MENA: Market for Lauryl Alcohol, Cetyl Alcohol, Stearyl Alcohol and Other Saturated Monohydric Alcohols (Excluding Methyl, Propyl and Isopropyl, N-butyl, Other Butanols, Octyl) 2024

Market Size for Lauryl Alcohol, Cetyl Alcohol, Stearyl Alcohol and Other Saturated Monohydric Alcohols (Excluding Methyl, Propyl and Isopropyl, N-butyl, Other Butanols, Octyl) in MENA

The MENA's market for lauryl alcohol, cetyl alcohol, stearyl alcohol and other saturated monohydric alcohols (excluding methyl, propyl and isopropyl, n-butyl, other butanols, octyl) shrank to $X in 2023, falling by X% against the previous year. The market 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 level of consumption peaked at $X in 2018; however, from 2019 to 2023, consumption stood at a somewhat lower figure.

Production of Lauryl Alcohol, Cetyl Alcohol, Stearyl Alcohol and Other Saturated Monohydric Alcohols (Excluding Methyl, Propyl and Isopropyl, N-butyl, Other Butanols, Octyl) in MENA

In value terms, production of lauryl alcohol, cetyl alcohol, stearyl alcohol and other saturated monohydric alcohols (excluding methyl, propyl and isopropyl, n-butyl, other butanols, octyl) contracted to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2023, production remained at a lower figure.

Exports of Lauryl Alcohol, Cetyl Alcohol, Stearyl Alcohol and Other Saturated Monohydric Alcohols (Excluding Methyl, Propyl and Isopropyl, N-butyl, Other Butanols, Octyl)

Exports in MENA

After six years of growth, shipments abroad of lauryl alcohol, cetyl alcohol, stearyl alcohol and other saturated monohydric alcohols (excluding methyl, propyl and isopropyl, n-butyl, other butanols, octyl) decreased by X% to X tons in 2023. Total exports indicated tangible growth from 2012 to 2023: its volume 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, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2022, and then reduced modestly in the following year.

In value terms, exports of lauryl alcohol, cetyl alcohol, stearyl alcohol and other saturated monohydric alcohols (excluding methyl, propyl and isopropyl, n-butyl, other butanols, octyl) reduced to $X in 2023. Total exports indicated a modest 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, exports increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2022, and then contracted slightly in the following year.

Exports by Country

The shipments of the one major exporters of lauryl alcohol, cetyl alcohol, stearyl alcohol and other saturated monohydric alcohols (excluding methyl, propyl and isopropyl, n-butyl, other butanols, octyl), namely Saudi Arabia, represented more than two-thirds of total export.

Saudi Arabia was also the fastest-growing in terms of the lauryl alcohol, cetyl alcohol, stearyl alcohol and other saturated monohydric alcohols (excluding methyl, propyl and isopropyl, n-butyl, other butanols, octyl) exports, with a CAGR of X% from 2012 to 2023. While the share of Saudi Arabia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) also remains the largest lauryl alcohol, cetyl alcohol, stearyl alcohol and other saturated monohydric alcohols supplier in MENA.

In Saudi Arabia, exports of lauryl alcohol, cetyl alcohol, stearyl alcohol and other saturated monohydric alcohols (excluding methyl, propyl and isopropyl, n-butyl, other butanols, octyl) increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in MENA amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2023, the rate of growth in terms of prices for Saudi Arabia amounted to X% per year.

Imports of Lauryl Alcohol, Cetyl Alcohol, Stearyl Alcohol and Other Saturated Monohydric Alcohols (Excluding Methyl, Propyl and Isopropyl, N-butyl, Other Butanols, Octyl)

Imports in MENA

In 2023, supplies from abroad of lauryl alcohol, cetyl alcohol, stearyl alcohol and other saturated monohydric alcohols (excluding methyl, propyl and isopropyl, n-butyl, other butanols, octyl) decreased by X% to X tons, falling for the fourth consecutive year after three years of growth. Overall, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2023, imports failed to regain momentum.

In value terms, imports of lauryl alcohol, cetyl alcohol, stearyl alcohol and other saturated monohydric alcohols (excluding methyl, propyl and isopropyl, n-butyl, other butanols, octyl) fell notably to $X in 2023. Over the period under review, imports saw a deep contraction. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, the United Arab Emirates (X tons), Israel (X tons) and Egypt (X tons) was the key importer of lauryl alcohol, cetyl alcohol, stearyl alcohol and other saturated monohydric alcohols (excluding methyl, propyl and isopropyl, n-butyl, other butanols, octyl) in MENA, making up X% of total import. Tunisia (X tons) took the next position in the ranking, followed by Turkey (X tons), Saudi Arabia (X tons) and Iran (X tons). All these countries together took approx. X% share of total imports. Jordan (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Israel ($X), the United Arab Emirates ($X) and Turkey ($X) appeared to be the countries with the highest levels of imports in 2023, together accounting for X% of total imports.

In terms of the main importing countries, the United Arab Emirates, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in MENA stood at $X per ton in 2023, with a decrease of X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 an increase of X%. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform