Report Update Nov 1, 2024

Saudi Arabia - Sodium Carbonate - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Sodium Carbonate Market 2024

Sodium Carbonate Market Size in Saudi Arabia

In 2022, after two years of decline, there was significant growth in the Saudi sodium carbonate market, when its value increased by 5.1% to $X. In general, consumption, however, showed a noticeable downturn. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Sodium Carbonate Exports

Exports from Saudi Arabia

After four years of growth, overseas shipments of sodium carbonate decreased by -11% to X tons in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 431%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, sodium carbonate exports shrank to $X in 2022. Over the period under review, exports saw a pronounced downturn. The most prominent rate of growth was recorded in 2014 with an increase of 496% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Bahrain (X tons) was the main destination for sodium carbonate exports from Saudi Arabia, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bahrain amounted to +12.0%.

In value terms, Bahrain ($X) also remains the key foreign market for sodium carbonate exports from Saudi Arabia.

From 2012 to 2022, the average annual rate of growth in terms of value to Bahrain stood at +12.3%.

Export Prices by Country

The average sodium carbonate export price stood at $X per ton in 2022, with an increase of 3.5% against the previous year. In general, the export price, however, recorded a noticeable decline. The growth pace was the most rapid in 2015 an increase of 23% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Bahrain.

From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to +11.1% per year.

Sodium Carbonate Imports

Imports into Saudi Arabia

In 2022, overseas purchases of sodium carbonate were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a slight decrease. The growth pace was the most rapid in 2018 when imports increased by 13%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, sodium carbonate imports expanded sharply to $X in 2022. In general, imports, however, showed a perceptible reduction. The pace of growth appeared the most rapid in 2019 with an increase of 17%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Bulgaria (X tons), Turkey (X tons) and the United States (X tons) were the main suppliers of sodium carbonate imports to Saudi Arabia, with a combined 100% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +11.2%), while imports for the other leaders experienced a decline.

In value terms, Bulgaria ($X), Turkey ($X) and the United States ($X) were the largest sodium carbonate suppliers to Saudi Arabia, together accounting for 100% of total imports.

In terms of the main suppliers, Turkey, with a CAGR of +8.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average sodium carbonate import price amounted to $X per ton, surging by 1.6% against the previous year. Overall, the import price, however, continues to indicate a slight decline. The growth pace was the most rapid in 2019 when the average import price increased by 11% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (-1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sodium carbonate in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 46% of global consumption. Japan, Russia, Pakistan, Indonesia, Mexico, the UK, Brazil and Iran lagged somewhat behind, together accounting for a further 26%.

What are the largest producers of sodium carbonate in the world?

The countries with the highest volumes of in 2021 were the United States, China and India, with a combined 57% share of global production. These countries were followed by Turkey, Russia, Japan, Pakistan, the UK, Bulgaria, Indonesia, Germany and Iran, which together accounted for a further 30%.

What are the leading suppliers of sodium carbonate to Saudi Arabia?

In value terms, the largest sodium carbonate suppliers to Saudi Arabia were Turkey, the United States and Bulgaria, together comprising 90% of total imports.

What are the leading importers of sodium carbonate from Saudi Arabia?

In value terms, the United Arab Emirates emerged as the key foreign market for sodium carbonate exports from Saudi Arabia, comprising 49% of total exports. The second position in the ranking was occupied by Jordan, with a 20% share of total exports. It was followed by Bahrain, with a 15% share.

What is the average export price for sodium carbonate in Saudi Arabia?

The average sodium carbonate export price stood at $270 per ton in 2021, growing by 6.8% against the previous year.

What is the average import price for sodium carbonate in Saudi Arabia?

In 2021, the average sodium carbonate import price amounted to $224 per ton, with a decrease of -4.1% against the previous year.

This report provides an in-depth analysis of the sodium carbonate market in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20134310 - Disodium carbonate

Country coverage:

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023