MENA: Agglomerated Dolomite Market 2024

Agglomerated Dolomite Market Size in MENA

In 2022, after two years of decline, there was growth in the MENA's agglomerated dolomite market, when its value increased by 1.2% to $X. Overall, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Agglomerated Dolomite Production in MENA

In value terms, agglomerated dolomite production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when the production volume increased by 15% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Agglomerated Dolomite Exports

Exports in MENA

After two years of growth, overseas shipments of agglomerated dolomite decreased by -14.4% to X tons in 2022. In general, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2016 when exports increased by 410%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, agglomerated dolomite exports reduced dramatically to $X in 2022. Over the period under review, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2016 when exports increased by 67% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates represented the major exporting country with an export of about X tons, which amounted to 84% of total exports. It was distantly followed by Iran (X tons), constituting a 15% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the agglomerated dolomite exports, with a CAGR of +42.8% from 2012 to 2022. At the same time, Iran (+26.4%) displayed positive paces of growth. The United Arab Emirates (+82 p.p.) and Iran (+14 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest agglomerated dolomite supplier in MENA, comprising 75% of total exports. The second position in the ranking was held by Iran ($X), with a 17% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates totaled +18.8%.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, dropping by -2.3% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 152%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (-6.8%).

Agglomerated Dolomite Imports

Imports in MENA

In 2022, after two years of growth, there was significant decline in supplies from abroad of agglomerated dolomite, when their volume decreased by -8.9% to X tons. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2014 with an increase of 517% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, agglomerated dolomite imports dropped to $X in 2022. Overall, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2014 when imports increased by 776%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Kuwait was the key importing country with an import of about X tons, which amounted to 53% of total imports. Oman (X tons) took the second position in the ranking, distantly followed by Egypt (X tons). All these countries together held near 38% share of total imports. The following importers - Turkey (X tons) and Tunisia (X tons) - together made up 5.2% of total imports.

From 2012 to 2022, the biggest increases were recorded for Kuwait (with a CAGR of +35.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest agglomerated dolomite importing markets in MENA were Kuwait ($X), Egypt ($X) and Oman ($X), with a combined 82% share of total imports.

Among the main importing countries, Kuwait, with a CAGR of +34.6%, saw 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, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, enjoyed mild growth. The most prominent rate of growth was recorded in 2018 when the import price increased by 188% against the previous year. The level of import peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 Egypt ($X per ton), while Oman ($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 (+8.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :