GCC: Market for Non-Ionic Surface-Active Agents (Excluding Soap) 2024

Market Size for Non-Ionic Surface-Active Agents (Excluding Soap) in GCC

The GCC market for non-ionic surface-active agents (excluding soap) expanded remarkably to $X in 2023, growing by X% against the previous year. The total consumption indicated a modest increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Non-Ionic Surface-Active Agents (Excluding Soap) in GCC

In value terms, non-ionic surface-active agents (excl. soap) production dropped to $X in 2023 estimated in export price. Over the period under review, production, however, saw tangible growth. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2023, production growth remained at a somewhat lower figure.

Exports of Non-Ionic Surface-Active Agents (Excluding Soap)

Exports in GCC

In 2023, overseas shipments of non-ionic surface-active agents (excluding soap) decreased by X% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, exports, however, enjoyed modest growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. The volume of export peaked at X tons in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.

In value terms, non-ionic surface-active agents (excl. soap) exports fell to $X in 2023. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia dominates exports structure, resulting at X tons, which was near X% of total exports in 2023. The following exporters - Oman (X tons) and the United Arab Emirates (X tons) - each accounted for a X% share of total exports.

Saudi Arabia was also the fastest-growing in terms of the non-ionic surface-active agents (excluding soap) exports, with a CAGR of X% from 2012 to 2023. At the same time, Oman (X%) displayed positive paces of growth. By contrast, the United Arab Emirates (X%) illustrated a downward trend over the same period. While the share of Saudi Arabia (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of the United Arab Emirates (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) remains the largest non-ionic surface-active agents (excl. soap) supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by Oman ($X), with a X% share of total exports.

In Saudi Arabia, non-ionic surface-active agents (excl. soap) exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Oman (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2023, the export price in GCC amounted to $X per ton, leveling off at the previous year. Over the period under review, the export price, however, continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2013 an increase of X%. The level of export peaked at $X per ton in 2021; however, from 2022 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Oman ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2023, 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 export price figures.

Imports of Non-Ionic Surface-Active Agents (Excluding Soap)

Imports in GCC

In 2023, approx. X tons of non-ionic surface-active agents (excluding soap) were imported in GCC; with an increase of X% against 2022 figures. In general, imports, however, continue to indicate a abrupt contraction. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, non-ionic surface-active agents (excl. soap) imports soared to $X in 2023. Overall, imports, however, recorded a noticeable slump. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

Saudi Arabia represented the key importing country with an import of about X tons, which finished at X% of total imports. Kuwait (X tons) ranks second in terms of the total imports with a X% share, followed by Oman (X%). The following importers - Bahrain (X tons) and the United Arab Emirates (X tons) - together made up X% of total imports.

From 2012 to 2023, average annual rates of growth with regard to non-ionic surface-active agents (excl. soap) imports into Saudi Arabia stood at X%. At the same time, Bahrain (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2023. Kuwait experienced a relatively flat trend pattern. By contrast, Oman (X%) and the United Arab Emirates (X%) illustrated a downward trend over the same period. Saudi Arabia (X p.p.), Kuwait (X p.p.) and Bahrain (X p.p.) significantly strengthened its position in terms of the total imports, while Oman and the United Arab Emirates saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported non-ionic surface-active agents (excluding soap) in GCC, comprising X% of total imports. The second position in the ranking was held by Kuwait ($X), with a X% share of total imports. It was followed by Oman, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Saudi Arabia stood at X%. In the other countries, the average annual rates were as follows: Kuwait (X% per year) and Oman (X% per year).

Import Prices by Country

In 2023, the import price in GCC amounted to $X per ton, approximately equating the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2023, 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 2023, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform