MENA: Market for Sulphates Of Barium Or Aluminium 2024

Market Size for Sulphates Of Barium Or Aluminium in MENA

The MENA's barium or aluminium sulphates market declined notably to $X in 2022, with a decrease of X% against the previous year. Overall, consumption saw a perceptible slump. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Sulphates Of Barium Or Aluminium in MENA

In value terms, barium or aluminium sulphates production fell to $X in 2022 estimated in export price. Over the period under review, production recorded a perceptible contraction. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Exports of Sulphates Of Barium Or Aluminium

Exports in MENA

In 2022, exports of sulphates of barium or aluminium in MENA skyrocketed to X tons, growing by X% against the year before. Overall, exports showed a remarkable increase. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, barium or aluminium sulphates exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Turkey dominates exports structure, finishing at X tons, which was near X% of total exports in 2022. The following exporters - Morocco (X tons) and Lebanon (X tons) - each finished at a X% share of total exports.

Turkey was also the fastest-growing in terms of the sulphates of barium or aluminium exports, with a CAGR of X% from 2012 to 2022. At the same time, Lebanon (X%) displayed positive paces of growth. By contrast, Morocco (X%) illustrated a downward trend over the same period. Turkey (X p.p.) significantly strengthened its position in terms of the total exports, while Lebanon and Morocco saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Turkey ($X) remains the largest barium or aluminium sulphates supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Morocco ($X), with a X% share of total exports.

In Turkey, barium or aluminium sulphates exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Morocco (X% per year) and Lebanon (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, continues to indicate a pronounced curtailment. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Morocco ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the other leaders experienced more modest paces of growth.

Imports of Sulphates Of Barium Or Aluminium

Imports in MENA

After four years of growth, purchases abroad of sulphates of barium or aluminium decreased by X% to X tons in 2022. Total imports indicated a notable expansion from 2012 to 2022: its volume 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. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then fell in the following year.

In value terms, barium or aluminium sulphates imports reduced to $X in 2022. Total imports indicated temperate growth 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, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Iraq represented the major importer of sulphates of barium or aluminium in MENA, with the volume of imports recording X tons, which was near X% of total imports in 2022. It was distantly followed by Morocco (X tons), Turkey (X tons), the United Arab Emirates (X tons), Iran (X tons), Syrian Arab Republic (X tons) and Egypt (X tons), together generating a X% share of total imports.

Imports into Iraq increased at an average annual rate of X% from 2012 to 2022. At the same time, Morocco (X%), the United Arab Emirates (X%), Iran (X%) and Syrian Arab Republic (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. Turkey experienced a relatively flat trend pattern. By contrast, Egypt (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Iraq, Morocco, the United Arab Emirates and Iran increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported sulphates of barium or aluminium in MENA, comprising X% of total imports. The second position in the ranking was held by Morocco ($X), with a X% share of total imports. It was followed by Iran, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey amounted to X%. In the other countries, the average annual rates were as follows: Morocco (X% per year) and Iran (X% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per ton, increasing by X% against the previous year. In general, the import price, however, showed a noticeable slump. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform