Middle East: Market for Phosphorus, Arsenic And Selenium 2024

Market Size for Phosphorus, Arsenic And Selenium in the Middle East

The Middle Eastern phosphorus, arsenic and selenium market surged to $X in 2021, increasing by 59% against the previous year. Over the period under review, consumption, however, recorded a noticeable downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Phosphorus, Arsenic And Selenium in the Middle East

In value terms, phosphorus, arsenic and selenium production stood at $X in 2021 estimated in export price. Overall, production, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2017 with an increase of 147%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Phosphorus, Arsenic And Selenium

Exports in the Middle East

After two years of decline, overseas shipments of phosphorus, arsenic and selenium increased by 40% to X tons in 2021. Overall, exports, however, showed a abrupt slump. The growth pace was the most rapid in 2017 when exports increased by 375%. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, phosphorus, arsenic and selenium exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a abrupt contraction. The growth pace was the most rapid in 2017 with an increase of 373% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates was the main exporter of phosphorus, arsenic and selenium in the Middle East, with the volume of exports resulting at X tons, which was near 59% of total exports in 2021. It was distantly followed by Jordan (X tons), Israel (X tons) and Saudi Arabia (X tons), together creating a 39% share of total exports. Oman (X tons) held a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to phosphorus, arsenic and selenium exports from the United Arab Emirates stood at +12.0%. At the same time, Jordan (+58.6%), Israel (+19.0%) and Oman (+11.1%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +58.6% from 2012-2021. By contrast, Saudi Arabia (-3.8%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+53 p.p.), Jordan (+21 p.p.), Israel (+12 p.p.) and Saudi Arabia (+2.9 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest phosphorus, arsenic and selenium supplier in the Middle East, comprising 47% of total exports. The second position in the ranking was held by Jordan ($X), with a 14% share of total exports. It was followed by Israel, with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United Arab Emirates totaled +6.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Jordan (+94.6% per year) and Israel (-7.6% per year).

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per ton, increasing by 1.7% against the previous year. Over the period under review, the export price, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2013 an increase of 59%. Over the period under review, the export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Jordan (+22.7%), while the other leaders experienced a decline in the export price figures.

Imports of Phosphorus, Arsenic And Selenium

Imports in the Middle East

In 2021, the amount of phosphorus, arsenic and selenium imported in the Middle East surged to X tons, with an increase of 66% compared with the previous year's figure. In general, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, phosphorus, arsenic and selenium imports soared to $X in 2021. Overall, imports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2017 with an increase of 112% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Turkey was the major importing country with an import of about X tons, which resulted at 51% of total imports. Iran (X tons) held the second position in the ranking, followed by the United Arab Emirates (X tons) and Israel (X tons). All these countries together held near 45% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to phosphorus, arsenic and selenium imports into Turkey stood at +13.9%. At the same time, the United Arab Emirates (+17.1%), Israel (+16.9%) and Iran (+2.5%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +17.1% from 2012-2021. From 2012 to 2021, the share of Turkey, the United Arab Emirates, Israel and Iran increased by +35, +11, +8 and +3.6 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest phosphorus, arsenic and selenium importing markets in the Middle East were the United Arab Emirates ($X), Iran ($X) and Turkey ($X), together comprising 87% of total imports.

Among the main importing countries, the United Arab Emirates, with a CAGR of +3.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per ton, remaining stable against the previous year. Overall, the import price, however, showed a abrupt decline. The pace of growth was the most pronounced in 2017 an increase of 72%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Turkey ($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 (-6.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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