Middle East: Market for Double Or Complex Silicates 2024

Market Size for Double Or Complex Silicates in the Middle East

The Middle Eastern double or complex silicates market totaled $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, recorded a perceptible curtailment. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Double Or Complex Silicates in the Middle East

In value terms, double or complex silicates production expanded modestly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Exports of Double Or Complex Silicates

Exports in the Middle East

In 2022, after three years of growth, there was significant decline in shipments abroad of double or complex silicates, when their volume decreased by X% to X tons. Over the period under review, exports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports reached the peak of X tons, and then reduced sharply in the following year.

In value terms, double or complex silicates exports reached $X in 2022. Overall, exports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

Turkey dominates exports structure, accounting for X tons, which was near X% of total exports in 2022. The United Arab Emirates (X tons), Iran (X tons) and Kuwait (X tons) held a minor share of total exports.

Exports from Turkey increased at an average annual rate of X% from 2012 to 2022. At the same time, Kuwait (X%), the United Arab Emirates (X%) and Iran (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Kuwait increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest double or complex silicates supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Iran, with a X% share.

In Turkey, double or complex silicates exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Iran (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

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

Imports of Double Or Complex Silicates

Imports in the Middle East

After two years of growth, overseas purchases of double or complex silicates decreased by X% to X tons in 2022. Overall, imports continue to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, double or complex silicates imports shrank sharply to $X in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey was the key importer of double or complex silicates in the Middle East, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. Israel (X tons) took the second position in the ranking, distantly followed by the United Arab Emirates (X tons), Kuwait (X tons) and Iran (X tons). All these countries together held approx. X% share of total imports. The following importers - Qatar (X tons) and Yemen (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Israel (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constitutes the largest market for imported double or complex silicates in the Middle East, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Israel, with an X% share.

In Turkey, double or complex silicates imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Israel (X% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, declining by X% against the previous year. In general, the import price saw a abrupt downturn. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, 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 Yemen (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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