Middle East: Chalk Market 2022

Chalk Market Size in the Middle East

In 2021, after three years of growth, there was significant decline in the Middle Eastern chalk market, when its value decreased by -20.4% to $X. The total consumption indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020, and then dropped remarkably in the following year.

Chalk Production in the Middle East

In value terms, chalk production dropped remarkably to $X in 2021 estimated in export price. The total production indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by 23% against the previous year. The level of production peaked at $X in 2020, and then dropped notably in the following year.

Chalk Exports

Exports in the Middle East

In 2021, overseas shipments of chalks increased by 47% to X tons, rising for the second year in a row after two years of decline. In general, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 75% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, chalk exports soared to $X in 2021. Over the period under review, exports saw strong growth. The growth pace was the most rapid in 2013 when exports increased by 57% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Saudi Arabia prevails in exports structure, reaching X tons, which was near 78% of total exports in 2021. Iran (X tons) ranks second in terms of the total exports with a 9.1% share, followed by Syrian Arab Republic (7.2%) and Turkey (5.4%).

Saudi Arabia was also the fastest-growing in terms of the chalks exports, with a CAGR of +59.4% from 2012 to 2021. At the same time, Turkey (+16.2%) displayed positive paces of growth. Iran experienced a relatively flat trend pattern. By contrast, Syrian Arab Republic (-4.7%) illustrated a downward trend over the same period. Saudi Arabia (+72 p.p.) significantly strengthened its position in terms of the total exports, while Iran and Syrian Arab Republic saw its share reduced by -27.9% and -42.2% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) remains the largest chalk supplier in the Middle East, comprising 74% of total exports. The second position in the ranking was held by Iran ($X), with a 13% share of total exports. It was followed by Syrian Arab Republic, with a 5.9% share.

From 2012 to 2021, the average annual growth rate of value in Saudi Arabia stood at +43.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Iran (-4.0% per year) and Syrian Arab Republic (-7.6% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2021, waning by -17% against the previous year. In general, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2014 when the export price increased by 4.2%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Iran ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (-3.0%), while the other leaders experienced a decline in the export price figures.

Chalk Imports

Imports in the Middle East

In 2021, approx. X tons of chalks were imported in the Middle East; with an increase of 12% compared with the previous year. Total imports indicated perceptible growth from 2012 to 2021: its volume increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -3.0% against 2019 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 32%. The volume of import peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, chalk imports declined to $X in 2021. Overall, imports enjoyed a temperate increase. The pace of growth was the most pronounced in 2018 with an increase of 110% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the three major importers of chalks, namely Kuwait, Bahrain and Lebanon, represented more than two-thirds of total import. It was distantly followed by Israel (X tons), constituting a 5.2% share of total imports. Syrian Arab Republic (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Kuwait (with a CAGR of +40.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Kuwait ($X), Bahrain ($X) and Lebanon ($X) constituted the countries with the highest levels of imports in 2021, with a combined 70% share of total imports.

In terms of the main importing countries, Bahrain, with a CAGR of +36.8%, 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 mixed trends in the imports figures.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2021, which is down by -17.5% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 59%. Over the period under review, import prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Israel ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+0.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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