MENA: Gypsum And Anhydrite Market 2024

Gypsum And Anhydrite Market Size in MENA

In 2023, the MENA's gypsum and anhydrite market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2023, the growth of the market remained at a somewhat lower figure.

Gypsum And Anhydrite Production in MENA

In value terms, gypsum and anhydrite production shrank slightly to $X in 2023 estimated in export price. In general, production, however, recorded a mild reduction. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2023, production growth remained at a lower figure.

Gypsum And Anhydrite Exports

Exports in MENA

In 2023, approx. X tons of gypsum and anhydrite were exported in MENA; dropping by X% compared with 2022. Over the period under review, exports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

In value terms, gypsum and anhydrite exports rose significantly to $X in 2023. Overall, exports, however, saw a strong increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports reached the peak figure in 2023 and are likely to see gradual growth in the immediate term.

Exports by Country

Oman was the major exporter of gypsum and anhydrite in MENA, with the volume of exports recording X tons, which was approx. X% of total exports in 2023. Morocco (X tons) ranks second in terms of the total exports with an X% share, followed by the United Arab Emirates (X%), Egypt (X%) and Iran (X%). Turkey (X tons) held a relatively small share of total exports.

Exports from Oman increased at an average annual rate of X% from 2012 to 2023. At the same time, the United Arab Emirates (X%), Egypt (X%), Morocco (X%) and Turkey (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2023. By contrast, Iran (X%) illustrated a downward trend over the same period. Oman (X p.p.), the United Arab Emirates (X p.p.), Morocco (X p.p.) and Egypt (X p.p.) significantly strengthened its position in terms of the total exports, while Turkey and Iran saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, Oman ($X) remains the largest gypsum and anhydrite supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Egypt ($X), with a X% share of total exports. It was followed by Iran, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Oman stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Egypt (X% per year) and Iran (X% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2023, surging by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs in 2023 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 Egypt ($X per ton), while Turkey ($X per ton) was amongst the lowest.

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

Gypsum And Anhydrite Imports

Imports in MENA

In 2023, approx. X tons of gypsum and anhydrite were imported in MENA; falling by X% compared with 2022 figures. Overall, imports recorded a deep slump. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports failed to regain momentum.

In value terms, gypsum and anhydrite imports dropped to $X in 2023. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.

Imports by Country

Kuwait (X tons), Israel (X tons) and Qatar (X tons) represented roughly X% of total imports in 2023. The United Arab Emirates (X tons) ranks next in terms of the total imports with a X% share, followed by Turkey (X%) and Lebanon (X%). Bahrain (X tons) took a little share of total imports.

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

In value terms, Israel ($X) constitutes the largest market for imported gypsum and anhydrite in MENA, comprising X% of total imports. The second position in the ranking was taken by Kuwait ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with an X% share.

From 2012 to 2023, the average annual growth rate of value in Israel stood at X%. In the other countries, the average annual rates were as follows: Kuwait (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2023, the import price in MENA amounted to $X per ton, increasing by X% against the previous year. Overall, the import price continues to indicate a strong increase. As a result, import 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 importing countries. In 2023, amid the top importers, the country with the highest price was Israel ($X per ton), while the United Arab Emirates ($X per ton) was 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 more modest paces of growth.

Source: IndexBox Platform