Report Middle East - Hydrogen Chloride (Hydrochloric Acid) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jun 1, 2023

Middle East - Hydrogen Chloride (Hydrochloric Acid) - Market Analysis, Forecast, Size, Trends and Insights

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Middle East: Hydrogen Chloride Market 2023

Hydrogen Chloride Market Size in the Middle East

In 2021, the Middle Eastern hydrogen chloride market decreased by -0.4% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 4.9% against the previous year. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Hydrogen Chloride Production in the Middle East

In value terms, hydrogen chloride production totaled $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 6.9%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Hydrogen Chloride Exports

Exports in the Middle East

In 2021, the amount of hydrogen chloride (hydrochloric acid) exported in the Middle East skyrocketed to X tons, growing by 51% on the year before. Over the period under review, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hydrogen chloride exports surged to $X in 2021. In general, exports posted a slight increase. The most prominent rate of growth was recorded in 2019 when exports increased by 68% against the previous year. The level of export peaked in 2021 and is likely to see steady growth in the near future.

Exports by Country

Saudi Arabia was the largest exporter of hydrogen chloride (hydrochloric acid) in the Middle East, with the volume of exports amounting to X tons, which was near 53% of total exports in 2021. The United Arab Emirates (X tons) held a 22% share (based on physical terms) of total exports, which put it in second place, followed by Kuwait (11%) and Iran (5.3%). Jordan (X tons) and Turkey (X tons) took a minor share of total exports.

Exports from Saudi Arabia increased at an average annual rate of +1.9% from 2012 to 2021. At the same time, the United Arab Emirates (+44.4%), Iran (+22.7%) and Turkey (+3.0%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +44.4% from 2012-2021. By contrast, Kuwait (-6.7%) and Jordan (-14.2%) illustrated a downward trend over the same period. The United Arab Emirates (+21 p.p.), Saudi Arabia (+5.4 p.p.) and Iran (+4.4 p.p.) significantly strengthened its position in terms of the total exports, while Kuwait and Jordan saw its share reduced by -11% and -14.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) remains the largest hydrogen chloride supplier in the Middle East, comprising 67% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 7.7% share of total exports. It was followed by Iran, with a 6% share.

In Saudi Arabia, hydrogen chloride exports expanded at an average annual rate of +7.7% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (+19.2% per year) and Iran (+15.2% per year).

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per ton, approximately mirroring the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 28%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, 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 Turkey ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+5.7%), while the other leaders experienced a decline in the export price figures.

Hydrogen Chloride Imports

Imports in the Middle East

After two years of decline, overseas purchases of hydrogen chloride (hydrochloric acid) increased by 8.3% to X tons in 2021. Over the period under review, imports, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2017 with an increase of 61%. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, hydrogen chloride imports reached $X in 2021. Overall, imports, however, showed a noticeable reduction. The pace of growth appeared the most rapid in 2019 when imports increased by 35%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Kuwait represented the largest importing country with an import of around X tons, which recorded 59% of total imports. It was distantly followed by Syrian Arab Republic (X tons), Jordan (X tons), Israel (X tons) and Oman (X tons), together committing a 33% share of total imports. The following importers - Turkey (X tons) and Lebanon (X tons) - each accounted for a 4.5% share of total imports.

Kuwait was also the fastest-growing in terms of the hydrogen chloride (hydrochloric acid) imports, with a CAGR of +28.9% from 2012 to 2021. At the same time, Oman (+13.9%), Jordan (+6.6%), Lebanon (+6.4%), Syrian Arab Republic (+4.7%) and Israel (+4.1%) displayed positive paces of growth. By contrast, Turkey (-8.5%) illustrated a downward trend over the same period. Kuwait (+55 p.p.), Syrian Arab Republic (+7 p.p.), Jordan (+6.1 p.p.), Oman (+4.8 p.p.) and Israel (+3.6 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kuwait ($X) constitutes the largest market for imported hydrogen chloride (hydrochloric acid) in the Middle East, comprising 51% of total imports. The second position in the ranking was held by Israel ($X), with an 11% share of total imports. It was followed by Oman, with an 8.3% share.

