GCC: Hydrazine And Hydroxylamine Market 2024

Hydrazine And Hydroxylamine Market Size in GCC

In 2022, the GCC hydrazine and hydroxylamine market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, posted a notable expansion. As a result, consumption attained the peak level of $X, and then contracted sharply in the following year.

Hydrazine And Hydroxylamine Production in GCC

In value terms, hydrazine and hydroxylamine production reached $X in 2022 estimated in export price. Overall, production, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Hydrazine And Hydroxylamine Exports

Exports in GCC

In 2022, the amount of hydrazine and hydroxylamine and their inorganic salts exported in GCC surged to X tons, rising by X% on 2021. Overall, exports, however, continue to indicate a pronounced slump. The growth pace was the most rapid in 2014 with an increase of X%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, hydrazine and hydroxylamine exports soared to $X in 2022. In general, exports showed a buoyant increase. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from the United Arab Emirates (X tons), together recording X% of total export.

The United Arab Emirates was also the fastest-growing in terms of the hydrazine and hydroxylamine and their inorganic salts exports, with a CAGR of X% from 2012 to 2022. While the share of the United Arab Emirates (X p.p.) increased significantly, 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 hydrazine and hydroxylamine supplier in GCC.

In the United Arab Emirates, hydrazine and hydroxylamine exports 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, picking up by X% against the previous year. In general, the export price continues to indicate a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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.

Hydrazine And Hydroxylamine Imports

Imports in GCC

In 2022, after two years of growth, there was significant decline in purchases abroad of hydrazine and hydroxylamine and their inorganic salts, when their volume decreased by X% to X tons. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021, and then declined remarkably in the following year.

In value terms, hydrazine and hydroxylamine imports declined notably to $X in 2022. Over the period under review, imports, however, continue to indicate a notable increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then shrank markedly in the following year.

Imports by Country

The United Arab Emirates represented the largest importer of hydrazine and hydroxylamine and their inorganic salts in GCC, with the volume of imports finishing at X tons, which was near X% of total imports in 2022. It was distantly followed by Kuwait (X tons), constituting an X% share of total imports. Qatar (X tons) took a little share of total imports.

The United Arab Emirates was also the fastest-growing in terms of the hydrazine and hydroxylamine and their inorganic salts imports, with a CAGR of X% from 2012 to 2022. At the same time, Qatar (X%) displayed positive paces of growth. By contrast, Kuwait (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.) and Kuwait (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported hydrazine and hydroxylamine and their inorganic salts in GCC, comprising X% of total imports. The second position in the ranking was held by Kuwait ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Kuwait (X% per year) and Qatar (X% per year).

Import Prices by Country

The import price in GCC stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price, however, posted a notable increase. The pace of growth was the most pronounced in 2021 when the import price increased by X%. As a result, import price reached the peak level of $X per ton, and then shrank remarkably in the following year.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Qatar ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform