GCC: Market for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster 2024

Market Size for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in GCC

In 2022, the GCC market for boards, sheets, panels, or tiles of gypsum or plaster decreased by X% to $X, falling for the third year in a row after four years of growth. The total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in GCC

In value terms, production of boards, sheets, panels, or tiles of gypsum or plaster contracted modestly to $X in 2022 estimated in export price. The total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Exports in GCC

In 2022, the amount of boards, sheets, panels, or tiles of gypsum or plaster exported in GCC contracted slightly to X square meters, flattening at the previous year's figure. Overall, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The volume of export peaked at X square meters in 2021, and then declined in the following year.

In value terms, exports of boards, sheets, panels, or tiles of gypsum or plaster expanded slightly to $X in 2022. In general, exports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.

Exports by Country

Saudi Arabia (X square meters) and Oman (X square meters) represented roughly X% of total exports in 2022. It was distantly followed by the United Arab Emirates (X square meters), constituting a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Oman (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest board, sheet, panel, tile and similar article of plaster supplying countries in GCC were Oman ($X), Saudi Arabia ($X) and the United Arab Emirates ($X), together accounting for X% of total exports.

Oman, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in GCC amounted to $X per square meter, rising by X% against the previous year. Overall, the export price, however, showed a slight descent. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. The level of export peaked at $X per square meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per square meter), while Saudi Arabia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the other leaders experienced a decline in the export price figures.

Imports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Imports in GCC

In 2022, purchases abroad of boards, sheets, panels, or tiles of gypsum or plaster increased by X% to X square meters for the first time since 2019, thus ending a two-year declining trend. Total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The volume of import peaked at X square meters in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of boards, sheets, panels, or tiles of gypsum or plaster skyrocketed to $X in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X square meters) and Qatar (X square meters) represented the main importers of boards, sheets, panels, or tiles of gypsum or plaster in GCC, together constituting X% of total imports. It was distantly followed by Oman (X square meters), Bahrain (X square meters), Saudi Arabia (X square meters) and Kuwait (X square meters), together mixing up a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Qatar (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Qatar ($X) and Oman ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

The United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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

In 2022, the import price in GCC amounted to $X per square meter, picking up by X% against the previous year. Overall, the import price, however, showed a noticeable downturn. The growth pace was the most rapid in 2017 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per square meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the United Arab Emirates ($X per square meter), while Bahrain ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform