Middle East: Silicon Dioxide Market 2024

Silicon Dioxide Market Size in the Middle East

The Middle Eastern silicon dioxide market reduced to $X in 2022, which is down by X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Silicon Dioxide Production in the Middle East

In value terms, silicon dioxide production shrank slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Silicon Dioxide Exports

Exports in the Middle East

In 2022, overseas shipments of silicon dioxide increased by X% to X tons, rising for the second consecutive year after three years of decline. Total exports indicated a perceptible expansion 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, silicon dioxide exports surged to $X in 2022. In general, exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2021 when exports increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports by Country

Turkey was the largest exporter of silicon dioxide in the Middle East, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by the United Arab Emirates (X tons), making up a X% share of total exports. The following exporters - Saudi Arabia (X tons) and Iran (X tons) - each recorded a X% share of total exports.

Turkey was also the fastest-growing in terms of the silicon dioxide exports, with a CAGR of X% from 2012 to 2022. The United Arab Emirates experienced a relatively flat trend pattern. Saudi Arabia (X%) and Iran (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Saudi Arabia (X p.p.), Iran (X p.p.) and the United Arab Emirates (X p.p.) displayed negative dynamics.

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

In Turkey, silicon dioxide exports expanded 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

In 2022, the export price in the Middle East amounted to $X per ton, picking up by X% against the previous year. Export price indicated a moderate 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, silicon dioxide export price increased by X% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Iran ($X per ton), while Saudi Arabia ($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 more modest paces of growth.

Silicon Dioxide Imports

Imports in the Middle East

In 2022, the amount of silicon dioxide imported in the Middle East reached X tons, almost unchanged from 2021. Overall, imports showed strong growth. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, silicon dioxide imports contracted to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates was the major importing country with an import of around X tons, which recorded X% of total imports. Turkey (X tons) held the second position in the ranking, distantly followed by Kuwait (X tons). All these countries together took approx. X% share of total imports. Oman (X tons), Qatar (X tons), Israel (X tons) and Iran (X tons) took a minor share of total imports.

The United Arab Emirates was also the fastest-growing in terms of the silicon dioxide imports, with a CAGR of X% from 2012 to 2022. At the same time, Kuwait (X%) and Turkey (X%) displayed positive paces of growth. By contrast, Iran (X%), Israel (X%), Oman (X%) and Qatar (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates and Kuwait increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest silicon dioxide importing markets in the Middle East were Turkey ($X), the United Arab Emirates ($X) and Iran ($X), together comprising X% of total imports.

The United Arab Emirates, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, waning by X% against the previous year. Overall, the import price showed a noticeable descent. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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