GCC: Modelling Pastes Market 2025

Modelling Pastes Market Size in GCC

For the third consecutive year, the GCC modelling pastes market recorded growth in sales value, which increased by 1.2% to $X in 2021. In general, consumption showed a buoyant increase. The level of consumption peaked in 2021 and is expected to retain growth in the immediate term.

Modelling Pastes Production in GCC

In value terms, modelling pastes production shrank remarkably to $X in 2021 estimated in export price. In general, production, however, recorded significant growth. The growth pace was the most rapid in 2015 with an increase of 358%. The level of production peaked at $X in 2020, and then fell rapidly in the following year.

Modelling Pastes Exports

Exports in GCC

In 2021, the amount of modelling pastes, dental wax and dental impression compounds exported in GCC declined remarkably to X tons, shrinking by -41% against the previous year. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 99% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, modelling pastes exports fell notably to $X in 2021. In general, exports saw a noticeable descent. The most prominent rate of growth was recorded in 2017 with an increase of 123% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, the United Arab Emirates (X tons) was the largest exporter of modelling pastes, dental wax and dental impression compounds, making up 82% of total exports. It was distantly followed by Saudi Arabia (X tons), making up a 17% share of total exports.

The United Arab Emirates experienced a relatively flat trend pattern with regard to volume of exports of modelling pastes, dental wax and dental impression compounds. At the same time, Saudi Arabia (+19.8%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in GCC, with a CAGR of +19.8% from 2012-2021. From 2012 to 2021, the share of Saudi Arabia increased by +14 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest modelling pastes supplier in GCC, comprising 78% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 16% share of total exports.

In the United Arab Emirates, modelling pastes exports shrank by an average annual rate of -5.6% over the period from 2012-2021.

Export Prices by Country

The export price in GCC stood at $X per ton in 2021, picking up by 23% against the previous year. Over the period under review, the export price, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2018 an increase of 35% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, among the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (-0.3%).

Modelling Pastes Imports

Imports in GCC

In 2021, supplies from abroad of modelling pastes, dental wax and dental impression compounds was finally on the rise to reach X tons after three years of decline. Total imports indicated a moderate expansion from 2012 to 2021: its volume increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 73%. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, modelling pastes imports soared to $X in 2021. Total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +83.1% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Saudi Arabia (X tons) and the United Arab Emirates (X tons) dominates imports structure, together making up 90% of total imports. Kuwait (X tons), Bahrain (X tons), Oman (X tons) and Qatar (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Qatar (with a CAGR of +20.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Kuwait ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 91% of total imports. These countries were followed by Qatar, Bahrain and Oman, which together accounted for a further 8.9%.

In terms of the main importing countries, Bahrain, with a CAGR of +15.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in GCC amounted to $X per ton, approximately equating the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2019 when the import price increased by 32% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, among the top suppliers, the country with the highest price was Qatar ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bahrain (+4.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform