Middle East: Colour Lake Market 2024

Colour Lake Market Size in the Middle East

The Middle Eastern colour lake market stood at $X in 2022, surging by X% against the previous year. Overall, consumption recorded prominent growth. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Colour Lake Production in the Middle East

In value terms, colour lake production totaled $X in 2022 estimated in export price. In general, production saw prominent growth. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Colour Lake Exports

Exports in the Middle East

In 2022, approx. X tons of colour lakes, preparations based on colour lakes were exported in the Middle East; which is down by X% against the previous year. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, colour lake exports dropped sharply to $X in 2022. In general, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2013 with an increase of X%. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Turkey (X tons) represented the key exporter of colour lakes, preparations based on colour lakes, creating X% of total exports. The United Arab Emirates (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Palestine (X%). The following exporters - Bahrain (X tons) and Saudi Arabia (X tons) - each finished at an X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Palestine (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Palestine ($X) and the United Arab Emirates ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Saudi Arabia and Bahrain lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Bahrain, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price recorded a noticeable decline. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, the export prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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

Colour Lake Imports

Imports in the Middle East

Colour lake imports surged to X tons in 2022, growing by X% on the previous year. In general, imports, however, faced a abrupt slump. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, colour lake imports surged to $X in 2022. Overall, imports, however, saw a noticeable decrease. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Turkey (X tons) and Kuwait (X tons) represented roughly X% of total imports in 2022. The United Arab Emirates (X tons) held the next position in the ranking, followed by Israel (X tons), Iran (X tons) and Palestine (X tons). All these countries together held approx. X% share of total imports. The following importers - Iraq (X tons) and Syrian Arab Republic (X tons) - together made up X% of total imports.

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

In value terms, Turkey ($X) constitutes the largest market for imported colour lakes, preparations based on colour lakes in the Middle East, comprising X% of total imports. The second position in the ranking was held by Iran ($X), with an X% share of total imports. It was followed by Israel, with a X% share.

In Turkey, colour lake 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 Israel (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2015 an increase of X%. The level of import peaked at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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