Middle East: Market for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof 2025

Market Size for Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in the Middle East

After two years of decline, the Middle Eastern market for cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof increased by 1.5% to $X in 2022. Over the period under review, consumption recorded a resilient expansion. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof in the Middle East

In value terms, production of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof soared to $X in 2022 estimated in export price. Overall, production showed a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 148%. Over the period under review, production of hit record highs in 2022 and is expected to retain growth in years to come.

Exports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Exports in the Middle East

After two years of growth, overseas shipments of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof decreased by -3.4% to X tons in 2022. Over the period under review, exports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2015 with an increase of 330% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof soared to $X in 2022. In general, exports, however, showed a remarkable increase. The growth pace was the most rapid in 2015 when exports increased by 239%. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates represented the largest exporting country with an export of about X tons, which amounted to 55% of total exports. Turkey (X tons) took a 25% share (based on physical terms) of total exports, which put it in second place, followed by Saudi Arabia (14%). Israel (X tons) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to cyclanic, cyclenic or cycloterpenic mono- or polyamines exports from the United Arab Emirates stood at +16.6%. At the same time, Israel (+25.4%) and Turkey (+12.9%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +25.4% from 2012-2022. By contrast, Saudi Arabia (-5.0%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Saudi Arabia, the United Arab Emirates and Israel increased by +14, +10 and +2.5 percentage points, respectively.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Saudi Arabia ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 93% share of total exports. Israel lagged somewhat behind, comprising a further 4.7%.

Among the main exporting countries, Israel, with a CAGR of +18.3%, recorded the highest growth rate of 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, rising by 20% against the previous year. In general, the export price, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2017 when the export price increased by 65%. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.7%), while the other leaders experienced a decline in the export price figures.

Imports of Cyclanic, Cyclenic Or Cycloterpenic Mono- Or Polyamines, And Their Derivatives And Salts Thereof

Imports in the Middle East

In 2022, supplies from abroad of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 89% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cyclanic, cyclenic or cycloterpenic mono- or polyamines, and their derivatives and salts thereof declined to $X in 2022. In general, imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2019 when imports increased by 81% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

The United Arab Emirates represented the main importing country with an import of around X tons, which resulted at 50% of total imports. Turkey (X tons) took the second position in the ranking, distantly followed by Iran (X tons). All these countries together held approx. 40% share of total imports. The following importers - Oman (X tons) and Qatar (X tons) - each finished at a 6.6% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Oman (with a CAGR of +22.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cyclanic, cyclenic or cycloterpenic mono- or polyamines importing markets in the Middle East were the United Arab Emirates ($X), Turkey ($X) and Iran ($X), together comprising 89% of total imports. Oman and Qatar lagged somewhat behind, together comprising a further 7%.

Among the main importing countries, Oman, with a CAGR of +21.3%, 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 2022, the import price in the Middle East amounted to $X per ton, falling by -3.7% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by 12%. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Turkey ($X per ton) and Qatar ($X per ton), while the United Arab Emirates ($X per ton) and Iran ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (-1.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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