MENA: Platinum Catalysts Market 2024

Platinum Catalysts Market Size in MENA

The MENA's platinum catalysts market surged to $X in 2022, rising by X% against the previous year. Over the period under review, consumption showed resilient growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Platinum Catalysts Production in MENA

In value terms, platinum catalysts production soared to $X in 2022 estimated in export price. In general, production, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Platinum Catalysts Exports

Exports in MENA

In 2022, the amount of platinum catalysts exported in MENA reduced notably to X tons, falling by X% against the previous year. Overall, exports showed a mild curtailment. 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 tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, platinum catalysts exports declined notably to $X in 2022. In general, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then shrank significantly in the following year.

Exports by Country

Algeria was the key exporter of platinum catalysts in MENA, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2022. It was distantly followed by the United Arab Emirates (X tons) and Turkey (X tons), together making up a X% share of total exports. Egypt (X kg) followed a long way behind the leaders.

Exports from Algeria decreased at an average annual rate of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%) and Turkey (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. By contrast, Egypt (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.), Turkey (X p.p.) and Egypt (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Algeria (X p.p.) displayed negative dynamics.

In value terms, Egypt ($X) remains the largest platinum catalysts supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports. It was followed by Algeria, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Egypt amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (X% per year) and Algeria (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per kg, growing by X% against the previous year. In general, the export price recorded significant growth. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the other leaders experienced more modest paces of growth.

Platinum Catalysts Imports

Imports in MENA

Platinum catalysts imports skyrocketed to X tons in 2022, with an increase of X% compared with 2021. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, platinum catalysts imports declined dramatically to $X in 2022. Overall, imports saw a modest increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then shrank sharply in the following year.

Imports by Country

Turkey was the major importer of platinum catalysts in MENA, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. Iran (X kg) held the second position in the ranking, distantly followed by Saudi Arabia (X kg) and Algeria (X kg). All these countries together took approx. X% share of total imports. Israel (X kg) followed a long way behind the leaders.

Turkey was also the fastest-growing in terms of the platinum catalysts imports, with a CAGR of X% from 2012 to 2022. Israel (X%), Algeria (X%), Iran (X%) and Saudi Arabia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Turkey, Saudi Arabia, Algeria and Israel increased by X, X, X and X percentage points, respectively.

In value terms, the largest platinum catalysts importing markets in MENA were Iran ($X), Israel ($X) and Turkey ($X), together accounting for X% of total imports.

Among the main importing countries, Israel, 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 a decline in the imports figures.

Import Prices by Country

In 2022, the import price in MENA amounted to $X per kg, reducing by X% against the previous year. Over the period under review, the import price, however, showed a buoyant expansion. The growth pace was the most rapid in 2014 when the import price increased by X% against the previous year. The level of import peaked at $X per kg in 2021, and then declined rapidly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Israel ($X per kg), while Algeria ($X per kg) was amongst the lowest.

From 2012 to 2022, 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.

Source: IndexBox Platform

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