GCC: Market for Medicaments Of Alkaloids Or Derivatives Thereof 2024

Market Size for Medicaments Of Alkaloids Or Derivatives Thereof in GCC

The GCC market for medicaments of alkaloids or derivatives thereof expanded to $X in 2022, growing by X% against the previous year. Over the period under review, consumption posted a strong increase. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Medicaments Of Alkaloids Or Derivatives Thereof in GCC

In value terms, production of medicaments of alkaloids or derivatives thereof rose sharply to $X in 2022 estimated in export price. Over the period under review, production recorded a prominent expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Medicaments Of Alkaloids Or Derivatives Thereof

Exports in GCC

In 2022, shipments abroad of medicaments of alkaloids or derivatives thereof increased by X% to X tons, rising for the second year in a row after four years of decline. Overall, exports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, exports of medicaments of alkaloids or derivatives thereof soared to $X in 2022. Over the period under review, exports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) and Oman (X tons) dominates thereof structure, together creating X% of total exports. Kuwait (X tons) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Oman (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the United Arab Emirates ($X) remains the largest medicaments of alkaloids or derivatives thereof supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by Oman ($X), with a X% share of total exports.

In the United Arab Emirates, exports of medicaments of alkaloids or derivatives thereof declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Oman (X% per year) and Kuwait (X% per year).

Export Prices by Country

In 2022, the export price in GCC amounted to $X per ton, surging by X% against the previous year. In general, the export price, however, recorded a slight decline. The most prominent rate of growth was recorded in 2015 an increase of X%. The level of export peaked at $X per ton in 2019; however, from 2020 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 ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Medicaments Of Alkaloids Or Derivatives Thereof

Imports in GCC

In 2022, overseas purchases of medicaments of alkaloids or derivatives thereof increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, saw a slight descent. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports of hit record highs at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, imports of medicaments of alkaloids or derivatives thereof expanded to $X in 2022. In general, imports, however, faced a deep contraction. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Kuwait (X tons), distantly followed by Saudi Arabia (X tons), the United Arab Emirates (X tons) and Bahrain (X tons) represented the key importers of medicaments of alkaloids or derivatives thereof, together generating X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Kuwait (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest medicaments of alkaloids or derivatives thereof importing markets in GCC were the United Arab Emirates ($X), Saudi Arabia ($X) and Kuwait ($X), with a combined X% share of total imports.

In terms of the main importing countries, the United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, 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, growing by X% against the previous year. Overall, the import price, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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