Middle East: Market for Bromides And Bromide Oxides, Iodides And Iodide Oxides 2024

Market Size for Bromides And Bromide Oxides, Iodides And Iodide Oxides in the Middle East

In 2022, the Middle Eastern market for bromides and bromide oxides, iodides and iodide oxides increased by X% to $X, rising for the sixth consecutive year after two years of decline. Over the period under review, consumption enjoyed buoyant growth. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the immediate term.

Production of Bromides And Bromide Oxides, Iodides And Iodide Oxides in the Middle East

In value terms, bromides, iodides and oxids thereof production rose modestly to $X in 2022 estimated in export price. Over the period under review, production showed a resilient increase. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Exports in the Middle East

In 2022, the amount of bromides and bromide oxides, iodides and iodide oxides exported in the Middle East surged to X tons, rising by X% against 2021 figures. In general, exports saw a strong expansion. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, bromides, iodides and oxids thereof exports soared to $X in 2022. Over the period under review, exports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Jordan (X tons) and Israel (X tons) represented roughly X% of total exports in 2022.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Jordan (with a CAGR of X%).

In value terms, Jordan ($X) remains the largest bromides, iodides and oxids thereof supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Israel ($X), with a X% share of total exports.

In Jordan, bromides, iodides and oxids thereof exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, growing by X% against the previous year. Export price indicated a tangible 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, bromides, iodides and oxids thereof export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, the export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Jordan ($X per ton), while Israel totaled $X per ton.

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

Imports of Bromides And Bromide Oxides, Iodides And Iodide Oxides

Imports in the Middle East

In 2022, bromides, iodides and oxids thereof imports in the Middle East soared to X tons, picking up by X% compared with 2021 figures. In general, imports posted a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, bromides, iodides and oxids thereof imports surged to $X in 2022. Overall, imports recorded a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United Arab Emirates represented the main importing country with an import of around X tons, which recorded X% of total imports. Saudi Arabia (X tons) ranks second in terms of the total imports with a X% share, followed by Qatar (X%). Oman (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to bromides, iodides and oxids thereof imports into the United Arab Emirates stood at X%. At the same time, Qatar (X%) and Oman (X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. Saudi Arabia experienced a relatively flat trend pattern. The United Arab Emirates (X p.p.), Qatar (X p.p.) and Oman (X p.p.) significantly strengthened its position in terms of the total imports, while Saudi Arabia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported bromides and bromide oxides, iodides and iodide oxides in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total imports. It was followed by Qatar, with a X% share.

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

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. The level of import peaked at $X per ton in 2020; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Saudi Arabia ($X per ton) and the United Arab Emirates ($X per ton), while Oman ($X per ton) and Qatar ($X per ton) were 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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