Report Update Apr 1, 2024

GCC - Other Chemical Products - Market Analysis, Forecast, Size, Trends and Insights

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GCC: Other Chemical Products Market 2024

Other Chemical Products Market Size in GCC

The GCC other chemical products market rose rapidly to $X in 2022, surging by X% against the previous year. Overall, consumption, however, recorded a pronounced contraction. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Other Chemical Products Production in GCC

In value terms, other chemical products production stood at $X in 2022 estimated in export price. In general, production, however, saw a noticeable setback. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Other Chemical Products Exports

Exports in GCC

In 2022, approx. X tons of other chemical products were exported in GCC; growing by X% compared with 2021 figures. Over the period under review, exports, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, other chemical products exports surged to $X in 2022. In general, exports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia prevails in exports structure, reaching X tons, which was approx. X% of total exports in 2022. Kuwait (X tons) followed a long way behind the leaders.

Saudi Arabia was also the fastest-growing in terms of the other chemical products exports, with a CAGR of X% from 2012 to 2022. Kuwait (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, Saudi Arabia ($X) remains the largest other chemical products supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by Kuwait ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Saudi Arabia amounted to X%.

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the export prices remained at a lower figure.

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 Kuwait ($X per ton), while Saudi Arabia stood at $X per ton.

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

Other Chemical Products Imports

Imports in GCC

In 2022, after two years of decline, there was significant growth in purchases abroad of other chemical products, when their volume increased by X% to X tons. Over the period under review, imports, however, recorded a abrupt decline. The growth pace was the most rapid in 2019 when imports increased by X%. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, other chemical products imports expanded notably to $X in 2022. Overall, imports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Saudi Arabia (X tons) and Oman (X tons) dominates imports structure, together creating X% of total imports. The following importers - Qatar (X tons) and Kuwait (X tons) - each finished at a X% share of total imports.

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

In value terms, Saudi Arabia ($X), Oman ($X) and Qatar ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Oman, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in GCC stood at $X per ton in 2022, approximately mirroring the previous year. Overall, the import price, however, continues to indicate a pronounced decrease. The growth pace was the most rapid in 2020 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 Saudi Arabia ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for other chemical products in GCC?

Saudi Arabia constituted the country with the largest volume of other chemical products consumption, accounting for 60% of total volume. Moreover, other chemical products consumption in Saudi Arabia exceeded the figures recorded by the second-largest consumer, the United Arab Emirates, fourfold. Oman ranked third in terms of total consumption with a 9.7% share.

What are the largest producers of other chemical products in GCC?

Saudi Arabia remains the largest other chemical products producing country in GCC, accounting for 61% of total volume. Moreover, other chemical products production in Saudi Arabia exceeded the figures recorded by the second-largest producer, the United Arab Emirates, fourfold. Oman ranked third in terms of total production with an 8.8% share.

What are the leading suppliers of other chemical products in GCC?

In value terms, Saudi Arabia remains the largest other chemical products supplier in GCC, comprising 91% of total exports. The second position in the ranking was taken by Kuwait, with a 7.5% share of total exports.

What are the leading importers of other chemical products in GCC?

In value terms, the largest other chemical products importing markets in GCC were Saudi Arabia, Oman and Qatar, with a combined 98% share of total imports.

What is the average export price for other chemical products in GCC?

The export price in GCC stood at $731 per ton in 2022, dropping by -5.6% against the previous year.

What is the average import price for other chemical products in GCC?

In 2022, the import price in GCC amounted to $2,396 per ton, approximately reflecting the previous year.

This report provides an in-depth analysis of the other chemical products market in GCC. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20595730 - Naphthenic acids, their water-insoluble salts and their esters
Prodcom 20595910 - Ion-exchangers, getters for vacuum tubes, petroleum sulphonates (excluding petroleum sulphonates of alkali metals, of ammonium or of ethanolamines), thiophenated sulphonic acids of oils obtained from bituminous minerals, a nd their salts
Prodcom 20595920 - Pyrolignites, crude calcium tartrate, crude calcium citrate, antirust preparations containing amines as active constituents
Prodcom 20595930 - Inorganic composite solvents and thinners for varnishes and similar products
Prodcom 20595940 - Anti-scaling and similar compounds
Prodcom 20595953 - Preparations for electroplating
Prodcom 20595957 - Mixtures of mono-, di-and tri-, fatty acid esters of glycerol (emulsifiers for fats)
Prodcom 20595963 - Products and preparations for pharmaceutical or surgical uses
Prodcom 20595965 - Auxiliary products for foundries (excluding prepared binders for foundry moulds or cores)
Prodcom 20595967 - Fire-proofing, water-proofing and similar protective preparations used in the building industry
Prodcom 20595993 - Other chemical products, n.e.c.
Prodcom 21201380 - Other medicaments of mixed or unmixed products, p.r.s., n .e.c.

Country coverage:

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in GCC, split by region and country
Trade (exports and imports) in GCC
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Bahrain
- Kuwait
- Oman
- Qatar
- Saudi Arabia
- United Arab Emirates
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023