Middle East: Hydrogen Peroxide Market 2024

Hydrogen Peroxide Market Size in the Middle East

The Middle Eastern hydrogen peroxide market totaled $X in 2022, rising by X% against the previous year. The total consumption indicated resilient growth from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Hydrogen Peroxide Production in the Middle East

In value terms, hydrogen peroxide production reached $X in 2022 estimated in export price. The total production indicated a strong expansion from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Hydrogen Peroxide Exports

Exports in the Middle East

In 2022, shipments abroad of hydrogen peroxide increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. 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, hydrogen peroxide exports skyrocketed to $X in 2022. In general, exports, however, saw a abrupt curtailment. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey represented the major exporter of hydrogen peroxide in the Middle East, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. It was distantly followed by Israel (X tons), comprising an X% share of total exports.

Turkey was also the fastest-growing in terms of the hydrogen peroxide exports, with a CAGR of X% from 2012 to 2022. Israel experienced a relatively flat trend pattern. From 2012 to 2022, the share of Turkey and Israel increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest hydrogen peroxide supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Israel ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey totaled X%.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, surging by X% against the previous year. Export price indicated a perceptible expansion 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. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per ton), while Turkey amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (X%).

Hydrogen Peroxide Imports

Imports in the Middle East

For the fourth year in a row, the Middle East recorded growth in purchases abroad of hydrogen peroxide, which increased by X% to X tons in 2022. In general, imports enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, hydrogen peroxide imports surged to $X in 2022. Overall, imports showed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey (X tons) and Israel (X tons) dominates imports structure, together comprising X% of total imports. It was distantly followed by the United Arab Emirates (X tons), committing a X% share of total imports. Iran (X tons) took a relatively small share of total imports.

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

In value terms, the largest hydrogen peroxide importing markets in the Middle East were Israel ($X), Turkey ($X) and Iran ($X), with a combined X% share of total imports.

Among the main importing countries, Turkey, with a CAGR of X%, recorded 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, rising by X% against the previous year. Import price indicated a slight 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. The level of import peaked at $X per ton in 2013; however, from 2014 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 Israel ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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