Saudi Arabia: Calcium Carbonate Market 2024

Calcium Carbonate Market Size in Saudi Arabia

The Saudi calcium carbonate market declined sharply to $X in 2022, falling by X% against the previous year. Over the period under review, consumption showed a abrupt setback. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Calcium Carbonate Production in Saudi Arabia

In value terms, calcium carbonate production expanded to $X in 2022 estimated in export price. In general, production enjoyed perceptible growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Calcium carbonate production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Calcium Carbonate Exports

Exports from Saudi Arabia

Calcium carbonate exports from Saudi Arabia soared to X tons in 2022, growing by X% against the previous year. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, calcium carbonate exports soared to $X in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Kuwait (X tons) was the main destination for calcium carbonate exports from Saudi Arabia, accounting for a X% share of total exports. Moreover, calcium carbonate exports to Kuwait exceeded the volume sent to the second major destination, Bahrain (X tons), sevenfold. The third position in this ranking was taken by Jordan (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Kuwait stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (X% per year) and Jordan (X% per year).

In value terms, Kuwait ($X) remains the key foreign market for calcium carbonate exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was taken by Bahrain ($X), with a X% share of total exports. It was followed by Jordan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Kuwait totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (X% per year) and Jordan (X% per year).

Export Prices by Country

The average calcium carbonate export price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($X per ton), while the average price for exports to Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Calcium Carbonate Imports

Imports into Saudi Arabia

After two years of growth, overseas purchases of calcium carbonate decreased by X% to X tons in 2021. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, calcium carbonate imports rose notably to $X in 2021. The total import value increased at an average annual rate of X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Jordan (X tons) constituted the largest supplier of calcium carbonate to Saudi Arabia, accounting for a X% share of total imports. Moreover, calcium carbonate imports from Jordan exceeded the figures recorded by the second-largest supplier, Egypt (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Jordan amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Vietnam (X% per year).

In value terms, Jordan ($X) constituted the largest supplier of calcium carbonate to Saudi Arabia, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Jordan was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Egypt (X% per year).

Import Prices by Country

The average calcium carbonate import price stood at $X per ton in 2021, picking up by X% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Jordan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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