Middle East - Hydrogen Chloride (Hydrochloric Acid) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMiddle East: Hydrogen Chloride Market 2024
Hydrogen Chloride Market Size in the Middle East
The Middle Eastern hydrogen chloride market amounted to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption saw a resilient increase. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.
Hydrogen Chloride Production in the Middle East
In value terms, hydrogen chloride production rose to $X in 2022 estimated in export price. In general, production recorded a buoyant increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.
Hydrogen Chloride Exports
Exports in the Middle East
In 2022, approx. X tons of hydrogen chloride (hydrochloric acid) were exported in the Middle East; jumping by X% compared with 2021. In general, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, hydrogen chloride exports surged to $X in 2022. Over the period under review, exports showed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Saudi Arabia prevails in exports structure, reaching X tons, which was approx. X% of total exports in 2022. It was distantly followed by the United Arab Emirates (X tons), Kuwait (X tons), Israel (X tons) and Turkey (X tons), together committing a X% share of total exports. The following exporters - Iran (X tons) and Jordan (X tons) - each resulted at a X% share of total exports.
Exports from Saudi Arabia increased at an average annual rate of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%), Israel (X%), Iran (X%) and Turkey (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Kuwait (X%) and Jordan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Saudi Arabia, the United Arab Emirates, Israel, Turkey and Iran increased by X, X, X, X and X percentage points, respectively.
In value terms, Saudi Arabia ($X) remains the largest hydrogen chloride supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with an X% share of total exports. It was followed by Kuwait, with a X% share.
From 2012 to 2022, the average annual rate of growth in terms of value in Saudi Arabia totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (X% per year) and Kuwait (X% per year).
Export Prices by Country
In 2022, the export price in the Middle East amounted to $X per ton, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Israel ($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 a decline in the export price figures.
Hydrogen Chloride Imports
Imports in the Middle East
In 2022, overseas purchases of hydrogen chloride (hydrochloric acid) decreased by X% to X tons, falling for the third consecutive year after three years of growth. In general, imports continue to indicate a mild descent. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.
In value terms, hydrogen chloride imports expanded slightly to $X in 2022. Over the period under review, imports showed a mild slump. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.
Imports by Country
Kuwait was the key importer of hydrogen chloride (hydrochloric acid) in the Middle East, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2022. Israel (X tons) ranks second in terms of the total imports with an X% share, followed by Bahrain (X%), Turkey (X%), Syrian Arab Republic (X%) and Oman (X%). Iraq (X tons) followed a long way behind the leaders.
From 2012 to 2022, average annual rates of growth with regard to hydrogen chloride imports into Kuwait stood at X%. At the same time, Israel (X%), Turkey (X%), Oman (X%), Bahrain (X%) and Syrian Arab Republic (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Iraq (X%) illustrated a downward trend over the same period. While the share of Kuwait (X p.p.), Israel (X p.p.), Bahrain (X p.p.), Turkey (X p.p.), Oman (X p.p.) and Syrian Arab Republic (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Iraq (X p.p.) displayed negative dynamics.
In value terms, Kuwait ($X) constitutes the largest market for imported hydrogen chloride (hydrochloric acid) in the Middle East, 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 Bahrain, with an X% share.
From 2012 to 2022, the average annual growth rate of value in Kuwait totaled X%. In the other countries, the average annual rates were as follows: Turkey (X% per year) and Bahrain (X% per year).
Import Prices by Country
The import price in the Middle East stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of X%. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kuwait ($X per ton), while Oman ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced a decline in the import price figures.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the hydrogen chloride market in the Middle East. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20132413 - Hydrogen chloride (hydrochloric acid)
Country coverage:
- Bahrain
- Iran
- Iraq
- Israel
- Jordan
- Kuwait
- Lebanon
- Oman
- Palestine
- Qatar
- Saudi Arabia
- Syrian Arab Republic
- Turkey
- United Arab Emirates
- Yemen
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in the Middle East, split by region and country
- Trade (exports and imports) in the Middle East
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Bahrain
- Iran
- Iraq
- Israel
- Jordan
- Kuwait
- Lebanon
- Oman
- Palestine
- Qatar
- Saudi Arabia
- Syrian Arab Republic
- Turkey
- United Arab Emirates
- Yemen
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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