MENA: Peroxosulphates Market 2024

Peroxosulphates Market Size in MENA

The MENA's peroxosulphates market soared to $X in 2023, growing by X% against the previous year. In general, consumption posted slight growth. As a result, consumption reached the peak level of $X. From 2019 to 2023, the growth of the market remained at a lower figure.

Peroxosulphates Production in MENA

In value terms, peroxosulphates production contracted modestly to $X in 2023 estimated in export price. Overall, production posted a perceptible expansion. The growth pace was the most rapid in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2023, production growth remained at a somewhat lower figure.

Peroxosulphates Exports

Exports in MENA

Peroxosulphates exports shrank markedly to X tons in 2023, which is down by X% on the year before. In general, exports, however, enjoyed moderate growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the exports failed to regain momentum.

In value terms, peroxosulphates exports reduced sharply to $X in 2023. Over the period under review, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2022, and then dropped sharply in the following year.

Exports by Country

Turkey prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2023. Jordan (X tons) followed a long way behind the leaders.

Exports from Turkey increased at an average annual rate of X% from 2012 to 2023. At the same time, Jordan (X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest peroxosulphates supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Jordan ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in Turkey stood at X%.

Export Prices by Country

In 2023, the export price in MENA amounted to $X per ton, stabilizing at the previous year. Export price indicated a tangible increase 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. Based on 2023 figures, peroxosulphates export price increased by X% against 2019 indices. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2022, and then declined modestly in the following year.

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

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

Peroxosulphates Imports

Imports in MENA

In 2023, purchases abroad of peroxosulphates (persulphates) increased by X% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2023, imports failed to regain momentum.

In value terms, peroxosulphates imports stood at $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Turkey (X tons), distantly followed by the United Arab Emirates (X tons), Iran (X tons), Egypt (X tons) and Algeria (X tons) represented the major importers of peroxosulphates (persulphates), together making up X% of total imports. Tunisia (X tons) held a minor share of total imports.

From 2012 to 2023, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Iran ($X) were the countries with the highest levels of imports in 2023, together comprising X% of total imports.

In terms of the main importing countries, the United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of 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

In 2023, the import price in MENA amounted to $X per ton, waning by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2022, and then declined in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Algeria ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform