Middle East: Market for Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals 2025

Market Size for Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals in the Middle East

In 2021, the Middle Eastern chloride oxides of metal market increased by 14% to $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption enjoyed temperate growth. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Production of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals in the Middle East

In value terms, chloride oxides of metal production surged to $X in 2021 estimated in export price. In general, production continues to indicate a temperate increase. The most prominent rate of growth was recorded in 2014 with an increase of 44%. The level of production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals

Exports in the Middle East

In 2021, overseas shipments of chloride oxides and chloride hydroxides of copper and other metals increased by 37% to X tons, rising for the second consecutive year after four years of decline. In general, exports, however, showed a dramatic contraction. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, chloride oxides of metal exports surged to $X in 2021. Overall, exports, however, faced a abrupt descent. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Israel (X tons) represented the major exporter of chloride oxides and chloride hydroxides of copper and other metals, constituting 44% of total exports. It was distantly followed by Turkey (X tons), the United Arab Emirates (X tons) and Saudi Arabia (X tons), together generating a 52% share of total exports. The following exporters - Kuwait (X tons) and Oman (X tons) - each finished at a 3.9% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Israel (with a CAGR of +123.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest chloride oxides of metal supplying countries in the Middle East were Turkey ($X), Israel ($X) and the United Arab Emirates ($X), with a combined 87% share of total exports.

Among the main exporting countries, Israel, with a CAGR of +128.1%, recorded the highest rates of growth with regard to 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 the Middle East stood at $X per ton in 2021, growing by 6.5% against the previous year. Overall, the export price enjoyed resilient growth. The growth pace was the most rapid in 2013 when the export price increased by 261%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while Israel ($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 (+12.1%), while the other leaders experienced more modest paces of growth.

Imports of Chloride Oxides And Chloride Hydroxides Of Copper And Other Metals

Imports in the Middle East

After three years of growth, supplies from abroad of chloride oxides and chloride hydroxides of copper and other metals decreased by -14.6% to X tons in 2021. Total imports indicated a modest expansion from 2012 to 2021: its volume increased at an average annual rate of +1.4% 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 +57.3% against 2015 indices. The pace of growth was the most pronounced in 2020 with an increase of 43% against the previous year. As a result, imports attained the peak of X tons, and then contracted in the following year.

In value terms, chloride oxides of metal imports rose remarkably to $X in 2021. Total imports indicated a strong expansion 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, imports increased by +43.8% against 2018 indices. The most prominent rate of growth was recorded in 2016 with an increase of 31% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Turkey (X tons) was the main importer of chloride oxides and chloride hydroxides of copper and other metals, achieving 43% of total imports. Iran (X tons) took the second position in the ranking, followed by the United Arab Emirates (X tons). All these countries together held approx. 44% share of total imports. Israel (X tons), Oman (X tons), Syrian Arab Republic (X tons) and Jordan (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Oman (with a CAGR of +19.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constitutes the largest market for imported chloride oxides and chloride hydroxides of copper and other metals in the Middle East, comprising 57% of total imports. The second position in the ranking was taken by Iran ($X), with a 22% share of total imports. It was followed by the United Arab Emirates, with a 5.1% share.

In Turkey, chloride oxides of metal imports increased at an average annual rate of +6.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Iran (+14.0% per year) and the United Arab Emirates (+10.4% per year).

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per ton, growing by 35% against the previous year. Over the last nine years, it increased at an average annual rate of +3.9%. The most prominent rate of growth was recorded in 2013 when the import price increased by 64% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Jordan ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (+6.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :