GCC: Kaolinitic Clays Market 2024

Kaolinitic Clays Market Size in GCC

In 2020, the GCC kaolinitic clays market decreased by X% to $X for the first time since 2017, thus ending a two-year rising trend. Over the period under review, consumption saw a pronounced reduction. As a result, consumption reached the peak level of $X. From 2014 to 2020, the growth of the market failed to regain momentum.

Kaolinitic Clays Production in GCC

In value terms, kaolinitic clays production declined significantly to $X in 2020 estimated in export price. Overall, production, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.

Kaolinitic Clays Exports

Exports in GCC

In 2020, the amount of kaolinitic clays (ball and plastic clays) exported in GCC skyrocketed to X tons, with an increase of X% on the year before. In general, exports, however, recorded a mild slump. The volume of export peaked at X tons in 2013; however, from 2014 to 2020, the exports remained at a lower figure.

In value terms, kaolinitic clays exports surged to $X in 2020. Overall, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

In 2020, the United Arab Emirates (X tons) was the key exporter of kaolinitic clays (ball and plastic clays) in GCC, creating X% of total export.

The United Arab Emirates was also the fastest-growing in terms of the kaolinitic clays (ball and plastic clays) exports, with a CAGR of X% from 2012 to 2020. 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 kaolinitic clays supplier in GCC.

From 2012 to 2020, the average annual rate of growth in terms of value in the United Arab Emirates stood at X%.

Export Prices by Country

The export price in GCC stood at $X per ton in 2020, falling by X% against the previous year. In general, the export price showed a pronounced decrease. The pace of growth was the most pronounced in 2015 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2020, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2020, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Kaolinitic Clays Imports

Imports in GCC

In 2020, approx. X tons of kaolinitic clays (ball and plastic clays) were imported in GCC; dropping by X% compared with 2019. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of import peaked at X tons in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

In value terms, kaolinitic clays imports dropped sharply to $X in 2020. Over the period under review, imports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The level of import peaked at $X in 2013; however, from 2014 to 2020, imports remained at a lower figure.

Imports by Country

Saudi Arabia represented the largest importer of kaolinitic clays (ball and plastic clays) in GCC, with the volume of imports reaching X tons, which was approx. X% of total imports in 2020. The United Arab Emirates (X tons) ranks second in terms of the total imports with a X% share, followed by Bahrain (X%). Oman (X tons) and Kuwait (X tons) held a minor share of total imports.

From 2012 to 2020, average annual rates of growth with regard to kaolinitic clays imports into Saudi Arabia stood at X%. At the same time, Bahrain (X%) and Kuwait (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2020. By contrast, the United Arab Emirates (X%) and Oman (X%) illustrated a downward trend over the same period. Bahrain (X p.p.) and the United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total imports, while Saudi Arabia saw its share reduced by X% from 2012 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Bahrain ($X) were the countries with the highest levels of imports in 2020, together comprising X% of total imports. Oman and Kuwait lagged somewhat behind, together accounting for a further X%.

Kuwait, with a CAGR of X%, recorded the highest growth rate of 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 2020, rising by X% against the previous year. Over the last eight-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, import prices reached the maximum in 2020 and is expected to retain growth in years to come.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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