Middle East: Calcium Carbonate Market 2024

Calcium Carbonate Market Size in the Middle East

After two years of decline, the Middle Eastern calcium carbonate market increased by X% to $X in 2023. The total consumption indicated a perceptible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Calcium Carbonate Production in the Middle East

In value terms, calcium carbonate production rose slightly to $X in 2023 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Calcium Carbonate Exports

Exports in the Middle East

In 2023, the amount of calcium carbonate exported in the Middle East dropped notably to X tons, falling by X% against the previous year's figure. Total exports indicated mild growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, calcium carbonate exports contracted dramatically to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Turkey (X tons) and Jordan (X tons) dominates exports structure, together committing X% of total exports. It was distantly followed by Iran (X tons), generating a X% share of total exports. Saudi Arabia (X tons), Oman (X tons) and the United Arab Emirates (X tons) followed a long way behind the leaders.

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

In value terms, Turkey ($X), Jordan ($X) and Saudi Arabia ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of total exports. Iran, the United Arab Emirates and Oman lagged somewhat behind, together comprising a further X%.

Oman, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2023, picking up by X% against the previous year. In general, the export price showed a modest expansion. The growth pace was the most rapid in 2014 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2023, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Jordan ($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 more modest paces of growth.

Calcium Carbonate Imports

Imports in the Middle East

In 2023, approx. X tons of calcium carbonate were imported in the Middle East; which is down by X% on the year before. Over the period under review, imports, however, continue to indicate a modest increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2023, imports remained at a lower figure.

In value terms, calcium carbonate imports totaled $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when imports increased by X%. The level of import peaked in 2023 and is expected to retain growth in the immediate term.

Imports by Country

Saudi Arabia represented the largest importing country with an import of around X tons, which accounted for X% of total imports. It was distantly followed by Qatar (X tons), Iraq (X tons) and Oman (X tons), together creating a X% share of total imports. Kuwait (X tons), the United Arab Emirates (X tons), Turkey (X tons), Israel (X tons), Lebanon (X tons), Yemen (X tons), Bahrain (X tons) and Syrian Arab Republic (X tons) followed a long way behind the leaders.

Saudi Arabia experienced a relatively flat trend pattern with regard to volume of imports of calcium carbonate. At the same time, Syrian Arab Republic (X%), Qatar (X%), Oman (X%), Israel (X%), Turkey (X%), Kuwait (X%) and Iraq (X%) displayed positive paces of growth. Moreover, Syrian Arab Republic emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2023. Yemen experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (X%), Bahrain (X%) and Lebanon (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Qatar, Oman and Syrian Arab Republic increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest calcium carbonate importing markets in the Middle East were Saudi Arabia ($X), Qatar ($X) and Turkey ($X), together comprising X% of total imports. Israel, the United Arab Emirates, Kuwait, Yemen, Oman, Syrian Arab Republic, Iraq, Bahrain and Lebanon lagged somewhat behind, together comprising a further X%.

Syrian Arab Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2023, picking up by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 an increase of X%. The level of import peaked in 2023 and is expected to retain growth in the near future.

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 Turkey ($X per ton), while Iraq ($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