Saudi Arabia: Market for Derivatives Of Hydrocarbons Containing Only Sulpho Groups; Their Salts And Ethyl Esters 2024

Market Size for Derivatives Of Hydrocarbons Containing Only Sulpho Groups; Their Salts And Ethyl Esters in Saudi Arabia

The Saudi market for derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters fell to $X in 2022, which is down by X% against the previous year. In general, the total consumption indicated a pronounced increase from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Production of Derivatives Of Hydrocarbons Containing Only Sulpho Groups; Their Salts And Ethyl Esters in Saudi Arabia

In value terms, production of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters dropped remarkably to $X in 2022 estimated in export price. Overall, production, however, showed pronounced growth. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production of reached the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Derivatives Of Hydrocarbons Containing Only Sulpho Groups; Their Salts And Ethyl Esters

Exports from Saudi Arabia

In 2021, overseas shipments of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters decreased by X% to X tons, falling for the fourth year in a row after two years of growth. In general, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters reduced to $X in 2021. Over the period under review, exports showed a dramatic contraction. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Kuwait (X tons) was the main destination for exports of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters from Saudi Arabia, with a X% share of total exports. Moreover, exports of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters to Kuwait exceeded the volume sent to the second major destination, Egypt (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kuwait was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (X% per year) and Senegal (X% per year).

From 2012 to 2021, the average annual growth rate of value to Kuwait was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (X% per year) and Senegal (X% per year).

Export Prices by Country

In 2021, the average export price for derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters amounted to $X per ton, surging by X% against the previous year. In general, the export price, however, continues to indicate a slight decrease. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Senegal ($X per ton), while the average price for exports to Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Derivatives Of Hydrocarbons Containing Only Sulpho Groups; Their Salts And Ethyl Esters

Imports into Saudi Arabia

In 2022, purchases abroad of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Over the period under review, imports, however, showed moderate growth. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports of attained the maximum at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters dropped to $X in 2022. In general, imports, however, recorded a slight expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Russia (X tons) was the main supplier of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters to Saudi Arabia, with a X% share of total imports. It was followed by the United States (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Russia amounted to X%.

In value terms, Russia ($X) constituted the largest supplier of derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters to Saudi Arabia, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia amounted to X%.

Import Prices by Country

The average import price for derivatives of hydrocarbons containing only sulpho groups; their salts and ethyl esters stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the import price continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2018 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Russia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform