Middle East: Compound Plasticisers Market 2025

Compound Plasticisers Market Size in the Middle East

The Middle Eastern compound plasticisers market declined sharply to $X in 2022, reducing by X% against the previous year. In general, consumption, however, enjoyed resilient growth. Over the period under review, the market reached the peak level at $X in 2021, and then contracted dramatically in the following year.

Compound Plasticisers Production in the Middle East

In value terms, compound plasticisers production declined sharply to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Compound Plasticisers Exports

Exports in the Middle East

In 2022, overseas shipments of compound plasticisers for rubber or plastics increased by X% to X tons, rising for the eighth year in a row after two years of decline. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2015 when exports increased by X%. The volume of export peaked in 2022 and is likely to see steady growth in years to come.

In value terms, compound plasticisers exports surged to $X in 2022. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, the United Arab Emirates (X tons) and Bahrain (X tons) represented the largest exporters of compound plasticisers for rubber or plastics in the Middle East, together finishing at approx. X% of total exports. It was distantly followed by Saudi Arabia (X tons), creating a X% share of total exports. Iran (X tons) and Turkey (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Bahrain (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest compound plasticisers supplying countries in the Middle East were Bahrain ($X), the United Arab Emirates ($X) and Saudi Arabia ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Bahrain, with a CAGR of X%, saw 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 2022, jumping by X% against the previous year. Over the period under review, the export price saw a resilient increase. The pace of growth was the most pronounced in 2017 when the export price increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (X%), while the other leaders experienced more modest paces of growth.

Compound Plasticisers Imports

Imports in the Middle East

In 2022, the amount of compound plasticisers for rubber or plastics imported in the Middle East skyrocketed to X tons, rising by X% on 2021 figures. In general, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, compound plasticisers imports surged to $X in 2022. Over the period under review, imports saw a resilient expansion. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

Saudi Arabia represented the key importing country with an import of around X tons, which accounted for X% of total imports. Turkey (X tons) ranks second in terms of the total imports with a X% share, followed by the United Arab Emirates (X%). Iran (X tons), Qatar (X tons) and Kuwait (X tons) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Kuwait (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported compound plasticisers for rubber or plastics in the Middle East, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Saudi Arabia stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, approximately reflecting the previous year. Import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, compound plasticisers import price decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Qatar ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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