Middle East: Chloroform Market 2024

Chloroform Market Size in the Middle East

The Middle Eastern chloroform market contracted slightly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when the market value increased by X%. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Chloroform Production in the Middle East

In value terms, chloroform production fell to $X in 2022 estimated in export price. In general, production showed a abrupt downturn. The growth pace was the most rapid in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Chloroform Exports

Exports in the Middle East

In 2022, overseas shipments of chloroform (trichloromethane) decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, chloroform exports contracted significantly to $X in 2022. Overall, exports showed a abrupt contraction. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Israel represented the major exporting country with an export of around X tons, which amounted to X% of total exports. Turkey (X tons) held the second position in the ranking, distantly followed by the United Arab Emirates (X tons). All these countries together held approx. X% share of total exports.

Exports from Israel decreased at an average annual rate of X% from 2012 to 2022. At the same time, Turkey (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, the United Arab Emirates (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.) and Israel (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United Arab Emirates (X p.p.) displayed negative dynamics.

In value terms, Turkey ($X) emerged as the largest chloroform supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Israel ($X), with a X% share of total exports.

In Turkey, chloroform exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Israel (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price recorded buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Israel ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced a decline in the export price figures.

Chloroform Imports

Imports in the Middle East

In 2022, chloroform imports in the Middle East dropped significantly to X tons, with a decrease of X% against the previous year. In general, imports, however, saw a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, chloroform imports expanded notably to $X in 2022. Overall, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United Arab Emirates was the largest importer of chloroform (trichloromethane) in the Middle East, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. Iran (X tons) took the second position in the ranking, distantly followed by Turkey (X tons) and Saudi Arabia (X tons). All these countries together took approx. X% share of total imports. Israel (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to chloroform imports into the United Arab Emirates stood at X%. At the same time, Saudi Arabia (X%), Iran (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Israel (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.) and Saudi Arabia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Turkey (X p.p.), Iran (X p.p.) and Israel (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Iran ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Among the main importing countries, the United Arab Emirates, with a CAGR of X%, recorded 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

The import price in the Middle East stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price, however, recorded a abrupt curtailment. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, 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 Turkey ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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