Middle East: Market for Cellulose and its Chemical Derivatives in Primary Forms 2024

Market Size for Cellulose and its Chemical Derivatives in Primary Forms in the Middle East

The Middle Eastern market for cellulose and its chemical derivatives in primary forms totaled $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, continues to indicate a remarkable increase. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Cellulose and its Chemical Derivatives in Primary Forms in the Middle East

In value terms, production of cellulose and its chemical derivatives in primary forms skyrocketed to $X in 2022 estimated in export price. Overall, production, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2013 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Cellulose and its Chemical Derivatives in Primary Forms

Exports in the Middle East

Exports of cellulose and its chemical derivatives in primary forms soared to X tons in 2022, with an increase of X% against the previous year. Total exports indicated a prominent increase 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. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cellulose and its chemical derivatives in primary forms skyrocketed to $X in 2022. Overall, exports recorded a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Turkey (X tons) represented the main exporter of cellulose and its chemical derivatives in primary forms, committing X% of total exports. It was distantly followed by the United Arab Emirates (X tons), mixing up a X% share of total exports. Saudi Arabia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to cellulose and its chemical derivatives in primary forms exports from Turkey stood at X%. At the same time, the United Arab Emirates (X%) and Saudi Arabia (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Turkey saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest cellulose and its chemical derivatives in primary forms supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue 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 Saudi Arabia ($X per ton), while Turkey ($X per ton) was amongst the lowest.

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

Imports of Cellulose and its Chemical Derivatives in Primary Forms

Imports in the Middle East

Imports of cellulose and its chemical derivatives in primary forms amounted to X tons in 2022, with an increase of X% against 2021 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, imports of cellulose and its chemical derivatives in primary forms surged to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey was the key importer of cellulose and its chemical derivatives in primary forms in the Middle East, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2022. It was distantly followed by Saudi Arabia (X tons), the United Arab Emirates (X tons), Iran (X tons) and Israel (X tons), together constituting a X% share of total imports. Kuwait (X tons), Iraq (X tons) and Jordan (X tons) followed a long way behind the leaders.

Imports into Turkey increased at an average annual rate of X% from 2012 to 2022. At the same time, Kuwait (X%), the United Arab Emirates (X%) and Saudi Arabia (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. Israel, Jordan and Iran experienced a relatively flat trend pattern. By contrast, Iraq (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.) and Kuwait (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Iraq (X p.p.), Iran (X p.p.) and Saudi Arabia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported cellulose and its chemical derivatives in primary forms in the Middle East, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Saudi Arabia, with a X% share.

In Turkey, imports of cellulose and its chemical derivatives in primary forms expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Saudi Arabia (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, import prices attained the peak figure at $X per ton in 2012; afterwards, it flattened through to 2022.

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 Israel ($X per ton), while Iraq ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform