Saudi Arabia: Anti-Oxidising Preparations Market 2024

Anti-Oxidising Preparations Market Size in Saudi Arabia

The Saudi anti-oxidising preparations market was estimated at $X in 2022, with an increase of X% against the previous year. In general, consumption posted buoyant growth. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Anti-Oxidising Preparations Production in Saudi Arabia

In value terms, anti-oxidising preparations production expanded significantly to $X in 2022 estimated in export price. Overall, production, however, saw significant growth. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Anti-Oxidising Preparations Exports

Exports from Saudi Arabia

In 2022, the amount of anti-oxidising preparations and other compounds stabilisers for rubber or plastics exported from Saudi Arabia skyrocketed to X tons, increasing by X% against 2021 figures. Over the period under review, exports, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, anti-oxidising preparations exports skyrocketed to $X in 2022. In general, exports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for anti-oxidising preparations exports from Saudi Arabia, accounting for a X% share of total exports. Moreover, anti-oxidising preparations exports to the United Arab Emirates exceeded the volume sent to the second major destination, South Africa (X tons), fourfold. The third position in this ranking was held by Thailand (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (X% per year) and Thailand (X% per year).

It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (X% per year) and Thailand (X% per year).

Export Prices by Country

The average anti-oxidising preparations export price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price, however, recorded a slight curtailment. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (X%), while the prices for the other major destinations experienced mixed trend patterns.

Anti-Oxidising Preparations Imports

Imports into Saudi Arabia

In 2022, approx. X tons of anti-oxidising preparations and other compounds stabilisers for rubber or plastics were imported into Saudi Arabia; picking up by X% on the previous year. In general, imports, however, faced a abrupt setback. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, anti-oxidising preparations imports surged to $X in 2022. Overall, imports, however, recorded a deep reduction. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of anti-oxidising preparations to Saudi Arabia, with a X% share of total imports. Moreover, anti-oxidising preparations imports from Turkey exceeded the figures recorded by the second-largest supplier, South Korea (X tons), fivefold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and the United Arab Emirates (X% per year).

In value terms, the largest anti-oxidising preparations suppliers to Saudi Arabia were Turkey ($X), South Korea ($X) and the United Arab Emirates ($X), together comprising X% of total imports.

The United Arab Emirates, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average anti-oxidising preparations import price stood at $X per ton in 2022, falling by X% against the previous year. In general, the import price continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :