Saudi Arabia - Benzol (Benzene), Toluol (Toluene) And Xylol (Xylenes) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Benzol, Toluol and Xylol in Saudi Arabia - 2021
Contents:
- Price for Benzol, Toluol and Xylol in Saudi Arabia (FOB) - 2022
- Price for Benzol, Toluol and Xylol in Saudi Arabia (CIF) - 2022
- Exports of Benzol, Toluol and Xylol in Saudi Arabia
- Imports of Benzol, Toluol and Xylol in Saudi Arabia
Price for Benzol, Toluol and Xylol in Saudi Arabia (FOB) - 2022
The average benzol, toluol and xylol export price stood at $850 per ton in 2022, leveling off at the previous year. Over the period under review, the export price recorded a pronounced downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 70%. Over the period under review, the average export prices reached the maximum at $1,361 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the Philippines.
From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +64.2% per year.
Price for Benzol, Toluol and Xylol in Saudi Arabia (CIF) - 2022
In 2022, the average benzol, toluol and xylol import price amounted to $1,143 per ton, surging by 22% against the previous year. In general, the import price, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 72%. As a result, import price attained the peak level of $3,677 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +5.8% per year.
Exports of Benzol, Toluol and Xylol in Saudi Arabia
In 2022, approx. 280K tons of benzol (benzene), toluol (toluene) and xylol (xylenes) were exported from Saudi Arabia; dropping by -48.4% against the year before. In general, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 2,993%. As a result, the exports attained the peak of 542K tons, and then shrank dramatically in the following year.
In value terms, benzol, toluol and xylol exports declined notably to $238M in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 5,166%. As a result, the exports reached the peak of $467M, and then dropped remarkably in the following year.
| Export of Benzol, Toluol and Xylol in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Philippines | N/A | 238 | 0% | ||
| Japan | 13.0 | N/A | 0% | ||
| China | 62.6 | N/A | 0% | ||
| United States | 13.6 | N/A | 0% | ||
| India | 318 | N/A | 0% | ||
| Pakistan | 76.1 | N/A | 0% | ||
| Others | -16.9 | N/A | 0% | ||
| Total | 467 | 238 | -49.0% | ||
Top Export Markets for Benzol, Toluol and Xylol from Saudi Arabia in 2022:
- Philippines (279.8K tons)
Imports of Benzol, Toluol and Xylol in Saudi Arabia
In 2022, approx. 208 tons of benzol (benzene), toluol (toluene) and xylol (xylenes) were imported into Saudi Arabia; picking up by 28% on the previous year. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +9.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -23.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 70% against the previous year. As a result, imports reached the peak of 271 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, benzol, toluol and xylol imports skyrocketed to $237K in 2022. In general, imports, however, continue to indicate a slight slump.
| Import of Benzol, Toluol and Xylol in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 169 | 219 | 36.6 | 237 | 11.9% |
| South Korea | N/A | 104 | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | 42.7 | N/A | 0% |
| Singapore | N/A | N/A | 24.4 | N/A | 0% |
| Portugal | 79.3 | N/A | N/A | N/A | 0% |
| Netherlands | N/A | N/A | 48.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 249 | 323 | 152 | 237 | -1.6% |
Top Suppliers of Benzol, Toluol and Xylol to Saudi Arabia in 2022:
- India (207.7 tons)
This report provides an in-depth analysis of the market for benzol, toluol and xylol 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 20147320 - Benzol (benzene), toluol (toluene) and xylol (xylenes)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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