Middle East: Gypsum And Anhydrite Market 2024

Gypsum And Anhydrite Market Size in the Middle East

After three years of growth, the Middle Eastern gypsum and anhydrite market decreased by -5.7% to $X in 2021. The market value increased at an average annual rate of +2.8% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2020, and then fell in the following year.

Gypsum And Anhydrite Production in the Middle East

In value terms, gypsum and anhydrite production stood at $X in 2021 estimated in export price. The total production indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -0.8% against 2019 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 34%. Over the period under review, production attained the maximum level at $X in 2019; afterwards, it flattened through to 2021.

Gypsum And Anhydrite Exports

Exports in the Middle East

In 2021, shipments abroad of gypsum and anhydrite was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports posted strong growth. The most prominent rate of growth was recorded in 2016 when exports increased by 121%. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, gypsum and anhydrite exports declined markedly to $X in 2021. In general, exports posted a resilient increase. The most prominent rate of growth was recorded in 2017 when exports increased by 78%. The level of export peaked at $X in 2020, and then declined markedly in the following year.

Exports by Country

Oman represented the key exporting country with an export of around X tons, which reached 56% of total exports. Iran (X tons) held a 22% share (based on physical terms) of total exports, which put it in second place, followed by the United Arab Emirates (16%) and Turkey (6%).

From 2012 to 2021, average annual rates of growth with regard to gypsum and anhydrite exports from Oman stood at +16.6%. At the same time, the United Arab Emirates (+61.7%), Turkey (+14.6%) and Iran (+3.1%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +61.7% from 2012-2021. From 2012 to 2021, the share of the United Arab Emirates and Oman increased by +15 and +15 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Oman ($X) remains the largest gypsum and anhydrite supplier in the Middle East, comprising 66% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 17% share of total exports. It was followed by Iran, with a 14% share.

In Oman, gypsum and anhydrite exports increased at an average annual rate of +13.9% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (+43.4% per year) and Iran (+1.5% per year).

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per ton, dropping by -28.3% against the previous year. Overall, the export price continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2014 an increase of 36%. The level of export peaked at $X per ton in 2020, and then shrank notably in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Oman ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (-1.5%), while the other leaders experienced a decline in the export price figures.

Gypsum And Anhydrite Imports

Imports in the Middle East

Gypsum and anhydrite imports dropped remarkably to X tons in 2021, waning by -24.8% on the previous year's figure. Overall, imports saw a pronounced shrinkage. The growth pace was the most rapid in 2015 with an increase of 37% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, gypsum and anhydrite imports fell dramatically to $X in 2021. In general, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2014 when imports increased by 24%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United Arab Emirates (X tons) represented the main importer of gypsum and anhydrite, achieving 39% of total imports. It was distantly followed by Qatar (X tons), Israel (X tons), Lebanon (X tons) and Kuwait (X tons), together making up a 53% share of total imports. The following importers - Turkey (X tons) and Bahrain (X tons) - each amounted to a 5.4% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Qatar (with a CAGR of +15.0%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Israel ($X) constitutes the largest market for imported gypsum and anhydrite in the Middle East, comprising 50% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 15% share of total imports. It was followed by Qatar, with a 9.6% share.

In Israel, gypsum and anhydrite imports increased at an average annual rate of +1.1% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (-2.5% per year) and Qatar (+0.2% per year).

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per ton, with an increase of 7.9% against the previous year. Overall, the import price, however, continues to indicate a perceptible contraction. The growth pace was the most rapid in 2019 when the import price increased by 9.8%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Israel ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+0.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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