MENA: Cadmium Market 2024

Cadmium Market Size in MENA

The MENA's cadmium market was finally on the rise to reach $X in 2022, after two years of decline. Overall, consumption recorded a noticeable shrinkage. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Cadmium Production in MENA

In value terms, cadmium production declined modestly to $X in 2022 estimated in export price. In general, production recorded a perceptible reduction. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Cadmium Exports

Exports in MENA

In 2022, the amount of cadmium and articles thereof exported in MENA dropped rapidly to X tons, waning by X% compared with 2021 figures. Overall, exports, however, saw a buoyant expansion. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The volume of export peaked at X tons in 2021, and then contracted sharply in the following year.

In value terms, cadmium exports declined to $X in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. The level of export peaked at $X in 2021, and then shrank in the following year.

Exports by Country

Iran dominates exports structure, reaching X tons, which was approx. X% of total exports in 2022. It was distantly followed by Israel (X tons), committing a X% share of total exports. The United Arab Emirates (X tons) followed a long way behind the leaders.

Iran was also the fastest-growing in terms of the cadmium and articles thereof exports, with a CAGR of X% from 2012 to 2022. Israel (X%) and the United Arab Emirates (X%) illustrated a downward trend over the same period. While the share of Iran (X p.p.) and the United Arab Emirates (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Israel (X p.p.) displayed negative dynamics.

In value terms, Iran ($X) remains the largest cadmium supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Israel ($X), with an X% share of total exports.

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

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price posted a perceptible increase. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2015; however, from 2016 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 the United Arab Emirates ($X per ton), while Iran ($X per ton) was amongst the lowest.

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

Cadmium Imports

Imports in MENA

In 2022, approx. X tons of cadmium and articles thereof were imported in MENA; reducing by X% on 2021 figures. Overall, imports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, cadmium imports plummeted to $X in 2022. Over the period under review, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021, and then reduced sharply in the following year.

Imports by Country

Israel dominates imports structure, reaching X tons, which was approx. X% of total imports in 2022. It was distantly followed by Turkey (X tons), mixing up a X% share of total imports. The United Arab Emirates (X tons) held a little share of total imports.

Israel was also the fastest-growing in terms of the cadmium and articles thereof imports, with a CAGR of X% from 2012 to 2022. Turkey experienced a relatively flat trend pattern. the United Arab Emirates (X%) illustrated a downward trend over the same period. Israel (X p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates and Turkey saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Israel ($X) constitutes the largest market for imported cadmium and articles thereof in MENA, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with an X% share of total imports.

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

Import Prices by Country

In 2022, the import price in MENA amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Israel ($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 import price figures.

Source: IndexBox Platform

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