Middle East: Alums Market 2024

Alums Market Size in the Middle East

The Middle Eastern alums market shrank remarkably to $X in 2022, dropping by X% against the previous year. In general, consumption showed a pronounced curtailment. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Alums Production in the Middle East

In value terms, alums 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; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Alums Exports

Exports in the Middle East

For the seventh consecutive year, the Middle East recorded growth in shipments abroad of alums, which increased by X% to X tons in 2022. In general, exports posted a buoyant increase. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, alums exports totaled $X in 2022. Overall, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

In 2022, Turkey (X tons) represented the major exporter of alums, generating X% of total exports. The United Arab Emirates (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Iran (X%).

From 2012 to 2022, average annual rates of growth with regard to alums exports from Turkey stood at X%. At the same time, the United Arab Emirates (X%) and Iran (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. While the share of the United Arab Emirates (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Turkey (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, shrinking by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2015 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, 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 Turkey (X%), while the other leaders experienced a decline in the export price figures.

Alums Imports

Imports in the Middle East

In 2022, the amount of alums imported in the Middle East dropped dramatically to X tons, falling by X% on the year before. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2021, and then contracted rapidly in the following year.

In value terms, alums imports contracted sharply to $X in 2022. Total imports indicated a measured 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 pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then contracted rapidly in the following year.

Imports by Country

The countries with the highest levels of alums imports in 2022 were the United Arab Emirates (X tons), Saudi Arabia (X tons) and Iraq (X tons), together accounting for X% of total import. It was distantly followed by Turkey (X tons), Yemen (X tons), Lebanon (X tons) and Syrian Arab Republic (X tons), together creating a X% share of total imports.

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

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

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Saudi Arabia (X% per year) and Lebanon (X% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, increasing by X% against the previous year. Import price indicated measured growth 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. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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