Middle East: Metal Pickling Preparations Market 2024

Metal Pickling Preparations Market Size in the Middle East

The Middle Eastern metal pickling preparations market amounted to $X in 2021, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of +4.2% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Metal Pickling Preparations Production in the Middle East

In value terms, metal pickling preparations production contracted modestly to $X in 2021 estimated in export price. The total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -0.6% against 2018 indices. The pace of growth appeared the most rapid in 2017 with an increase of 21% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Metal Pickling Preparations Exports

Exports in the Middle East

In 2021, overseas shipments of pickling preparations for metal surfaces were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Total exports indicated a noticeable expansion from 2012 to 2021: its volume increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal pickling preparations exports surged to $X in 2021. Overall, exports recorded a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Turkey (X tons) was the key exporter of pickling preparations for metal surfaces, mixing up 72% of total exports. Saudi Arabia (X tons) ranks second in terms of the total exports with a 19% share, followed by the United Arab Emirates (6%).

From 2012 to 2021, average annual rates of growth with regard to metal pickling preparations exports from Turkey stood at +6.0%. At the same time, Saudi Arabia (+8.3%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +8.3% from 2012-2021. By contrast, the United Arab Emirates (-5.6%) illustrated a downward trend over the same period. Turkey (+10 p.p.) and Saudi Arabia (+5.6 p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by -8.6% from 2012 to 2021, respectively.

In value terms, Turkey ($X) remains the largest metal pickling preparations supplier in the Middle East, comprising 78% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 13% share of total exports.

In Turkey, metal pickling preparations exports expanded at an average annual rate of +10.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Saudi Arabia (+9.8% per year) and the United Arab Emirates (-0.0% per year).

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.7%. The most prominent rate of growth was recorded in 2013 when the export price increased by 14% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2020, and then declined slightly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.9%), while the other leaders experienced more modest paces of growth.

Metal Pickling Preparations Imports

Imports in the Middle East

In 2021, overseas purchases of pickling preparations for metal surfaces were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Total imports indicated a slight increase from 2012 to 2021: its volume increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 44% against the previous year. The volume of import peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, metal pickling preparations imports soared to $X in 2021. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by 81% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Turkey (X tons) and the United Arab Emirates (X tons) dominates imports structure, together committing 74% of total imports. It was distantly followed by Saudi Arabia (X tons), comprising an 8.3% share of total imports. Iraq (X tons), Oman (X tons), Iran (X tons) and Jordan (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Iraq (with a CAGR of +17.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Saudi Arabia ($X) constituted the countries with the highest levels of imports in 2021, together comprising 79% of total imports.

Turkey, with a CAGR of +7.7%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per ton, approximately equating the previous year. In general, the import price, however, continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2014 when the import price increased by 26% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Iran ($X per ton), while the United Arab Emirates ($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 (+2.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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