Key Market Indicators
Saudi Arabia's benzene exports are expected to hit 550 million kilograms by 2026, up from 404 million kilograms in 2021. This marks an average annual growth of 5%. Since 1996, Saudi supply has skyrocketed 132%. In 2021, the country came in 8th place, overtaken by the UK at 404 million kilograms. India, Germany, and Japan took 2nd, 3rd and 4th place respectively. Meanwhile, Saudi benzene imports are projected to reach 776 million kilograms by 2026, up from 675 million kilograms in 2021. This marks a compound annual growth rate of 2.1%. Since 1996, Saudi demand has risen 5.1% year-on-year. In 2021, the country placed 5th, overtaken by the Netherlands at 675 million kilograms. The US, Belgium, and the Netherlands took 2nd, 3rd and 4th place respectively.