GCC: Market for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) 2024

Market Size for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in GCC

The GCC cyclanes, cyclenes and cycloterpenes market dropped to $X in 2022, waning by X% against the previous year. In general, consumption, however, recorded a prominent expansion. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in GCC

In value terms, cyclanes, cyclenes and cycloterpenes production dropped to $X in 2022 estimated in export price. Overall, production saw a buoyant increase. The growth pace was the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Exports in GCC

In 2022, shipments abroad of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, saw a remarkable increase. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, cyclanes, cyclenes and cycloterpenes exports declined to $X in 2022. In general, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia was the largest exporting country with an export of around X tons, which amounted to X% of total exports. It was distantly followed by the United Arab Emirates (X tons), mixing up a X% share of total exports.

Saudi Arabia was also the fastest-growing in terms of the cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) exports, with a CAGR of X% from 2012 to 2022. The United Arab Emirates (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Saudi Arabia increased by X percentage points.

In value terms, the largest cyclanes, cyclenes and cycloterpenes supplying countries in GCC were Saudi Arabia ($X) and the United Arab Emirates ($X).

Saudi Arabia, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, increasing by X% against the previous year. Export price indicated moderate 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, cyclanes, cyclenes and cycloterpenes export price increased by X% against 2019 indices. The pace of growth was the most pronounced 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 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia totaled $X per ton.

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

Imports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Imports in GCC

In 2022, overseas purchases of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports showed a abrupt downturn. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2021, and then declined dramatically in the following year.

In value terms, cyclanes, cyclenes and cycloterpenes imports shrank sharply to $X in 2022. Overall, imports showed a abrupt curtailment. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then shrank dramatically in the following year.

Imports by Country

In 2022, Kuwait (X tons) and the United Arab Emirates (X tons) represented the key importer of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) in GCC, mixing up X% of total import.

From 2012 to 2022, the biggest increases were recorded for Kuwait (with a CAGR of X%).

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) in GCC, comprising X% of total imports. The second position in the ranking was held by Kuwait ($X), with a X% share of total imports.

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

Import Prices by Country

In 2022, the import price in GCC amounted to $X per ton, waning by X% against the previous year. In general, the import price, however, showed a modest increase. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the import prices remained at a 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 the United Arab Emirates ($X per ton), while Kuwait amounted to $X per ton.

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

Source: IndexBox Platform

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