Saudi Arabia: Market for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites 2023

Market Size for Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Saudi Arabia

The Saudi hypochlorites, chlorites and hypobromites market amounted to $X in 2021, increasing by 2.7% against the previous year. Overall, the total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -10.5% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites in Saudi Arabia

In value terms, hypochlorites, chlorites and hypobromites production rose markedly to $X in 2021 estimated in export price. Over the period under review, the total production indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -4.7% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 21% against the previous year. Hypochlorites, chlorites and hypobromites production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Exports from Saudi Arabia

In 2021, overseas shipments of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites increased by 116% to X tons, rising for the third consecutive year after six years of decline. Overall, exports, however, recorded a abrupt contraction. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, hypochlorites, chlorites and hypobromites exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 83%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Kuwait (X tons), Bahrain (X tons) and Jordan (X tons) were the main destinations of hypochlorites, chlorites and hypobromites exports from Saudi Arabia, together comprising 99% of total exports.

From 2012 to 2021, the biggest increases were in Kuwait (with a CAGR of +155.3%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Bahrain ($X) remains the key foreign market for hypochlorites, chlorites and hypobromites exports from Saudi Arabia, comprising 60% of total exports. The second position in the ranking was held by Kuwait ($X), with a 29% share of total exports. It was followed by Jordan, with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Bahrain stood at +6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+103.0% per year) and Jordan (-20.0% per year).

Export Prices by Country

The average hypochlorites, chlorites and hypobromites export price stood at $X per ton in 2021, which is down by -26.8% against the previous year. In general, the export price continues to indicate a perceptible decrease. The growth pace was the most rapid in 2020 when the average export price increased by 20%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Sudan ($X per ton), while the average price for exports to Jordan ($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 Sudan (+37.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hypochlorites, Commercial Calcium Hypochlorite, Chlorites And Hypobromites

Imports into Saudi Arabia

In 2021, the amount of hypochlorites, commercial calcium hypochlorite, chlorites and hypobromites imported into Saudi Arabia declined markedly to X tons, dropping by -21.2% against 2020. In general, imports saw a perceptible decrease. The pace of growth appeared the most rapid in 2017 with an increase of 50%. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, hypochlorites, chlorites and hypobromites imports contracted sharply to $X in 2021. Overall, imports recorded a noticeable descent. The pace of growth was the most pronounced in 2017 with an increase of 58%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, India (X tons) constituted the largest supplier of hypochlorites, chlorites and hypobromites to Saudi Arabia, with a 58% share of total imports. Moreover, hypochlorites, chlorites and hypobromites imports from India exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume from India totaled +15.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-7.0% per year) and Japan (-16.9% per year).

In value terms, the largest hypochlorites, chlorites and hypobromites suppliers to Saudi Arabia were India ($X), the United States ($X) and Japan ($X), together accounting for 91% of total imports.

Among the main suppliers, India, with a CAGR of +16.0%, 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

In 2021, the average hypochlorites, chlorites and hypobromites import price amounted to $X per ton, waning by -4.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 18%. Over the period under review, average import prices reached the maximum at $X per ton in 2020, and then reduced modestly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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