Saudi Arabia: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in Saudi Arabia

The Saudi oxygen-function amino-compound market declined dramatically to $X in 2022, waning by X% against the previous year. In general, consumption saw a abrupt downturn. As a result, consumption reached the peak level of $X, and then reduced dramatically in the following year.

Oxygen-Function Amino-Compound Production in Saudi Arabia

In value terms, oxygen-function amino-compound production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Oxygen-Function Amino-Compound Exports

Exports from Saudi Arabia

Oxygen-function amino-compound exports from Saudi Arabia soared to X tons in 2022, growing by X% on the previous year. Over the period under review, exports enjoyed resilient growth. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, oxygen-function amino-compound exports soared to $X in 2022. Overall, exports showed a remarkable increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

South Korea (X tons), China (X tons) and Belgium (X tons) were the main destinations of oxygen-function amino-compound exports from Saudi Arabia, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), South Korea ($X) and China ($X) constituted the largest markets for oxygen-function amino-compound exported from Saudi Arabia worldwide, together comprising X% of total exports.

Among the main countries of destination, South Korea, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average oxygen-function amino-compound export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to the United States ($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 Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Oxygen-Function Amino-Compound Imports

Imports into Saudi Arabia

Oxygen-function amino-compound imports into Saudi Arabia contracted rapidly to X tons in 2021, declining by X% compared with 2020 figures. Overall, imports recorded a deep contraction. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, oxygen-function amino-compound imports shrank rapidly to $X in 2021. Over the period under review, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), the United States (X tons) and Germany (X tons) were the main suppliers of oxygen-function amino-compound imports to Saudi Arabia, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest oxygen-function amino-compound suppliers to Saudi Arabia were Germany ($X), the United States ($X) and China ($X), together comprising X% of total imports. The UK and India lagged somewhat behind, together accounting for a further X%.

India, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average oxygen-function amino-compound import price amounted to $X per ton, jumping by X% against the previous year. Over the last nine years, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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