MENA: Medical Gel Preparations Market 2024

Medical Gel Preparations Market Size in MENA

The MENA's medical gel preparations market stood at $X in 2022, flattening at the previous year. In general, consumption recorded buoyant growth. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Medical Gel Preparations Production in MENA

In value terms, medical gel preparations production rose slightly to $X in 2022 estimated in export price. In general, production enjoyed a resilient increase. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Medical Gel Preparations Exports

Exports in MENA

In 2022, after ten years of growth, there was decline in shipments abroad of gel preparations for human or veterinary medicine, when their volume decreased by X% to X tons. Overall, exports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then declined modestly in the following year.

In value terms, medical gel preparations exports reduced to $X in 2022. In general, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Turkey dominates exports structure, accounting for X tons, which was approx. X% of total exports in 2022. The following exporters - Israel (X tons) and the United Arab Emirates (X tons) - each resulted at a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to medical gel preparations exports from Turkey stood at X%. At the same time, Israel (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. Turkey (X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest medical gel preparations supplier in MENA, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Turkey totaled X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Israel (X% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price recorded a pronounced reduction. The growth pace was the most rapid in 2015 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 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 the United Arab Emirates ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced mixed trends in the export price figures.

Medical Gel Preparations Imports

Imports in MENA

In 2022, medical gel preparations imports in MENA reduced modestly to X tons, waning by X% compared with 2021 figures. Total imports indicated a resilient increase 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, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2021, and then reduced slightly in the following year.

In value terms, medical gel preparations imports fell to $X in 2022. Total imports indicated a buoyant 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2013 when imports increased by X%. The level of import peaked at $X in 2021, and then dropped in the following year.

Imports by Country

Egypt was the major importer of gel preparations for human or veterinary medicine in MENA, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2022. Algeria (X tons) ranks second in terms of the total imports with a X% share, followed by Iraq (X%), the United Arab Emirates (X%), Saudi Arabia (X%) and Morocco (X%). Israel (X tons), Libya (X tons), Syrian Arab Republic (X tons), Kuwait (X tons), Lebanon (X tons), Jordan (X tons) and Oman (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to medical gel preparations imports into Egypt stood at X%. At the same time, Jordan (X%), Iraq (X%), Algeria (X%), Kuwait (X%), Libya (X%), Syrian Arab Republic (X%), the United Arab Emirates (X%), Israel (X%) and Lebanon (X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. Saudi Arabia experienced a relatively flat trend pattern. By contrast, Morocco (X%) and Oman (X%) illustrated a downward trend over the same period. While the share of Egypt (X p.p.), Algeria (X p.p.), Iraq (X p.p.) and Kuwait (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Lebanon (X p.p.), Oman (X p.p.), Morocco (X p.p.) and Saudi Arabia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X), Egypt ($X) and the United Arab Emirates ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Morocco, Israel, Algeria, Jordan, Iraq, Kuwait, Oman, Syrian Arab Republic, Libya and Lebanon lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Kuwait, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in MENA amounted to $X per ton, dropping by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2016; however, from 2017 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 Saudi Arabia ($X per ton), while Lebanon ($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 more modest paces of growth.

Source: IndexBox Platform

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