Report Update Nov 1, 2024

Saudi Arabia - Polyphenols and Phenol-Alcohols - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Polyphenols And Phenol-Alcohols Market 2024

Polyphenols And Phenol-Alcohols Market Size in Saudi Arabia

The Saudi polyphenols and phenol-alcohols market expanded modestly to $X in 2022, growing by 2.8% against the previous year. In general, consumption saw a strong increase. Polyphenols and phenol-alcohols consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Polyphenols And Phenol-Alcohols Production in Saudi Arabia

In value terms, polyphenols and phenol-alcohols production shrank dramatically to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of 912%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Polyphenols And Phenol-Alcohols Exports

Exports from Saudi Arabia

In 2022, after five years of growth, there was significant decline in shipments abroad of polyphenols and phenol-alcohols, when their volume decreased by -21.4% to X tons. Overall, exports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2013 when exports increased by 344% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, polyphenols and phenol-alcohols exports fell markedly to $X in 2022. In general, exports, however, showed a resilient expansion. The growth pace was the most rapid in 2013 when exports increased by 241%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Jordan (X tons) was the main destination for polyphenols and phenol-alcohols 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 Jordan amounted to +32.1%.

In value terms, Jordan ($X) also remains the key foreign market for polyphenols and phenol-alcohols exports from Saudi Arabia.

From 2012 to 2022, the average annual rate of growth in terms of value to Jordan amounted to +36.6%.

Export Prices by Country

The average polyphenols and phenol-alcohols export price stood at $X per ton in 2022, shrinking by -15.7% against the previous year. In general, the export price, however, showed modest growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 76%. As a result, the export price reached the peak level of $X per ton, and then fell sharply in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Jordan amounted to +3.4% per year.

Polyphenols And Phenol-Alcohols Imports

Imports into Saudi Arabia

In 2022, approx. X tons of polyphenols and phenol-alcohols were imported into Saudi Arabia; surging by 11% compared with 2021 figures. Overall, imports saw a buoyant increase. The pace of growth was the most pronounced in 2013 when imports increased by 119%. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, polyphenols and phenol-alcohols imports fell slightly to $X in 2022. Over the period under review, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 165%. Over the period under review, imports hit record highs at $X in 2021, and then dropped in the following year.

Imports by Country

Slovakia (X tons), the United States (X tons) and China (X tons) were the main suppliers of polyphenols and phenol-alcohols imports to Saudi Arabia, with a combined 67% share of total imports. The Netherlands, Japan and India lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +35,530.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Slovakia ($X) and China ($X) were the largest polyphenols and phenol-alcohols suppliers to Saudi Arabia, together accounting for 68% of total imports. The Netherlands, Japan and India lagged somewhat behind, together comprising a further 28%.

The Netherlands, with a CAGR of +41.4%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average polyphenols and phenol-alcohols import price amounted to $X per ton, reducing by -10.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The growth pace was the most rapid in 2021 when the average import price increased by 24% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for polyphenols and phenol-alcohols in the world?

The countries with the highest volumes of in 2021 were China, Japan and the United States, with a combined 46% share of global consumption.

What are the largest producers of polyphenols and phenol-alcohols in the world?

Japan remains the largest polyphenols and phenol-alcohols producing country worldwide, comprising approx. 35% of total volume. Moreover, polyphenols and phenol-alcohols production in Japan exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by China, with a 12% share.

What are the leading suppliers of polyphenols and phenol-alcohols to Saudi Arabia?

In value terms, the United States, Slovakia and Japan were the largest polyphenols and phenol-alcohols suppliers to Saudi Arabia, with a combined 71% share of total imports.

What are the leading importers of polyphenols and phenol-alcohols from Saudi Arabia?

In value terms, Jordan remains the key foreign market for polyphenols and phenol-alcohols exports from Saudi Arabia.

What is the average export price for polyphenols and phenol-alcohols in Saudi Arabia?

The average polyphenols and phenol-alcohols export price stood at $1,713 per ton in 2021, flattening at the previous year.

What is the average import price for polyphenols and phenol-alcohols in Saudi Arabia?

The average polyphenols and phenol-alcohols import price stood at $5,103 per ton in 2021, picking up by 4.3% against the previous year.

This report provides an in-depth analysis of the polyphenols and phenol-alcohols 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 20142439 - Polyphenols (including salts, excluding 4,4 isopropylidenediphenol) and phenol-alcohols

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:

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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
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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