Report Update Nov 1, 2024

Saudi Arabia - O-Xylene - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: O-Xylene Market 2024

O-Xylene Market Size in Saudi Arabia

The Saudi o-xylene market expanded remarkably to $X in 2022, growing by 8.1% against the previous year. Overall, consumption saw a significant expansion. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

O-Xylene Production in Saudi Arabia

In value terms, o-xylene production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the production volume increased by 54% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

O-Xylene Exports

Exports from Saudi Arabia

In 2020, shipments abroad of o-xylene decreased by 0% to X tons for the first time since 2017, thus ending a two-year declining trend. In general, exports saw a deep reduction. The pace of growth appeared the most rapid in 2015 when exports increased by 8,712%. The exports peaked at X tons in 2012; however, from 2013 to 2020, the exports remained at a lower figure.

In value terms, o-xylene exports totaled $X in 2020. Overall, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2015 when exports increased by 5,132% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2020, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for o-xylene exports from Saudi Arabia, with a approx. 100% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest.

From 2012 to 2020, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest.

Export Prices by Country

The average o-xylene export price stood at $X per ton in 2020, approximately equating the previous year. Over the period under review, the export price posted prominent growth. The most prominent rate of growth was recorded in 2014 an increase of 134% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2020, the average export prices failed to regain momentum.

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

From 2012 to 2020, the rate of growth in terms of prices for Sudan amounted to +58.2% per year.

O-Xylene Imports

Imports into Saudi Arabia

In 2022, the amount of o-xylene imported into Saudi Arabia skyrocketed to X tons, with an increase of 500% on the previous year. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2019 when imports increased by 2,336% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, o-xylene imports surged to $X in 2022. Overall, imports posted prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of 626%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of o-xylene to Saudi Arabia, with a 49% share of total imports. It was followed by Belgium (X tons), with a 0.9% share of total imports.

From 2013 to 2022, the average annual growth rate of volume from Germany amounted to +1,790.8%.

In value terms, Germany ($X) constituted the largest supplier of o-xylene to Saudi Arabia, comprising 44% of total imports. The second position in the ranking was taken by Belgium ($X), with a 5.7% share of total imports.

From 2013 to 2022, the average annual growth rate of value from Germany stood at +516.1%.

Import Prices by Country

In 2022, the average o-xylene import price amounted to $X per ton, waning by -38.6% against the previous year. Over the period under review, the import price saw a precipitous setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 62%. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 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 Belgium ($X per ton), while the price for Germany amounted to $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+30.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for o-xylene in the world?

The countries with the highest volumes of in 2021 were the UK, China and Singapore, together comprising 33% of global consumption. These countries were followed by Germany, Italy, the United States, Russia, Belgium, South Korea, India, Iran, the Netherlands and Indonesia, which together accounted for a further 45%.

What are the largest producers of o-xylene in the world?

The countries with the highest volumes of in 2021 were India, Singapore and the UK, with a combined 45% share of global production.

What are the leading suppliers of o-xylene to Saudi Arabia?

In value terms, India constituted the largest supplier of o-xylene to Saudi Arabia, comprising 54% of total imports. The second position in the ranking was occupied by the United States, with a 20% share of total imports.

What are the leading importers of o-xylene from Saudi Arabia?

In value terms, Pakistan remains the key foreign market for o-xylene exports from Saudi Arabia.

What is the average export price for o-xylene in Saudi Arabia?

In 2021, the average o-xylene export price amounted to $2,509 per ton, shrinking by -3.1% against the previous year.

What is the average import price for o-xylene in Saudi Arabia?

In 2021, the average o-xylene import price amounted to $1,801 per ton, growing by 14% against the previous year.

This report provides an in-depth analysis of the o-xylene 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 20141243 - o-Xylene

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