Middle East: Ionones And Methylionones Market 2024

Ionones And Methylionones Market Size in the Middle East

In 2023, the Middle Eastern ionones and methylionones market increased by X% to $X, rising for the third year in a row after two years of decline. In general, consumption continues to indicate a resilient expansion. The level of consumption peaked in 2023 and is expected to retain growth in years to come.

Ionones And Methylionones Production in the Middle East

In value terms, ionones and methylionones production expanded to $X in 2023 estimated in export price. In general, production enjoyed notable growth. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2023, production remained at a lower figure.

Ionones And Methylionones Exports

Exports in the Middle East

In 2023, exports of ionones and methylionones in the Middle East skyrocketed to X kg, jumping by X% on 2022. In general, exports, however, saw a significant contraction. The volume of export peaked at X tons in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, ionones and methylionones exports skyrocketed to $X in 2023. Overall, exports, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2016 when exports increased by X%. The level of export peaked at $X in 2017; however, from 2018 to 2023, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates was the key exporter of ionones and methylionones in the Middle East, with the volume of exports recording X kg, which was approx. X% of total exports in 2023. It was distantly followed by Turkey (X kg), achieving a X% share of total exports.

From 2015 to 2023, average annual rates of growth with regard to ionones and methylionones exports from the United Arab Emirates stood at X%. At the same time, Turkey (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2015-2023. From 2015 to 2023, the share of the United Arab Emirates and Turkey increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) and the United Arab Emirates ($X) were the countries with the highest levels of exports in 2023.

Turkey, 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.

Export Prices by Country

The export price in the Middle East stood at $X per kg in 2023, which is down by X% against the previous year. Overall, the export price, however, recorded strong growth. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per kg, and then reduced markedly in the following year.

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

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

Ionones And Methylionones Imports

Imports in the Middle East

In 2023, supplies from abroad of ionones and methylionones increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports reached the maximum in 2023 and are expected to retain growth in the near future.

In value terms, ionones and methylionones imports soared to $X in 2023. Overall, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of import peaked in 2023 and is likely to see steady growth in the immediate term.

Imports by Country

Turkey dominates imports structure, resulting at X tons, which was near X% of total imports in 2023. It was distantly followed by the United Arab Emirates (X tons), constituting a X% share of total imports. The following importers - Jordan (X tons) and Israel (X tons) - each amounted to a X% share of total imports.

Imports into Turkey increased at an average annual rate of X% from 2012 to 2023. At the same time, Jordan (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2023. By contrast, Israel (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Turkey increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported ionones and methylionones in the Middle East, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Jordan, with a X% share.

In Turkey, ionones and methylionones imports increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Jordan (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2023, rising by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. The level of import peaked in 2023 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Turkey ($X per ton) and the United Arab Emirates ($X per ton), while Israel ($X per ton) and Jordan ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform