MENA: Amylaceous Finishing Agents Market 2024

Amylaceous Finishing Agents Market Size in MENA

The MENA's amylaceous finishing agents market was estimated at $X in 2023, rising by X% against the previous year. Overall, consumption showed a strong expansion. Over the period under review, the market reached the maximum level in 2023 and is expected to retain growth in the near future.

Amylaceous Finishing Agents Production in MENA

In value terms, amylaceous finishing agents production rose slightly to $X in 2023 estimated in export price. In general, production, however, showed a remarkable increase. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, production attained the peak level at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Amylaceous Finishing Agents Exports

Exports in MENA

Amylaceous finishing agents exports soared to X tons in 2023, rising by X% compared with the previous year's figure. Over the period under review, exports recorded a pronounced increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the exports failed to regain momentum.

In value terms, amylaceous finishing agents exports surged to $X in 2023. In general, exports enjoyed measured growth. The pace of growth was the most pronounced in 2021 when exports increased by 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

In 2023, Turkey (X tons) and Saudi Arabia (X tons) represented the largest exporters of finishing agents with amylaceous basis in MENA, together accounting for near X% of total exports. It was distantly followed by the United Arab Emirates (X tons) and Egypt (X tons), together achieving a X% share of total exports.

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

In value terms, the largest amylaceous finishing agents supplying countries in MENA were Turkey ($X), Saudi Arabia ($X) and the United Arab Emirates ($X), together accounting for X% of total exports.

In terms of the main exporting countries, Saudi Arabia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in MENA amounted to $X per ton, growing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2023, major exporting countries recorded the following prices: in the United Arab Emirates ($X per ton) and Turkey ($X per ton), while Saudi Arabia ($X per ton) and Egypt ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced mixed trends in the export price figures.

Amylaceous Finishing Agents Imports

Imports in MENA

In 2023, approx. X tons of finishing agents with amylaceous basis were imported in MENA; rising by X% on 2022 figures. In general, imports, however, saw a deep contraction. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, amylaceous finishing agents imports skyrocketed to $X in 2023. Overall, imports, however, saw a drastic downturn. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Saudi Arabia was the largest importer of finishing agents with amylaceous basis in MENA, with the volume of imports accounting for X tons, which was near X% of total imports in 2023. Turkey (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Egypt (X%), the United Arab Emirates (X%) and Kuwait (X%). Tunisia (X tons) and Qatar (X tons) held a relatively small share of total imports.

Imports into Saudi Arabia decreased at an average annual rate of X% from 2012 to 2023. At the same time, Qatar (X%), the United Arab Emirates (X%), Egypt (X%) and Tunisia (X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2023. By contrast, Kuwait (X%) and Turkey (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Egypt, the United Arab Emirates, Qatar and Tunisia 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, Saudi Arabia ($X) constitutes the largest market for imported finishing agents with amylaceous basis in MENA, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by Kuwait, with an X% share.

In Saudi Arabia, amylaceous finishing agents imports declined by an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Kuwait (X% per year).

Import Prices by Country

In 2023, the import price in MENA amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price saw a slight downturn. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2023, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: 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 Qatar (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform