MENA: Ethylene Dichloride Market 2024

Ethylene Dichloride Market Size in MENA

The MENA's ethylene dichloride market fell significantly to $X in 2022, shrinking by X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Ethylene Dichloride Production in MENA

In value terms, ethylene dichloride production contracted modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Ethylene Dichloride Exports

Exports in MENA

In 2022, exports of X-dichloroethane (ethylene dichloride) in MENA rose rapidly to X tons, growing by X% on 2021 figures. Total exports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, ethylene dichloride exports fell notably to $X in 2022. In general, exports saw a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then reduced notably in the following year.

Exports by Country

Saudi Arabia (X tons) represented roughly X% of total exports in 2022.

Saudi Arabia was also the fastest-growing in terms of the X-dichloroethane (ethylene dichloride) exports, with a CAGR of X% from 2012 to 2022. While the share of Saudi Arabia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) also remains the largest ethylene dichloride supplier in MENA.

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

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, waning by X% against the previous year. Overall, the export price, however, showed a temperate expansion. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank rapidly in the following year.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to X% per year.

Ethylene Dichloride Imports

Imports in MENA

After ten years of growth, overseas purchases of X-dichloroethane (ethylene dichloride) decreased by X% to X tons in 2022. Over the period under review, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2021, and then reduced sharply in the following year.

In value terms, ethylene dichloride imports declined rapidly to $X in 2022. In general, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2013 when imports increased by X%. The level of import peaked at $X in 2021, and then dropped sharply in the following year.

Imports by Country

Egypt prevails in imports structure, finishing at X tons, which was approx. X% of total imports in 2022. The following importers - Oman (X tons), Morocco (X tons) and Iran (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to ethylene dichloride imports into Egypt stood at X%. At the same time, Morocco (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. Oman experienced a relatively flat trend pattern. By contrast, Iran (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Egypt, Oman and Morocco increased by X, X and X percentage points, respectively.

In value terms, Egypt ($X) constitutes the largest market for imported X-dichloroethane (ethylene dichloride) in MENA, comprising X% of total imports. The second position in the ranking was held by Morocco ($X), with a X% share of total imports. It was followed by Oman, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Egypt stood at X%. In the other countries, the average annual rates were as follows: Morocco (X% per year) and Oman (X% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per ton, rising by X% against the previous year. In general, the import price showed perceptible growth. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform

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