MENA: Market for Benzoyl Peroxide And Benzoyl Chloride 2024

Market Size for Benzoyl Peroxide And Benzoyl Chloride in MENA

The MENA's benzoyl peroxide and chloride market skyrocketed to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption continues to indicate a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Benzoyl Peroxide And Benzoyl Chloride in MENA

In value terms, benzoyl peroxide and chloride production shrank slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Benzoyl Peroxide And Benzoyl Chloride

Exports in MENA

In 2022, shipments abroad of benzoyl peroxide and benzoyl chloride increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports showed a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, benzoyl peroxide and chloride exports surged to $X in 2022. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

Turkey dominates exports structure, amounting to X tons, which was near X% of total exports in 2022. The United Arab Emirates (X tons) held a little share of total exports.

Turkey was also the fastest-growing in terms of the benzoyl peroxide and benzoyl chloride exports, with a CAGR of X% from 2012 to 2022. The United Arab Emirates experienced a relatively flat trend pattern. From 2012 to 2022, the share of Turkey increased by X percentage points.

In value terms, Turkey ($X) remains the largest benzoyl peroxide and chloride supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports.

In Turkey, benzoyl peroxide and chloride exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, picking up by X% against the previous year. Export price indicated a pronounced expansion from 2012 to 2022: its price 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, benzoyl peroxide and chloride export price increased by X% against 2017 indices. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Turkey totaled $X per ton.

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

Imports of Benzoyl Peroxide And Benzoyl Chloride

Imports in MENA

Benzoyl peroxide and chloride imports surged to X tons in 2022, picking up by X% on 2021 figures. Overall, imports enjoyed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, benzoyl peroxide and chloride imports soared to $X in 2022. Over the period under review, imports saw prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey prevails in imports structure, finishing at X tons, which was near X% of total imports in 2022. Iran (X tons) held the second position in the ranking, followed by Egypt (X tons). All these countries together held approx. X% share of total imports. The following importers - Israel (X tons) and Morocco (X tons) - each accounted for a X% share of total imports.

Turkey was also the fastest-growing in terms of the benzoyl peroxide and benzoyl chloride imports, with a CAGR of X% from 2012 to 2022. At the same time, Egypt (X%), Iran (X%), Morocco (X%) and Israel (X%) displayed positive paces of growth. From 2012 to 2022, the share of Turkey increased by X percentage points.

In value terms, Turkey ($X) constitutes the largest market for imported benzoyl peroxide and benzoyl chloride in MENA, comprising X% of total imports. The second position in the ranking was held by Egypt ($X), with a X% share of total imports. It was followed by Iran, with a X% share.

In Turkey, benzoyl peroxide and chloride 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: Egypt (X% per year) and Iran (X% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, surging by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Morocco ($X per ton), while Turkey ($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 more modest paces of growth.

Source: IndexBox Platform

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