Middle East: Market for Phosphides (Excluding Ferrophosphorus), Hydrides, Nitrides, Azides, Silicides and Borides 2024

Market Size for Phosphides (Excluding Ferrophosphorus), Hydrides, Nitrides, Azides, Silicides and Borides in the Middle East

In 2022, the Middle Eastern market for phosphides (excluding ferrophosphorus), hydrides, nitrides, azides, silicides and borides increased by X% to $X, rising for the second consecutive year after five years of decline. In general, consumption, however, saw a slight shrinkage. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Production of Phosphides (Excluding Ferrophosphorus), Hydrides, Nitrides, Azides, Silicides and Borides in the Middle East

In value terms, production of phosphides (excluding ferrophosphorus), hydrides, nitrides, azides, silicides and borides dropped slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Exports of Phosphides (Excluding Ferrophosphorus), Hydrides, Nitrides, Azides, Silicides and Borides

Exports in the Middle East

In 2022, after two years of decline, there was significant growth in shipments abroad of phosphides (excluding ferrophosphorus), hydrides, nitrides, azides, silicides and borides, when their volume increased by X% to X tons. Overall, exports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2014 with an increase of X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of phosphides (excluding ferrophosphorus), hydrides, nitrides, azides, silicides and borides rose notably to $X in 2022. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Bahrain (X tons) represented the largest exporter of phosphides (excluding ferrophosphorus), hydrides, nitrides, azides, silicides and borides, making up X% of total exports. The United Arab Emirates (X tons) took the second position in the ranking, followed by Jordan (X tons). All these countries together took near X% share of total exports. Turkey (X kg) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to phosphides, hydrides, nitrides, azides, silicides and borides exports from Bahrain stood at X%. At the same time, the United Arab Emirates (X%) and Jordan (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, Turkey (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.) and Jordan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Bahrain (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Bahrain ($X) remains the largest phosphides, hydrides, nitrides, azides, silicides and borides supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

In Bahrain, exports of phosphides (excluding ferrophosphorus), hydrides, nitrides, azides, silicides and borides increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Turkey (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, declining by X% against the previous year. Overall, the export price, however, posted a significant expansion. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of export peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 Turkey ($X per ton), while Jordan ($X per ton) was amongst the lowest.

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

Imports of Phosphides (Excluding Ferrophosphorus), Hydrides, Nitrides, Azides, Silicides and Borides

Imports in the Middle East

In 2022, overseas purchases of phosphides (excluding ferrophosphorus), hydrides, nitrides, azides, silicides and borides increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of phosphides (excluding ferrophosphorus), hydrides, nitrides, azides, silicides and borides surged to $X in 2022. In general, imports continue to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Israel (X tons) and Turkey (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Iran (X tons), mixing up an X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Israel ($X) constitutes the largest market for imported phosphides (excluding ferrophosphorus), hydrides, nitrides, azides, silicides and borides in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports.

In Israel, imports of phosphides (excluding ferrophosphorus), hydrides, nitrides, azides, silicides and borides increased 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: Turkey (X% per year) and Iran (X% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price enjoyed a buoyant expansion. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform