Middle East: Other Chemical Products Market 2025

Other Chemical Products Market Size in the Middle East

The Middle Eastern other chemical products market expanded to $X in 2022, picking up by 3% against the previous year. The total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.8% against 2020 indices. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Other Chemical Products Production in the Middle East

In value terms, other chemical products production expanded modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a moderate increase. The growth pace was the most rapid in 2019 when the production volume increased by 58%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Other Chemical Products Exports

Exports in the Middle East

In 2022, after three years of decline, there was growth in shipments abroad of other chemical products, when their volume increased by 4.6% to X tons. Overall, exports, however, saw a precipitous decrease. The pace of growth was the most pronounced in 2013 when exports increased by 66%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, other chemical products exports totaled $X in 2022. In general, exports, however, recorded a sharp descent. The most prominent rate of growth was recorded in 2013 when exports increased by 77%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Israel (X tons) represented the largest exporter of other chemical products, mixing up 47% of total exports. It was distantly followed by the United Arab Emirates (X tons), Saudi Arabia (X tons) and Kuwait (X tons), together creating a 50% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Kuwait (with a CAGR of +2.6%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the largest other chemical products supplying countries in the Middle East were Israel ($X), Saudi Arabia ($X) and the United Arab Emirates ($X), together accounting for 94% of total exports. These countries were followed by Kuwait, which accounted for a further 2.8%.

Kuwait, with a CAGR of +4.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, standing approx. at the previous year. In general, the export price, however, enjoyed a prominent increase. The growth pace was the most rapid in 2017 an increase of 80% against the previous year. The level of export peaked at $X per ton in 2021, and then shrank slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, 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 (+29.6%), while the other leaders experienced more modest paces of growth.

Other Chemical Products Imports

Imports in the Middle East

In 2022, purchases abroad of other chemical products was finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2019 when imports increased by 56%. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, other chemical products imports totaled $X in 2022. Overall, imports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2019 with an increase of 27%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Saudi Arabia (X tons), Oman (X tons), Iraq (X tons), Lebanon (X tons) and Israel (X tons) represented the largest importer of other chemical products in the Middle East, making up 77% of total import. The United Arab Emirates (X tons) ranks next in terms of the total imports with a 7.1% share, followed by Iran (5.8%).

From 2012 to 2022, the biggest increases were recorded for Lebanon (with a CAGR of +12.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Israel ($X) and Iraq ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 64% of total imports.

Iraq, with a CAGR of +11.0%, recorded the highest rates of growth with regard to the value of imports, among 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

The import price in the Middle East stood at $X per ton in 2022, almost unchanged from the previous year. Over the period under review, the import price recorded a slight curtailment. The pace of growth was the most pronounced in 2020 when the import price increased by 19% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, 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 2022, the most notable rate of growth in terms of prices was attained by Israel (+1.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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