MENA: Complex Fluorine Salts Market 2024

Complex Fluorine Salts Market Size in MENA

The MENA's complex fluorine salts market dropped remarkably to $X in 2023, waning by X% against the previous year. The total consumption indicated pronounced growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2022, and then shrank markedly in the following year.

Complex Fluorine Salts Production in MENA

In value terms, complex fluorine salts production reached $X in 2023 estimated in export price. The total production indicated a noticeable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, production attained the peak level of $X. From 2022 to 2023, production growth remained at a lower figure.

Complex Fluorine Salts Exports

Exports in MENA

Complex fluorine salts exports skyrocketed to X tons in 2023, jumping by X% compared with the previous year's figure. Over the period under review, exports recorded a mild increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked at X tons in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, complex fluorine salts exports rose modestly to $X in 2023. Overall, exports recorded a measured expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

Tunisia (X tons) and the United Arab Emirates (X tons) prevails in exports structure, together generating X% of total exports. It was distantly followed by Jordan (X tons), committing an X% share of total exports. Bahrain (X tons) held a little share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the United Arab Emirates (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest complex fluorine salts supplying countries in MENA were Tunisia ($X), the United Arab Emirates ($X) and Jordan ($X), with a combined X% share of total exports.

In terms of the main exporting countries, the United Arab Emirates, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in MENA stood at $X per ton in 2023, falling by X% against the previous year. Export price indicated notable growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, complex fluorine salts export price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then declined notably in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Tunisia ($X per ton), while Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Complex Fluorine Salts Imports

Imports in MENA

In 2023, imports of fluorides, fluorosilicates, fluoroaluminates and other complex fluorine salts in MENA contracted to X tons, which is down by X% on 2022 figures. Total imports indicated a moderate increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2023, imports remained at a lower figure.

In value terms, complex fluorine salts imports fell to $X in 2023. Total imports indicated a noticeable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2021 indices. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2022, and then reduced in the following year.

Imports by Country

Bahrain (X tons) and the United Arab Emirates (X tons) were the major importers of fluorides, fluorosilicates, fluoroaluminates and other complex fluorine salts in 2023, amounting to near X% and X% of total imports, respectively. Turkey (X tons) held the next position in the ranking, followed by Egypt (X tons), Qatar (X tons), Oman (X tons) and Iran (X tons). All these countries together held approx. X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Egypt (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest complex fluorine salts importing markets in MENA were Bahrain ($X), the United Arab Emirates ($X) and Qatar ($X), with a combined X% share of total imports. Egypt, Turkey, Oman and Iran lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Egypt, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per ton in 2023, dropping by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Qatar ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform