Saudi Arabia: Prepared Rubber Accelerators Market 2024

Prepared Rubber Accelerators Market Size in Saudi Arabia

The Saudi prepared rubber accelerators market reduced dramatically to $X in 2022, declining by X% against the previous year. In general, consumption, however, enjoyed prominent growth. Prepared rubber accelerators consumption peaked at $X in 2021, and then declined sharply in the following year.

Prepared Rubber Accelerators Production in Saudi Arabia

In value terms, prepared rubber accelerators production stood at $X in 2022 estimated in export price. Overall, production posted buoyant growth. The growth pace was the most rapid in 2015 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Prepared Rubber Accelerators Exports

Exports from Saudi Arabia

In 2022, shipments abroad of prepared rubber accelerators decreased by X% to X tons, falling for the third year in a row after three years of growth. Over the period under review, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, prepared rubber accelerators exports contracted remarkably to $X in 2022. In general, exports, however, posted strong growth. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Philippines (X tons), Jordan (X tons) and Bahrain (X tons) were the main destinations of prepared rubber accelerators exports from Saudi Arabia, with a combined X% share of total exports.

From 2017 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of X%), while shipments for the other leaders experienced a decline.

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

From 2017 to 2022, the average annual growth rate of value to Jordan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (X% per year) and Oman (X% per year).

Export Prices by Country

In 2022, the average prepared rubber accelerators export price amounted to $X per ton, shrinking by X% against the previous year. In general, the export price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 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 Bahrain ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (X%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Rubber Accelerators Imports

Imports into Saudi Arabia

In 2021, supplies from abroad of prepared rubber accelerators was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports recorded a significant increase. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, prepared rubber accelerators imports surged to $X in 2021. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Bahrain (X tons) constituted the largest supplier of prepared rubber accelerators to Saudi Arabia, accounting for a X% share of total imports. Moreover, prepared rubber accelerators imports from Bahrain exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Bahrain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

In value terms, Bahrain ($X) constituted the largest supplier of prepared rubber accelerators to Saudi Arabia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Bahrain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

Import Prices by Country

The average prepared rubber accelerators import price stood at $X per ton in 2021, rising by X% against the previous year. In general, the import price showed tangible growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Bahrain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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