MENA: Activated Carbon Market 2024

Activated Carbon Market Size in MENA

The MENA's activated carbon market rose remarkably to $X in 2022, with an increase of X% against the previous year. The total consumption indicated a prominent expansion from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. The level of consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Activated Carbon Production in MENA

In value terms, activated carbon production fell slightly to $X in 2022 estimated in export price. In general, production, however, posted a strong expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Activated Carbon Exports

Exports in MENA

For the third year in a row, MENA recorded growth in overseas shipments of activated carbon, which increased by X% to X tons in 2022. Overall, exports posted a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of export peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, activated carbon exports reached $X in 2022. Over the period under review, exports posted a buoyant expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United Arab Emirates was the main exporter of activated carbon in MENA, with the volume of exports reaching X tons, which was near X% of total exports in 2022. Turkey (X tons) ranks second in terms of the total exports with a X% share, followed by Morocco (X%). The following exporters - Saudi Arabia (X tons) and Iran (X tons) - each recorded a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to activated carbon exports from the United Arab Emirates stood at X%. At the same time, Morocco (X%), Iran (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. Saudi Arabia experienced a relatively flat trend pattern. The United Arab Emirates (X p.p.), Morocco (X p.p.), Turkey (X p.p.) and Iran (X p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Morocco ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports.

In terms of the main exporting countries, Morocco, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price saw a perceptible descent. The pace of growth appeared the most rapid in 2014 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices remained at a lower figure.

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

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

Activated Carbon Imports

Imports in MENA

In 2022, approx. X tons of activated carbon were imported in MENA; growing by X% against 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, activated carbon imports skyrocketed to $X in 2022. Total imports indicated a remarkable increase from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Turkey represented the major importing country with an import of around X tons, which recorded X% of total imports. It was distantly followed by Saudi Arabia (X tons), Israel (X tons), the United Arab Emirates (X tons), Iran (X tons), Egypt (X tons) and Qatar (X tons), together comprising a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constitutes the largest market for imported activated carbon in MENA, comprising X% of total imports. The second position in the ranking was held by Israel ($X), with a X% share of total imports. It was followed by Saudi Arabia, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey amounted to X%. In the other countries, the average annual rates were as follows: Israel (X% per year) and Saudi Arabia (X% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

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 Israel ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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