Report Update Nov 1, 2024

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

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Saudi Arabia: P-Xylene Market 2024

P-Xylene Market Size in Saudi Arabia

After three years of growth, the Saudi p-xylene market decreased by -41.9% to $X in 2021. Overall, consumption, however, posted a pronounced increase. P-xylene consumption peaked at $X in 2020, and then fell dramatically in the following year.

P-Xylene Production in Saudi Arabia

In value terms, p-xylene production surged to $X in 2021 estimated in export price. Overall, production enjoyed a buoyant expansion. The growth pace was the most rapid in 2015 when the production volume increased by 79%. P-xylene production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

P-Xylene Exports

Exports from Saudi Arabia

In 2021, p-xylene exports from Saudi Arabia soared to X tons, increasing by 27% against the previous year's figure. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 122% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, p-xylene exports soared to $X in 2021. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 91% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Portugal (X tons), the United States (X tons) and Indonesia (X tons) were the main destinations of p-xylene exports from Saudi Arabia, with a combined 71% share of total exports. These countries were followed by China, Spain, Pakistan, Thailand and India, which together accounted for a further 24%.

From 2012 to 2021, the biggest increases were in Pakistan (with a CAGR of +61.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for p-xylene exported from Saudi Arabia were Portugal ($X), the United States ($X) and Spain ($X), together comprising 73% of total exports.

In terms of the main countries of destination, Portugal, with a CAGR of +52.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average p-xylene export price amounted to $X per ton, with an increase of 31% against the previous year. Overall, the export price, however, saw a perceptible descent. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Spain ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

P-Xylene Imports

Imports into Saudi Arabia

In 2020, supplies from abroad of p-xylene decreased by 0% to X tons for the first time since 2017, thus ending a two-year declining trend. Over the period under review, imports recorded a significant expansion. The smallest decline of 99.9% was in 2018. Imports peaked in 2020 and are likely to see steady growth in years to come.

In value terms, p-xylene imports amounted to $X in 2020. Overall, imports recorded a significant increase. The smallest decline of 99.9% was in 2018. Imports peaked in 2020 and are expected to retain growth in the near future.

Imports by Country

India (X tons), the United States (X tons) and Georgia (X tons) were the main suppliers of p-xylene imports to Saudi Arabia.

From 2017 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of 0.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constituted the largest supplier of p-xylene to Saudi Arabia, comprising 54% of total imports. The second position in the ranking was held by the United States ($X), with a 26% share of total imports.

From 2017 to 2020, the average annual growth rate of value from India was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (0.0% per year) and Georgia (0.0% per year).

Import Prices by Country

In 2020, the average p-xylene import price amounted to $X per ton, approximately equating the previous year. Over the period under review, the import price continues to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price decreased by 99.9% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2020, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was India ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2017 to 2020, the most notable rate of growth in terms of prices was attained by India (-36.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of in 2021 were China, South Korea and the United States, with a combined 40% share of global consumption.

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

South Korea constituted the country with the largest volume of p-xylene production, comprising approx. 21% of total volume. Moreover, p-xylene production in South Korea exceeded the figures recorded by the second-largest producer, Japan, threefold. The United States ranked third in terms of total production with an 8.5% share.

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

In value terms, India constituted the largest supplier of p-xylene to Saudi Arabia, comprising 53% of total imports. The second position in the ranking was occupied by the United States, with a 26% share of total imports.

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

In value terms, the largest markets for p-xylene exported from Saudi Arabia were the United States, Portugal and India, together comprising 69% of total exports. Pakistan and Spain lagged somewhat behind, together comprising a further 31%.

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

In 2021, the average p-xylene export price amounted to $820 per ton, picking up by 31% against the previous year.

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

In 2020, the average p-xylene import price amounted to $496 per ton, almost unchanged from the previous year.

This report provides an in-depth analysis of the p-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 20141245 - p-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