Middle East: Market for Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine 2025

Market Size for Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine in the Middle East

For the third year in a row, the Middle Eastern market for thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine recorded growth in sales value, which increased by 8% to $X in 2022. The market value increased at an average annual rate of +5.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Production of Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine in the Middle East

In value terms, production of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine rose to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 40% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Exports of Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine

Exports in the Middle East

In 2022, the amount of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine exported in the Middle East fell to X tons, declining by -2.6% on the year before. Over the period under review, exports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by 56%. Over the period under review, the exports of attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine expanded remarkably to $X in 2022. Overall, exports showed a drastic downturn. The pace of growth was the most pronounced in 2015 when exports increased by 309%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey was the largest exporting country with an export of about X tons, which accounted for 80% of total exports. It was distantly followed by the United Arab Emirates (X tons), mixing up an 11% share of total exports. The following exporters - Saudi Arabia (X tons) and Jordan (X tons) - each resulted at an 8% share of total exports.

Turkey was also the fastest-growing in terms of the thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine exports, with a CAGR of +15.2% from 2012 to 2022. At the same time, the United Arab Emirates (+14.3%) displayed positive paces of growth. By contrast, Jordan (-5.1%) and Saudi Arabia (-42.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Turkey, the United Arab Emirates and Jordan increased by +79, +11 and +3.3 percentage points, respectively.

In value terms, Turkey ($X) remains the largest thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine supplier in the Middle East, comprising 82% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with an 8.5% share of total exports. It was followed by Saudi Arabia, with a 4.8% share.

From 2012 to 2022, the average annual growth rate of value in Turkey amounted to +11.0%. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (+6.8% per year) and Saudi Arabia (-33.1% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, increasing by 8.7% against the previous year. In general, the export price showed a buoyant increase. The pace of growth appeared the most rapid in 2015 when the export price increased by 178% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+17.2%), while the other leaders experienced a decline in the export price figures.

Imports of Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine

Imports in the Middle East

In 2022, purchases abroad of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine increased by 11% to X tons, rising for the second consecutive year after two years of decline. Total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +28.9% against 2020 indices. The pace of growth was the most pronounced in 2015 with an increase of 55%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, imports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine expanded sharply to $X in 2022. Overall, imports enjoyed a notable increase. The most prominent rate of growth was recorded in 2015 with an increase of 106% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

Turkey represented the largest importer of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine in the Middle East, with the volume of imports amounting to X tons, which was near 44% of total imports in 2022. Saudi Arabia (X tons) took the second position in the ranking, followed by the United Arab Emirates (X tons), Jordan (X tons) and Iran (X tons). All these countries together took near 44% share of total imports. The following importers - Syrian Arab Republic (X tons) and Lebanon (X tons) - together made up 6.6% of total imports.

From 2012 to 2022, average annual rates of growth with regard to thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine imports into Turkey stood at +5.6%. At the same time, Syrian Arab Republic (+25.1%), the United Arab Emirates (+15.9%), Jordan (+7.9%), Iran (+6.5%), Lebanon (+5.4%) and Saudi Arabia (+4.1%) displayed positive paces of growth. Moreover, Syrian Arab Republic emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +25.1% from 2012-2022. While the share of the United Arab Emirates (+7.2 p.p.) and Syrian Arab Republic (+3.2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Turkey (-1.6 p.p.) and Saudi Arabia (-3.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine in the Middle East, comprising 42% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with an 18% share of total imports. It was followed by the United Arab Emirates, with a 13% share.

In Turkey, imports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine increased at an average annual rate of +2.2% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Saudi Arabia (-0.4% per year) and the United Arab Emirates (+10.7% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, declining by -2% against the previous year. Overall, the import price showed a pronounced descent. The most prominent rate of growth was recorded in 2015 when the import price increased by 33%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (+3.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform