Middle East: Sulphur Trioxide Market 2020

Sulphur Trioxide Market Size in Middle East

The revenue of the sulphur trioxide market in Middle East amounted to $X in 2017, picking up by X% against the previous year. The total market indicated a strong growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the sulphur trioxide consumption increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2009, when market value increased by X% against the previous year. Over the period under review, the sulphur trioxide market reached its peak figure level in 2017, and is expected to retain its growth in the immediate term.

Sulphur Trioxide Production in Middle East

In 2017, approx. X cubic meters of sulphur trioxide (sulphuric anhydride) were produced in Middle East; growing by X% against the previous year. The total output indicated a remarkable expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the sulphur trioxide production increased by +X% against 2013 indices. The growth pace was the most rapid in 2017, when the output figure increased by X% against the previous year. In that year, the sulphur trioxide production attained their peak volume, and is likely to continue its growth in the immediate term.

Sulphur Trioxide Exports in Middle East

The exports amounted to X cubic meters in 2017, picking up by X% against the previous year. The sulphur trioxide exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2012, when exports increased by X% y-o-y. The volume of exports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, sulphur trioxide exports stood at $X in 2017. The sulphur trioxide exports continue to indicate a prominent expansion. In that year, the sulphur trioxide exports attained their peak level of $X. From 2015 to 2017, growth of the sulphur trioxide exports failed to regain its momentum.

Sulphur Trioxide Exports by Country in Middle East

The United Arab Emirates was the main exporter of sulphur trioxide (sulphuric anhydride) in Middle East, with the volume of exports accounting for X cubic meters, which was approx. X% of total exports in 2017. It was distantly followed by Turkey (X cubic meters) and Saudi Arabia (X cubic meters), together achieving X% share of total exports. Jordan (X cubic meters) occupied the minor share of total exports.

The United Arab Emirates was also the fastest growing in terms of the sulphur trioxide (sulphuric anhydride) exports, with a CAGR of +X% from 2007 to 2017. At the same time, Turkey (+X%) displayed positive paces of growth. Saudi Arabia experienced a relatively flat trend pattern. By contrast, Jordan (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Jordan increased by X% percentage points, while Turkey (-X%) and the United Arab Emirates (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest sulphur trioxide supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of global exports. It was followed by Saudi Arabia, with a X% share.

In the United Arab Emirates, sulphur trioxide exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Turkey (+X% per year) and Saudi Arabia (+X% per year).

Sulphur Trioxide Export Prices by Country in Middle East

The sulphur trioxide export price in Middle East stood at $X per thousand cubic meters in 2017, growing by X% against the previous year. The sulphur trioxide export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, an increase of X% against the previous year. In that year, the export prices for sulphur trioxide (sulphuric anhydride) reached their peak level of $X per thousand cubic meters. From 2015 to 2017, growth of the export prices for sulphur trioxide (sulphuric anhydride) failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Turkey ($X per thousand cubic meters), while Jordan ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year), while the other leaders experienced more modest paces of growth.

Sulphur Trioxide Imports in Middle East

In 2017, approx. X cubic meters of sulphur trioxide (sulphuric anhydride) were imported in Middle East; jumping by X% against the previous year. The sulphur trioxide imports continue to indicate a drastic descent. The most prominent rate of growth was recorded in 2016, when imports increased by X% y-o-y. The volume of imports peaked of X cubic meters in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, sulphur trioxide imports totaled $X in 2017. The sulphur trioxide imports continue to indicate an abrupt downturn. The level of imports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Sulphur Trioxide Imports by Country in Middle East

In 2017, Turkey (X cubic meters) and Saudi Arabia (X cubic meters) were the largest importers of sulphur trioxide (sulphuric anhydride) in the globe, together resulting at near X% of total imports. The United Arab Emirates (X cubic meters) ranks second in terms of the global imports with a X% share, followed by Israel (X%). The following importers - Lebanon (X cubic meters), Jordan (X cubic meters) and Qatar (X cubic meters) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Israel ($X), Turkey ($X) and Saudi Arabia ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by the United Arab Emirates, Lebanon, Jordan and Qatar, which together accounted for a further X%.

In terms of the main importing countries , Lebanon (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Sulphur Trioxide Import Prices by Country in Middle East

The sulphur trioxide import price in Middle East stood at $X per thousand cubic meters in 2017, lowering by -X% against the previous year. The import price indicated a modest increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the sulphur trioxide import price decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2013, when it surged by X% y-o-y. Over the period under review, the import prices for sulphur trioxide (sulphuric anhydride) reached its peak figure level of $X per thousand cubic meters in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Israel ($X per cubic meter), while Saudi Arabia ($X per thousand cubic meters) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Israel (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform