Middle East: Market for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals 2024

Market Size for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in the Middle East

After four years of growth, the Middle Eastern market for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals decreased by -4.5% to $X in 2021. The total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.5% 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 +57.2% against 2016 indices. Over the period under review, the market reached the maximum level at $X in 2020, and then shrank modestly in the following year.

Production of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in the Middle East

In value terms, production of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals fell modestly to $X in 2021 estimated in export price. The total production indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +66.5% against 2016 indices. The growth pace was the most rapid in 2018 when the production volume increased by 25% against the previous year. The level of production peaked at $X in 2020, and then dropped in the following year.

Exports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Exports in the Middle East

In 2021, shipments abroad of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals increased by 196% to X tons, rising for the second consecutive year after three years of decline. In general, exports enjoyed a prominent expansion. Over the period under review, the exports of attained the maximum at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals surged to $X in 2021. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2015 when exports increased by 202% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Israel (X tons) was the largest exporter of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals, making up 74% of total exports. It was distantly followed by the United Arab Emirates (X tons), comprising a 19% share of total exports. Turkey (X tons) and Jordan (X tons) took a little share of total exports.

Israel was also the fastest-growing in terms of the chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals exports, with a CAGR of +58.1% from 2012 to 2021. At the same time, the United Arab Emirates (+13.7%) displayed positive paces of growth. By contrast, Jordan (-1.4%) and Turkey (-8.1%) illustrated a downward trend over the same period. While the share of Israel (+71 p.p.) and the United Arab Emirates (+3 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Jordan (-3.3 p.p.) and Turkey (-20.7 p.p.) displayed negative dynamics.

In value terms, Israel ($X) remains the largest chlorides and phosphorus oxychloride and halides supplier in the Middle East, comprising 60% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 23% share of total exports. It was followed by Turkey, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Israel amounted to +57.0%. In the other countries, the average annual rates were as follows: the United Arab Emirates (+24.3% per year) and Turkey (+14.9% per year).

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per ton, which is down by -24.6% against the previous year. Overall, the export price, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2013 when the export price increased by 167%. Over the period under review, the export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Turkey ($X per ton), while Jordan ($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 (+25.0%), while the other leaders experienced more modest paces of growth.

Imports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Imports in the Middle East

In 2021, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals in the Middle East skyrocketed to X tons, with an increase of 25% on 2020 figures. Total imports indicated a mild increase from 2012 to 2021: its volume increased at an average annual rate of +1.7% 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 +10.2% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 72%. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals reached $X in 2021. Total imports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.2% 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 +77.6% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 71% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Israel (X tons) and Turkey (X tons) were the key importers of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals in the Middle East, together constituting 65% of total imports. Saudi Arabia (X tons) held the next position in the ranking, distantly followed by Iraq (X tons). All these countries together took approx. 24% share of total imports. The following importers - Kuwait (X tons) and the United Arab Emirates (X tons) - each reached a 7.9% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +27.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Israel ($X), Turkey ($X) and Saudi Arabia ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 72% of total imports.

Among the main importing countries, Turkey, with a CAGR of +13.8%, saw the highest growth rate of the value of imports, 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 the Middle East amounted to $X per ton, which is down by -17.3% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 32% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped rapidly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+2.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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