Middle East: Polypropylene Synthetic Staple Market 2020

Polypropylene Synthetic Staple Market Size in Middle East

The revenue of the polypropylene synthetic staple market in Middle East amounted to $X in 2017, growing by X% against the previous year. The polypropylene synthetic staple consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. In that year, the polypropylene synthetic staple market reached their peak level of $X. From 2012 to 2017, growth of the polypropylene synthetic staple market failed to regain its momentum.

Polypropylene Synthetic Staple Production in Middle East

In 2017, the amount of polypropylene synthetic tow and staple produced in Middle East stood at X tons, growing by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013, when the output figure increased by X% against the previous year. The volume of polypropylene synthetic staple production peaked in 2017, and is expected to retain its growth in the near future.

Polypropylene Synthetic Staple Exports in Middle East

In 2017, polypropylene synthetic staple exports in Middle East stood at X tons, leveling off at the previous year. The total exports indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the polypropylene synthetic staple exports increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2012, with an increase of X% against the previous year. The volume of exports peaked of X tons in 2016, and then declined slightly in the following year.

In value terms, polypropylene synthetic staple exports amounted to $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The level of exports peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Polypropylene Synthetic Staple Exports by Country in Middle East

In 2017, Turkey (X tons) represented the major exporter for polypropylene synthetic tow and staple, generating X% of total exports. Saudi Arabia (X tons) ranks second in terms of the global exports with a X% share, followed by Israel (X%) and the United Arab Emirates (X%). Iran (X tons) took the weak share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Israel (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Saudi Arabia ($X) and Israel ($X) were the countries with the highest levels of exports in 2017, together accounting for X% of total exports.

Saudi Arabia (+X% per year) experienced the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Polypropylene Synthetic Staple Export Prices by Country in Middle East

The polypropylene synthetic staple export price in Middle East stood at $X per ton in 2017, jumping by X% against the previous year. The polypropylene synthetic staple export price continues to indicate a measured drop. The pace of growth was the most pronounced in 2011, an increase of X% y-o-y. In that year, the export prices for polypropylene synthetic tow and staple reached their peak level of $X per ton. From 2012 to 2017, growth of the export prices for polypropylene synthetic tow and staple failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Iran ($X per ton), while Israel ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Iran (-X% per year), while the other leaders experienced a decline in the export price figures.

Polypropylene Synthetic Staple Imports in Middle East

In 2017, approx. X tons of polypropylene synthetic tow and staple were imported in Middle East; going up by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. In that year, the polypropylene synthetic staple imports reached their peak volume of X tons. From 2012 to 2017, growth of the polypropylene synthetic staple imports stood at a somewhat lower level.

In value terms, polypropylene synthetic staple imports stood at $X in 2017. The polypropylene synthetic staple imports continue to indicate a relatively flat trend pattern. Over the period under review, the polypropylene synthetic staple imports reached its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Polypropylene Synthetic Staple Imports by Country in Middle East

Turkey was the main importing country with an import of about X tons, which reached X% of total imports. It was distantly followed by Iran (X tons) and Israel (X tons), together achieving X% share of total imports. The following importers - Saudi Arabia (X tons) and Syrian Arab Republic (X tons) each amounted to a X% share of total imports.

Turkey was also the fastest growing in terms of the polypropylene synthetic tow and staple imports, with a CAGR of +X% from 2007 to 2017. At the same time, Israel (+X%) displayed positive paces of growth. Saudi Arabia experienced a relatively flat trend pattern. By contrast, Iran (-X%) and Syrian Arab Republic (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Syrian Arab Republic and Iran increased by X% and X% percentage points, while Israel (-X%) and Turkey (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported polypropylene synthetic tow and staple in Middle East, making up X% of global imports. The second position in the ranking was occupied by Iran ($X), with a X% share of global imports. It was followed by Israel, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Turkey stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Iran (-X% per year) and Israel (+X% per year).

Polypropylene Synthetic Staple Import Prices by Country in Middle East

In 2017, the polypropylene synthetic staple import price in Middle East amounted to $X per ton, picking up by X% against the previous year. The polypropylene synthetic staple import price continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. Over the period under review, the import prices for polypropylene synthetic tow and staple attained its peak figure level of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Saudi Arabia ($X per ton), while Israel ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Saudi Arabia (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform