Report Update Nov 1, 2024

Saudi Arabia - Ethylbenzene - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Ethylbenzene Market 2024

Ethylbenzene Market Size in Saudi Arabia

The Saudi ethylbenzene market declined slightly to $X in 2022, waning by -2.7% against the previous year. In general, consumption, however, recorded a deep downturn. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Ethylbenzene Production in Saudi Arabia

In value terms, ethylbenzene production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 9.2%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Ethylbenzene Exports

Exports from Saudi Arabia

In 2018, after two years of decline, there was decline in overseas shipments of ethylbenzene, when their volume decreased by 0% to X tons. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2015 when exports increased by 100%. Over the period under review, the exports attained the peak figure in 2018 and are expected to retain growth in the near future.

In value terms, ethylbenzene exports amounted to $X in 2018. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2014 when exports increased by 99%. The exports peaked in 2018 and are expected to retain growth in years to come.

Exports by Country

Kuwait (X tons) was the main destination for ethylbenzene exports from Saudi Arabia, accounting for a approx. 99.9% share of total exports.

From 2013 to 2018, the average annual rate of growth in terms of volume to Kuwait was relatively modest.

From 2013 to 2018, the average annual rate of growth in terms of value to Kuwait was relatively modest.

Export Prices by Country

The average ethylbenzene export price stood at $X per ton in 2018, approximately mirroring the previous year. Overall, the export price continues to indicate a slight setback. The most prominent rate of growth was recorded in 2014 a decrease of -0.5%. The export price peaked at $X per ton in 2013; however, from 2014 to 2018, the export prices failed to regain momentum.

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

From 2013 to 2018, the rate of growth in terms of prices for Belgium amounted to -0.5% per year.

Ethylbenzene Imports

Imports into Saudi Arabia

In 2018, approx. X tons of ethylbenzene were imported into Saudi Arabia; flattening at 2017 figures. In general, imports recorded a significant increase. The smallest decline of -53.5% was in 2013. Imports peaked in 2018 and are likely to see gradual growth in the immediate term.

In value terms, ethylbenzene imports totaled $X in 2018. Overall, imports continue to indicate a strong increase. The smallest decline of -31.2% was in 2014. Imports peaked in 2018 and are expected to retain growth in the immediate term.

Imports by Country

In 2018, Japan (X tons) was the main supplier of ethylbenzene to Saudi Arabia, accounting for a approx. 98% share of total imports.

From 2012 to 2018, the average annual growth rate of volume from Japan was relatively modest.

In value terms, Japan ($X) constituted the largest supplier of ethylbenzene to Saudi Arabia.

From 2012 to 2018, the average annual growth rate of value from Japan was relatively modest.

Import Prices by Country

In 2018, the average ethylbenzene import price amounted to $X per ton, leveling off at the previous year. Overall, the import price saw a deep slump. The pace of growth was the most pronounced in 2014 an increase of 223%. As a result, import price reached the peak level of $X per ton. From 2015 to 2018, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Japan.

From 2012 to 2018, the rate of growth in terms of prices for Japan amounted to 0.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ethylbenzene in the world?

The countries with the highest volumes of in 2021 were Russia, the Netherlands and Poland, together comprising 79% of global consumption. These countries were followed by the UK, Belgium, Oman and the United States, which together accounted for a further 16%.

What are the largest producers of ethylbenzene in the world?

The countries with the highest volumes of in 2021 were Russia, Belgium and the UK, with a combined 82% share of global production. These countries were followed by the Czech Republic, the United States, Oman and France, which together accounted for a further 16%.

What are the leading suppliers of ethylbenzene to Saudi Arabia?

In value terms, Japan constituted the largest supplier of ethylbenzene to Saudi Arabia.

What is the average export price for ethylbenzene in Saudi Arabia?

The average ethylbenzene export price stood at $970 per ton in 2020, approximately equating the previous year.

What is the average import price for ethylbenzene in Saudi Arabia?

In 2018, the average ethylbenzene import price amounted to $1,707 per ton, approximately reflecting the previous year.

This report provides an in-depth analysis of the ethylbenzene 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 20141260 - Ethylbenzene

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