Middle East: Non-Agglomerated Metal Carbides Market 2024

Non-Agglomerated Metal Carbides Market Size in the Middle East

In 2022, the Middle Eastern non-agglomerated metal carbides market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, recorded a abrupt downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Non-Agglomerated Metal Carbides Production in the Middle East

In value terms, non-agglomerated metal carbides production amounted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Non-Agglomerated Metal Carbides Exports

Exports in the Middle East

In 2022, shipments abroad of non-agglomerated metal carbides mixed together or with metallic binders increased by X% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports showed measured growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, non-agglomerated metal carbides exports surged to $X in 2022. In general, exports showed a moderate increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

In 2022, Kuwait (X tons), Turkey (X tons), the United Arab Emirates (X tons) and Israel (X tons) represented the key exporter of non-agglomerated metal carbides mixed together or with metallic binders in the Middle East, mixing up X% of total export. Saudi Arabia (X tons) held a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Kuwait (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Kuwait ($X), Israel ($X) and Saudi Arabia ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

In terms of the main exporting countries, Kuwait, with a CAGR of X%, saw the highest growth rate of 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 an increase of X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 Saudi Arabia ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the other leaders experienced a decline in the export price figures.

Non-Agglomerated Metal Carbides Imports

Imports in the Middle East

In 2022, purchases abroad of non-agglomerated metal carbides mixed together or with metallic binders increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, non-agglomerated metal carbides imports surged to $X in 2022. In general, imports, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Israel represented the major importer of non-agglomerated metal carbides mixed together or with metallic binders in the Middle East, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. It was distantly followed by Turkey (X tons) and the United Arab Emirates (X tons), together generating a X% share of total imports. The following importers - Yemen (X tons) and Iran (X tons) - each recorded a X% share 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 Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Israel ($X), Turkey ($X) and the United Arab Emirates ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Iran and Yemen lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Iran, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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