GCC: Kaolin Market 2024

Kaolin Market Size in GCC

The GCC kaolin market skyrocketed to $X in 2023, surging by X% against the previous year. Over the period under review, consumption showed a slight setback. The level of consumption peaked at $X in 2014; however, from 2015 to 2023, consumption remained at a lower figure.

Kaolin Production in GCC

In value terms, kaolin production soared to $X in 2023 estimated in export price. Over the period under review, production, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.

Kaolin Exports

Exports in GCC

In 2023, shipments abroad of kaolin and kaolinic clays was finally on the rise to reach X tons for the first time since 2020, thus ending a two-year declining trend. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2023, the growth of the exports failed to regain momentum.

In value terms, kaolin exports surged to $X in 2023. Overall, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates prevails in exports structure, recording X tons, which was near X% of total exports in 2023. Oman (X tons) took a minor share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the kaolin and kaolinic clays exports, with a CAGR of X% from 2012 to 2023. Oman (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the United Arab Emirates increased by X percentage points.

In value terms, the United Arab Emirates ($X) remains the largest kaolin supplier in GCC, comprising X% of total exports. The second position in the ranking was held by Oman ($X), with a X% share of total exports.

In the United Arab Emirates, kaolin exports increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in GCC amounted to $X per ton, picking up by X% against the previous year. In general, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2023, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Oman stood at $X per ton.

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

Kaolin Imports

Imports in GCC

In 2023, kaolin imports in GCC contracted rapidly to X tons, shrinking by X% against the previous year. In general, imports recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, kaolin imports soared to $X in 2023. Over the period under review, imports saw a relatively flat trend pattern. Over the period under review, imports attained the maximum at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

The United Arab Emirates represented the major importer of kaolin and kaolinic clays in GCC, with the volume of imports recording X tons, which was near X% of total imports in 2023. It was distantly followed by Saudi Arabia (X tons), Bahrain (X tons) and Kuwait (X tons), together achieving a X% share of total imports. Oman (X tons) took a little share of total imports.

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

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Bahrain ($X) appeared to be the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Kuwait and Oman lagged somewhat behind, together accounting for a further X%.

Kuwait, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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 GCC stood at $X per ton in 2023, increasing by X% against the previous year. Import price indicated a moderate expansion from 2012 to 2023: its price 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. As a result, import price attained 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 Kuwait ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform