Report Saudi Arabia - Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Saudi Arabia - Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Alcohols Market 2024

Alcohols Market Size in Saudi Arabia

In 2020, the Saudi alcohols market decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption, however, continues to indicate a perceptible shrinkage. Alcohols consumption peaked at $X in 2012; however, from 2013 to 2020, consumption failed to regain momentum.

Alcohols Production in Saudi Arabia

In value terms, alcohols production skyrocketed to $X in 2020 estimated in export price. In general, production, however, recorded a mild decline. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2020, production failed to regain momentum.

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Alcohols Exports

Exports from Saudi Arabia

Alcohols exports from Saudi Arabia surged to X tons in 2020, increasing by X% against 2019 figures. Over the period under review, total exports indicated a slight increase from 2012 to 2020: its volume increased at an average annual rate of X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2015 with an increase of X%. The exports peaked in 2020 and are expected to retain growth in the near future.

In value terms, alcohols exports rose remarkably to $X in 2020. Overall, exports, however, saw a perceptible descent. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

Vietnam (X tons) was the main destination for alcohols exports from Saudi Arabia, with a approx. X% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to Vietnam totaled X%.

In value terms, Vietnam ($X) emerged as the key foreign market for alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives exports from Saudi Arabia.

From 2012 to 2020, the average annual rate of growth in terms of value to Vietnam amounted to X%.

Export Prices by Country

In 2020, the average alcohols export price amounted to $X per ton, shrinking by X% against the previous year. In general, the export price recorded a pronounced reduction. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2020, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Vietnam.

From 2012 to 2020, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Alcohols Imports

Imports into Saudi Arabia

In 2020, the amount of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives imported into Saudi Arabia dropped rapidly to X tons, waning by X% against the previous year. Overall, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at X tons in 2014; however, from 2015 to 2020, imports failed to regain momentum.

In value terms, alcohols imports reduced markedly to $X in 2020. In general, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

Indonesia (X tons), China (X tons) and Malaysia (X tons) were the main suppliers of alcohols imports to Saudi Arabia, together accounting for X% of total imports.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, the largest alcohols suppliers to Saudi Arabia were China ($X), Germany ($X) and the United States ($X), together accounting for X% of total imports. Indonesia, South Korea, South Africa, Malaysia, India and the Netherlands lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Indonesia, 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 a decline.

Import Prices by Country

The average alcohols import price stood at $X per ton in 2020, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2020, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest alcohols consuming country worldwide, comprising approx. 30% of total volume. Moreover, alcohols consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was held by India, with an 8.3% share.
The countries with the highest volumes of production in 2020 were Saudi Arabia, the United States and Trinidad and Tobago, with a combined 36% share of global production. Iran, Russia, Oman, India, Germany, Canada, Malaysia, Venezuela, Egypt and Indonesia lagged somewhat behind, together comprising a further 38%.
In value terms, China, Germany and the United States were the largest alcohols suppliers to Saudi Arabia, together accounting for 45% of total imports. Indonesia, South Korea, South Africa, Malaysia, India and the Netherlands lagged somewhat behind, together accounting for a further 43%.
In value terms, Vietnam emerged as the key foreign market for alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives exports from Saudi Arabia.
The average alcohols export price stood at $402 per ton in 2020, shrinking by -10.3% against the previous year.
The average alcohols import price stood at $1,443 per ton in 2020, surging by 4% against the previous year.

This report provides an in-depth analysis of the alcohols market in Saudi Arabia. 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 20142210 - Methanol (methyl alcohol)
  • Prodcom 20142220 - Propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol)
  • Prodcom 20142230 - Butan-1-ol (n-butyl alcohol)
  • Prodcom 20142240 - Butanols (excluding butan-1-ol (n-butyl alcohol))
  • Prodcom 20142263 - Octanol (octyl alcohol) and isomers thereof
  • Prodcom 20142265 - Lauryl alcohol, cetyl alcohol, stearyl alcohol and other saturated monohydric alcohols (excluding methyl, propyl and isopropyl, n-butyl, other butanols, octyl)
  • Prodcom 20142270 - Unsaturated monohydric alcohols
  • Prodcom 20142310 - Ethylene glycol (ethanediol)
  • Prodcom 20142320 - Propylene glycol (propane-1,2-diol)
  • Prodcom 20142333 - D-glucitol (sorbitol)
  • Prodcom 20142339 - Diols and polyhydric alcohols (excluding ethylene glycol and propylene glycol, D-glucitol)
  • Prodcom 20142350 - Halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols
  • Prodcom 20142360 - Glycerol (including synthetic, excluding crude, waters and lyes)
  • Prodcom 20142373 - Cyclanic, cyclenic or cycloterpenic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives
  • Prodcom 20142375 - Aromatic alcohols and their halogenated, sulphonated, n itrated or nitrosated derivatives

Country coverage:

  • Saudi Arabia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Saudi Arabia
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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