In Kuwait, hydrogen chloride imports increased at an average annual rate of +37.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Israel (-3.8% per year) and Oman (+18.6% per year).

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per ton, reducing by -6.7% against the previous year. Import price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hydrogen chloride import price increased by +93.2% against 2018 indices. The growth pace was the most rapid in 2019 an increase of 78%. The level of import peaked at $X per ton in 2020, and then reduced in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+12.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for hydrogen chloride (hydrochloric acid) in the the Middle East?
+
The countries with the highest volumes of consumption in 2021 were Turkey, Iran and Saudi Arabia, with a combined 60% share of total consumption. Iraq, Syrian Arab Republic, Yemen and Israel lagged somewhat behind, together comprising a further 26%.
What are the largest producers of hydrogen chloride (hydrochloric acid) in the the Middle East?
+
The countries with the highest volumes of production in 2021 were Turkey, Iran and Saudi Arabia, with a combined 62% share of total production. Iraq, Syrian Arab Republic, Yemen and Israel lagged somewhat behind, together comprising a further 25%.
What are the leading suppliers of hydrogen chloride (hydrochloric acid) in the the Middle East?
+
In value terms, Saudi Arabia remains the largest hydrogen chloride supplier in the Middle East, comprising 67% of total exports. The second position in the ranking was held by the United Arab Emirates, with a 7.7% share of total exports. It was followed by Iran, with a 6% share.
What are the leading importers of hydrogen chloride (hydrochloric acid) in the the Middle East?
+
In value terms, Kuwait constitutes the largest market for imported hydrogen chloride hydrochloric acid) in the Middle East, comprising 51% of total imports. The second position in the ranking was held by Israel, with an 11% share of total imports. It was followed by Oman, with an 8.3% share.
What is the average export price for hydrogen chloride (hydrochloric acid) in the the Middle East?
+
The export price in the Middle East stood at $195 per ton in 2021, flattening at the previous year.
What is the average import price for hydrogen chloride (hydrochloric acid) in the the Middle East?
+
In 2021, the import price in the Middle East amounted to $285 per ton, dropping by -6.7% against the previous year.

This report provides an in-depth analysis of the hydrogen chloride market in the Middle East. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 20132413 - Hydrogen chloride (hydrochloric acid)
Country coverage:
• Bahrain
• Jordan
• Lebanon
• Palestine
• Syrian Arab Republic
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in the Middle East, split by region and country
• Trade (exports and imports) in the Middle East
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Bahrain
• Iran
• Iraq
• Israel
• Jordan
• Kuwait
• Lebanon
• Oman
• Palestine
• Qatar
• Saudi Arabia
• Syrian Arab Republic
• Turkey
• United Arab Emirates
• Yemen
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Volume Forecast to 2030
Figure 5:
Market Value Forecast to 2030
Figure 6:
Products: Market Size And Growth, By Type
Figure 7:
Products: Average Per Capita Consumption, By Type
Figure 8:
Products: Exports And Growth, By Type
Figure 9:
Products: Export Prices And Growth, By Type
Figure 10:
Production Volume And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2012–2022
Figure 18:
Production, In Value Terms, 2012–2022
Figure 19:
Production, By Country, 2022
Figure 20:
Production, In Physical Terms, By Country, 2012–2022
Figure 21:
Imports, In Physical Terms, 2012–2022
Figure 22:
Imports, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, By Country, 2022
Figure 24:
Imports, In Physical Terms, By Country, 2012–2022
Figure 25:
Imports, In Value Terms, By Country, 2012–2022
Figure 26:
Import Prices, By Country, 2012–2022
Figure 27:
Exports, In Physical Terms, 2012–2022
Figure 28:
Exports, In Value Terms, 2012–2022
Figure 29:
Exports, In Physical Terms, By Country, 2022
Figure 30:
Exports, In Physical Terms, By Country, 2012–2022
Figure 31:
Exports, In Value Terms, By Country, 2012–2022
Figure 32:
Export Prices, 2012–2022
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