Saudi Arabia: Market for Organic Surface Active Agents And Washing Preparations 2023

Market Size for Organic Surface Active Agents And Washing Preparations in Saudi Arabia

The Saudi market for organic surface active agents and washing preparations shrank to $X in 2021, remaining stable against the previous year. In general, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +26.7% against 2019 indices. Consumption of peaked at $X in 2020, and then fell slightly in the following year.

Production of Organic Surface Active Agents And Washing Preparations in Saudi Arabia

In value terms, production of organic surface active agents and washing preparations fell to $X in 2021 estimated in export price. Overall, the total production indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +8.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +8.5% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of 43% against the previous year. Production of peaked at $X in 2020, and then dropped in the following year.

Exports of Organic Surface Active Agents And Washing Preparations

Exports from Saudi Arabia

In 2021, approx. X tons of organic surface active agents and washing preparations were exported from Saudi Arabia; falling by -20.8% against the previous year's figure. In general, exports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2014 when exports increased by 46%. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of organic surface active agents and washing preparations declined significantly to $X in 2021. Over the period under review, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2014 when exports increased by 58% against the previous year. Over the period under review, the exports of hit record highs at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons), Kuwait (X tons) and Oman (X tons) were the main destinations of exports of organic surface active agents and washing preparations from Saudi Arabia, with a combined 79% share of total exports. These countries were followed by Jordan, Bahrain and China, which together accounted for a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +72.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) remains the key foreign market for organic surface active agents and washing preparations exports from Saudi Arabia, comprising 46% of total exports. The second position in the ranking was held by Oman ($X), with a 22% share of total exports. It was followed by Kuwait, with a 19% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates stood at +14.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+10.2% per year) and Kuwait (+8.7% per year).

Export Prices by Country

The average export price for organic surface active agents and washing preparations stood at $X per ton in 2021, increasing by 2.5% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2020 an increase of 11%. The export price peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Oman ($X per ton), while the average price for exports to Jordan ($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 the United Arab Emirates (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organic Surface Active Agents And Washing Preparations

Imports into Saudi Arabia

After four years of growth, overseas purchases of organic surface active agents and washing preparations decreased by -11.4% to X tons in 2021. In general, total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +58.2% against 2012 indices. The growth pace was the most rapid in 2020 with an increase of 20%. As a result, imports reached the peak of X tons, and then contracted in the following year.

In value terms, imports of organic surface active agents and washing preparations contracted slightly to $X in 2021. Over the period under review, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +89.4% against 2012 indices. The pace of growth was the most pronounced in 2014 when imports increased by 25%. Over the period under review, imports of hit record highs at $X in 2020, and then fell in the following year.

Imports by Country

Jordan (X tons), the United Arab Emirates (X tons) and China (X tons) were the main suppliers of imports of organic surface active agents and washing preparations to Saudi Arabia, with a combined 43% share of total imports. These countries were followed by Egypt, the UK, India, Oman, Italy, the United States, Bahrain, Greece, Germany and Vietnam, which together accounted for a further 43%.

From 2012 to 2021, the biggest increases were recorded for Egypt (with a CAGR of +68.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of organic surface active agents and washing preparations to Saudi Arabia, comprising 25% of total imports. The second position in the ranking was taken by Egypt ($X), with an 8.4% share of total imports. It was followed by the United States, with a 7.1% share.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates amounted to +14.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+62.5% per year) and the United States (+3.5% per year).

Import Prices by Country

The average import price for organic surface active agents and washing preparations stood at $X per ton in 2021, surging by 9.8% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.0%. The import price peaked at $X per ton in 2016; afterwards, it flattened through to 2021.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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