MENA: Aromatic Polyamines Market 2024

Aromatic Polyamines Market Size in MENA

In 2022, the MENA's aromatic polyamines market increased by X% to $X, rising for the second consecutive year after two years of decline. The market 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 level of consumption peaked in 2022 and is likely to continue growth in the immediate term.

Aromatic Polyamines Production in MENA

In value terms, aromatic polyamines production declined slightly to $X in 2022 estimated in export price. The total production indicated pronounced growth 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Aromatic Polyamines Exports

Exports in MENA

In 2022, the amount of aromatic polyamines and their derivatives, salts thereof exported in MENA soared to X tons, picking up by X% against 2021 figures. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, aromatic polyamines exports skyrocketed to $X in 2022. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

In 2022, Saudi Arabia (X tons) represented the key exporter of aromatic polyamines and their derivatives, salts thereof, constituting X% of total exports. The United Arab Emirates (X tons) took the second position in the ranking, distantly followed by Turkey (X tons). All these countries together held approx. X% share of total exports. Iran (X tons) followed a long way behind the leaders.

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

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

Turkey, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries 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, increasing by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices failed to regain momentum.

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 Iran (X%), while the other leaders experienced mixed trends in the export price figures.

Aromatic Polyamines Imports

Imports in MENA

In 2022, purchases abroad of aromatic polyamines and their derivatives, salts thereof increased by X% to X tons, rising for the second year in a row after two years of decline. In general, imports posted buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, aromatic polyamines imports skyrocketed to $X in 2022. Over the period under review, imports saw a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey prevails in imports structure, accounting for X tons, which was near X% of total imports in 2022. The United Arab Emirates (X tons), Israel (X tons), Algeria (X tons) and Iran (X tons) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to aromatic polyamines imports into Turkey stood at X%. At the same time, Algeria (X%) and Israel (X%) displayed positive paces of growth. Moreover, Algeria emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, the United Arab Emirates (X%) and Iran (X%) illustrated a downward trend over the same period. Turkey (X p.p.) and Algeria (X p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates and Iran saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported aromatic polyamines and their derivatives, salts thereof in MENA, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Israel, with a X% share.

In Turkey, aromatic polyamines imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Israel (X% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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