United Arab Emirates (+30.6% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2021, shrinking by -11.5% against the previous year. Over the period under review, the export price, however, saw a slight increase. The growth pace was the most rapid in 2015 when the export price increased by 60% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

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 the Middle East

For the sixth year in a row, the Middle East recorded growth in overseas purchases of chemical contraceptive preparations based on hormones or spermicides, which increased by 0.7% to X tons in 2021. Overall, imports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 40% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, chemical contraceptive preparations imports expanded markedly to $X in 2021. Over the period under review, imports recorded prominent growth. The growth pace was the most rapid in 2014 when imports increased by 37% against the previous year. The level of import peaked in 2021 and is expected to retain growth in years to come.

Imports by Country

In 2021, Saudi Arabia (X tons) and Turkey (X tons) represented the largest importers of chemical contraceptive preparations based on hormones or spermicides in the Middle East, together committing 44% of total imports. It was distantly followed by the United Arab Emirates (X tons), Israel (X tons), Yemen (X tons) and Iraq (X tons), together comprising a 42% share of total imports. Jordan (X tons) held a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key 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 the Middle East were Saudi Arabia ($X), Turkey ($X) and Israel ($X), together comprising 68% of total imports.

Saudi Arabia, with a CAGR of +27.4%, saw the highest growth rate of 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 the Middle East stood at $X per ton in 2021, increasing by 14% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the import price increased by 16% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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 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

Frequently Asked Questions (FAQ) :