MENA: Metal Pickling Preparations Market 2024

Metal Pickling Preparations Market Size in MENA

The MENA's metal pickling preparations market was finally on the rise to reach $X in 2022, after two years of decline. Overall, consumption, however, continues to indicate a pronounced contraction. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Metal Pickling Preparations Production in MENA

In value terms, metal pickling preparations production skyrocketed to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 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.

Metal Pickling Preparations Exports

Exports in MENA

In 2022, shipments abroad of pickling preparations for metal surfaces increased by X% to X tons, rising for the second year in a row after three years of decline. Total exports indicated measured growth 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. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, metal pickling preparations exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Turkey represented the key exporter of pickling preparations for metal surfaces in MENA, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2022. The United Arab Emirates (X tons) took the second position in the ranking, followed by Saudi Arabia (X tons) and Iran (X tons). All these countries together held near X% share of total exports. Tunisia (X tons) took a relatively small share of total exports.

Turkey experienced a relatively flat trend pattern with regard to volume of exports of pickling preparations for metal surfaces. At the same time, Iran (X%), the United Arab Emirates (X%), Saudi Arabia (X%) and Tunisia (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. While the share of the United Arab Emirates (X p.p.), Saudi Arabia (X p.p.) and Iran (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Turkey (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest metal pickling preparations supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Tunisia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Tunisia (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, 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.

Metal Pickling Preparations Imports

Imports in MENA

In 2022, overseas purchases of pickling preparations for metal surfaces increased by X% to X tons, rising for the second year in a row after three years of decline. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, metal pickling preparations imports expanded rapidly to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X tons), distantly followed by the United Arab Emirates (X tons), Saudi Arabia (X tons), Morocco (X tons) and Algeria (X tons) were the largest importers of pickling preparations for metal surfaces, together constituting X% of total imports. Egypt (X tons), Oman (X tons), Tunisia (X tons), Iraq (X tons) and Iran (X tons) followed a long way behind the leaders.

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

In value terms, Turkey ($X), the United Arab Emirates ($X) and Saudi Arabia ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Tunisia, Egypt, Morocco, Algeria, Iran, Oman and Iraq lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Oman, with a CAGR of X%, recorded 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 2022, with an increase of X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Tunisia ($X per ton), while Iraq ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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