MENA: Market for Phosphorus, Arsenic And Selenium 2024

Market Size for Phosphorus, Arsenic And Selenium in MENA

After three years of decline, the MENA's phosphorus, arsenic and selenium market increased by X% to $X in 2023. In general, consumption, however, showed a noticeable descent. The level of consumption peaked at $X in 2013; however, from 2014 to 2023, consumption remained at a lower figure.

Production of Phosphorus, Arsenic And Selenium in MENA

In value terms, phosphorus, arsenic and selenium production reached $X in 2023 estimated in export price. The total production indicated a pronounced 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. Based on 2023 figures, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Exports of Phosphorus, Arsenic And Selenium

Exports in MENA

In 2023, after three years of growth, there was significant decline in overseas shipments of phosphorus, arsenic and selenium, when their volume decreased by X% to X tons. Over the period under review, exports, however, recorded a temperate increase. The pace of growth was the most pronounced in 2017 when exports increased by X%. The volume of export peaked at X tons in 2022, and then shrank rapidly in the following year.

In value terms, phosphorus, arsenic and selenium exports fell to $X in 2023. Overall, exports, however, saw temperate growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2022, and then contracted in the following year.

Exports by Country

In 2023, the United Arab Emirates (X tons) was the major exporter of phosphorus, arsenic and selenium, generating X% of total exports. It was distantly followed by Turkey (X tons), creating a X% share of total exports.

Exports from the United Arab Emirates increased at an average annual rate of X% from 2012 to 2023. At the same time, Turkey (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2023. The United Arab Emirates (X p.p.) and Turkey (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest phosphorus, arsenic and selenium supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in the United Arab Emirates totaled X%.

Export Prices by Country

The export price in MENA stood at $X per ton in 2023, growing by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2017; however, from 2018 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%).

Imports of Phosphorus, Arsenic And Selenium

Imports in MENA

Phosphorus, arsenic and selenium imports soared to X tons in 2023, jumping by X% on the year before. In general, imports, however, recorded a noticeable downturn. 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 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, phosphorus, arsenic and selenium imports surged to $X in 2023. Over the period under review, imports, however, recorded a perceptible decline. The pace of growth appeared the most rapid in 2017 when imports increased by X%. 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

Turkey represented the main importer of phosphorus, arsenic and selenium in MENA, with the volume of imports reaching X tons, which was approx. X% of total imports in 2023. It was distantly followed by Iran (X tons), Egypt (X tons), the United Arab Emirates (X tons), Israel (X tons) and Iraq (X tons), together making up a X% share of total imports. Tunisia (X tons) held a relatively small share of total imports.

Imports into Turkey increased at an average annual rate of X% from 2012 to 2023. At the same time, Iraq (X%), the United Arab Emirates (X%), Israel (X%) and Egypt (X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2023. By contrast, Iran (X%) and Tunisia (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.), the United Arab Emirates (X p.p.), Iraq (X p.p.), Israel (X p.p.) and Egypt (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Tunisia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest phosphorus, arsenic and selenium importing markets in MENA were Turkey ($X), Egypt ($X) and Iran ($X), together accounting for X% of total imports. The United Arab Emirates, Israel, Iraq and Tunisia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Iraq, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, 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 MENA stood at $X per ton in 2023, surging by X% against the previous year. Over the period under review, the import price, however, saw a mild shrinkage. The pace of growth was the most pronounced in 2013 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2023, the import prices remained at a lower figure.

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

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

Source: IndexBox Platform