GCC: Kaolin Market 2024

Kaolin Market Size in GCC

The GCC kaolin market soared to $X in 2023, with an increase of X% against the previous year. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2023, the growth of the market failed to regain momentum.

Kaolin Production in GCC

In value terms, kaolin production contracted modestly to $X in 2023 estimated in export price. Over the period under review, production posted a slight expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2023, production growth failed to regain momentum.

Kaolin Exports

Exports in GCC

In 2023, after two years of decline, there was significant growth in shipments abroad of kaolin and kaolinic clays, when their volume increased by X% to X tons. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2014 to 2023, the growth of the exports failed to regain momentum.

In value terms, kaolin exports surged to $X in 2023. In general, exports recorded resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates prevails in exports structure, amounting to X tons, which was approx. X% of total exports in 2023. Oman (X tons) followed a long way behind the leaders.

The United Arab Emirates was also the fastest-growing in terms of the kaolin and kaolinic clays exports, with a CAGR of X% from 2012 to 2023. Oman (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Oman saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, the United Arab Emirates ($X) remains the largest kaolin supplier in GCC, comprising X% of total exports. The second position in the ranking was held by Oman ($X), with a X% share of total exports.

In the United Arab Emirates, kaolin exports increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in GCC stood at $X per ton in 2023, picking up by X% against the previous year. Over the period under review, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Oman totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Oman (X%).

Kaolin Imports

Imports in GCC

In 2023, kaolin imports in GCC fell rapidly to X tons, waning by X% against the previous year. In general, imports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked at X tons in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

In value terms, kaolin imports skyrocketed to $X in 2023. Over the period under review, imports recorded a relatively flat trend pattern. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

The United Arab Emirates was the major importing country with an import of around X tons, which accounted for X% of total imports. Saudi Arabia (X tons) ranks second in terms of the total imports with a X% share, followed by Bahrain (X%) and Kuwait (X%). Oman (X tons) took a minor share of total imports.

From 2012 to 2023, average annual rates of growth with regard to kaolin imports into the United Arab Emirates stood at X%. At the same time, Kuwait (X%) and Bahrain (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2023. Oman experienced a relatively flat trend pattern. By contrast, Saudi Arabia (X%) illustrated a downward trend over the same period. Bahrain (X p.p.) and Kuwait (X p.p.) significantly strengthened its position in terms of the total imports, while Saudi Arabia saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Bahrain ($X) were the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Kuwait and Oman lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Kuwait, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in GCC stood at $X per ton in 2023, with an increase of X% against the previous year. Import price indicated a tangible expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform