GCC: Market for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals 2024

Market Size for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in GCC

The GCC market for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals amounted to $X in 2022, with an increase of X% against the previous year. In general, consumption saw a buoyant increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in GCC

In value terms, production of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals expanded sharply to $X in 2022 estimated in export price. Overall, production recorded a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production of attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Exports in GCC

In 2022, overseas shipments of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals increased by X% to X tons, rising for the third year in a row after three years of decline. Overall, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals soared to $X in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) represented roughly X% of total exports in 2022.

The United Arab Emirates was also the fastest-growing in terms of the chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals exports, with a CAGR of X% from 2012 to 2022. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) also remains the largest chlorides and phosphorus oxychloride and halides supplier in GCC.

In the United Arab Emirates, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 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 United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Imports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Imports in GCC

After two years of growth, purchases abroad of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals decreased by X% to X tons in 2022. Over the period under review, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals dropped remarkably to $X in 2022. Overall, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) represented the major importer of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals, constituting X% of total imports. Kuwait (X tons) ranks second in terms of the total imports with a X% share, followed by Oman (X%).

From 2012 to 2022, average annual rates of growth with regard to chlorides and phosphorus oxychloride and halides imports into the United Arab Emirates stood at X%. At the same time, Kuwait (X%) and Oman (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. The United Arab Emirates (X p.p.), Kuwait (X p.p.) and Oman (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest chlorides and phosphorus oxychloride and halides importing markets in GCC were the United Arab Emirates ($X), Kuwait ($X) and Oman ($X), with a combined X% share of total imports.

Oman, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in GCC amounted to $X per ton, reducing by X% against the previous year. Overall, the import price continues to indicate a slight shrinkage. The growth pace was the most rapid in 2019 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kuwait ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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