GCC: Drawing Chalk Market 2024

Drawing Chalk Market Size in GCC

The GCC drawing chalk market contracted slightly to $X in 2021, therefore, remained relatively stable against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Drawing Chalk Production in GCC

In value terms, drawing chalk production contracted to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by 15% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Drawing Chalk Exports

Exports in GCC

In 2021, exports of pastels, drawing charcoals, writing or drawing chalks in GCC fell rapidly to X units, dropping by -60.9% against the year before. Over the period under review, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 134%. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, drawing chalk exports fell slightly to $X in 2021. In general, exports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 108% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates dominates exports structure, recording X units, which was near 82% of total exports in 2021. Saudi Arabia (X units) took the second position in the ranking, followed by Kuwait (X units). All these countries together held near 16% share of total exports. Oman (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to drawing chalk exports from the United Arab Emirates stood at -13.7%. At the same time, Kuwait (+44.5%) and Oman (+5.1%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing exporter exported in GCC, with a CAGR of +44.5% from 2012-2021. By contrast, Saudi Arabia (-9.6%) illustrated a downward trend over the same period. While the share of Kuwait (+7.1 p.p.), Saudi Arabia (+2.1 p.p.) and Oman (+1.7 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the United Arab Emirates (-11.4 p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) remains the largest drawing chalk supplier in GCC, comprising 62% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 27% share of total exports. It was followed by Kuwait, with an 8.5% share.

In the United Arab Emirates, drawing chalk exports shrank by an average annual rate of -7.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Saudi Arabia (-2.9% per year) and Kuwait (+38.9% per year).

Export Prices by Country

The export price in GCC stood at $X per unit in 2021, surging by 147% against the previous year. In general, the export price posted a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Saudi Arabia ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.7%), while the other leaders experienced mixed trends in the export price figures.

Drawing Chalk Imports

Imports in GCC

In 2021, the amount of pastels, drawing charcoals, writing or drawing chalks imported in GCC reached X units, increasing by 9.2% compared with the previous year. Over the period under review, imports, however, showed a pronounced decrease. The growth pace was the most rapid in 2013 with an increase of 29%. Over the period under review, imports reached the maximum at X units in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, drawing chalk imports dropped notably to $X in 2021. In general, imports, however, saw a abrupt descent. The growth pace was the most rapid in 2015 with an increase of 63%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United Arab Emirates dominates imports structure, recording X units, which was approx. 80% of total imports in 2021. Qatar (X units) ranks second in terms of the total imports with a 9.8% share, followed by Kuwait (4.7%). Oman (X units) and Bahrain (X units) took a relatively small share of total imports.

Imports into the United Arab Emirates decreased at an average annual rate of -3.5% from 2012 to 2021. At the same time, Kuwait (+14.0%), Oman (+7.2%) and Qatar (+6.7%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in GCC, with a CAGR of +14.0% from 2012-2021. By contrast, Bahrain (-1.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Qatar, Kuwait and Oman increased by +5.3, +3.5 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported pastels, drawing charcoals, writing or drawing chalks in GCC, comprising 80% of total imports. The second position in the ranking was held by Kuwait ($X), with a 10% share of total imports. It was followed by Qatar, with a 3.5% share.

In the United Arab Emirates, drawing chalk imports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kuwait (+14.5% per year) and Qatar (-3.2% per year).

Import Prices by Country

The import price in GCC stood at $X per unit in 2021, with a decrease of -57.1% against the previous year. In general, the import price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2015 when the import price increased by 50% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Kuwait ($X per unit), while Qatar ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform