Middle East: Chlorosulphuric Acid Market 2024

Chlorosulphuric Acid Market Size in the Middle East

The Middle Eastern chlorosulphuric acid market stood at $X in 2022, remaining stable against the previous year. Overall, consumption continues to indicate a significant increase. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Chlorosulphuric Acid Production in the Middle East

In value terms, chlorosulphuric acid production amounted 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 throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X% 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.

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Chlorosulphuric Acid Exports

Exports in the Middle East

In 2022, overseas shipments of chlorosulphuric acid increased by X% to X tons, rising for the eighth consecutive year after two years of decline. In general, exports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, chlorosulphuric acid exports amounted to $X in 2022. Overall, exports, however, continue to indicate a sharp setback. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Oman (X tons) represented the key exporter of chlorosulphuric acid in the Middle East, comprising X% of total export.

Oman was also the fastest-growing in terms of the chlorosulphuric acid exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Oman ($X) also remains the largest chlorosulphuric acid supplier in the Middle East.

In Oman, chlorosulphuric acid exports shrank by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, approximately equating the previous year. Overall, the export price showed a deep downturn. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Oman.

From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to X% per year.

Chlorosulphuric Acid Imports

Imports in the Middle East

In 2022, the amount of chlorosulphuric acid imported in the Middle East dropped notably to X tons, shrinking by X% compared with the previous year. Over the period under review, imports showed a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, chlorosulphuric acid imports shrank sharply to $X in 2022. In general, imports showed a deep contraction. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Jordan was the main importing country with an import of around X tons, which finished at X% of total imports. It was distantly followed by Iraq (X tons), Israel (X tons), the United Arab Emirates (X tons) and Turkey (X tons), together comprising a X% share of total imports. Iran (X tons) followed a long way behind the leaders.

Imports into Jordan increased at an average annual rate of X% from 2012 to 2022. At the same time, Iran (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Iraq (X%), Israel (X%) and the United Arab Emirates (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Jordan, Turkey and Iran increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Jordan ($X) constitutes the largest market for imported chlorosulphuric acid in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Iran ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

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

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price showed a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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