GCC: Activated Carbon Market 2024

Activated Carbon Market Size in GCC

The GCC activated carbon market reduced to $X in 2022, falling by X% against the previous year. The total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. The level of consumption peaked at $X in 2021, and then shrank in the following year.

Activated Carbon Production in GCC

In value terms, activated carbon production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a prominent expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Activated Carbon Exports

Exports in GCC

In 2022, approx. X tons of activated carbon were exported in GCC; growing by X% compared with the previous year. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, activated carbon exports dropped significantly to $X in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2014 when exports increased by X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates prevails in exports structure, finishing at X tons, which was near X% of total exports in 2022. It was distantly followed by Saudi Arabia (X tons), generating a X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the activated carbon exports, with a CAGR of X% from 2012 to 2022. Saudi Arabia experienced a relatively flat trend pattern. From 2012 to 2022, the share of the United Arab Emirates increased by X percentage points.

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

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates amounted to X%.

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price recorded a pronounced descent. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the United Arab Emirates amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%).

Activated Carbon Imports

Imports in GCC

For the third year in a row, GCC recorded growth in supplies from abroad of activated carbon, which increased by X% to X tons in 2022. Overall, imports, however, continue to indicate a noticeable contraction. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, activated carbon imports fell to $X in 2022. Total imports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Saudi Arabia (X tons) represented the largest importer of activated carbon, generating X% of total imports. The United Arab Emirates (X tons) ranks second in terms of the total imports with a X% share, followed by Qatar (X%) and Oman (X%). The following importers - Bahrain (X tons) and Kuwait (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to activated carbon imports into Saudi Arabia stood at X%. At the same time, Bahrain (X%), Oman (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. Kuwait experienced a relatively flat trend pattern. By contrast, Qatar (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Saudi Arabia, the United Arab Emirates, Oman, Bahrain and Kuwait increased by X, X, X, X and X percentage points, respectively.

In value terms, the largest activated carbon importing markets in GCC were Saudi Arabia ($X), the United Arab Emirates ($X) and Qatar ($X), together comprising X% of total imports. Bahrain, Oman and Kuwait lagged somewhat behind, together comprising a further X%.

Bahrain, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries 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 2022, shrinking by X% against the previous year. Import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, activated carbon import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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