Middle East: Medical Gel Preparations Market 2024

Medical Gel Preparations Market Size in the Middle East

The Middle Eastern medical gel preparations market amounted to $X in 2022, therefore, remained relatively stable against the previous year. Over the period under review, consumption continues to indicate strong growth. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Medical Gel Preparations Production in the Middle East

In value terms, medical gel preparations production totaled $X in 2022 estimated in export price. In general, production recorded a significant expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Medical Gel Preparations Exports

Exports in the Middle East

In 2022, exports of gel preparations for human or veterinary medicine in the Middle East dropped modestly to X tons, waning by X% on the previous year's figure. In general, exports, however, showed strong growth. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then reduced slightly in the following year.

In value terms, medical gel preparations exports shrank to $X in 2022. Overall, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Turkey dominates exports structure, finishing at X tons, which was approx. X% of total exports in 2022. The following exporters - Israel (X tons) and the United Arab Emirates (X tons) - each reached a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to medical gel preparations exports from Turkey stood at X%. At the same time, Israel (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. While the share of Turkey (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United Arab Emirates (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest medical gel preparations supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports.

In Turkey, medical gel preparations 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 Israel (X% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, which is down by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2016 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 the United Arab Emirates ($X per ton), while Turkey ($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 mixed trends in the export price figures.

Medical Gel Preparations Imports

Imports in the Middle East

Medical gel preparations imports shrank to X tons in 2022, with a decrease of X% compared with 2021 figures. Total imports indicated a measured increase from 2012 to 2022: its volume 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, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, medical gel preparations imports shrank dramatically to $X in 2022. Over the period under review, imports, however, posted a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then contracted significantly in the following year.

Imports by Country

Iraq (X tons), the United Arab Emirates (X tons) and Saudi Arabia (X tons) represented roughly X% of total imports in 2022. Israel (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Syrian Arab Republic (X%), Kuwait (X%) and Lebanon (X%). Jordan (X tons) followed a long way behind the leaders.

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

In value terms, the largest medical gel preparations importing markets in the Middle East were Saudi Arabia ($X), the United Arab Emirates ($X) and Israel ($X), with a combined X% share of total imports. Jordan, Iraq, Kuwait, Syrian Arab Republic and Lebanon lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Kuwait, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, dropping by X% against the previous year. Import price indicated a perceptible increase 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, medical gel preparations import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. As a result, import price reached the peak level of $X per ton, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while Lebanon ($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.

Source: IndexBox Platform

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