Saudi Arabia: Market for Ceramic Wares For Laboratory Or Technical Uses 2024

Market Size for Ceramic Wares For Laboratory Or Technical Uses in Saudi Arabia

In 2022, after five years of growth, there was significant decline in the Saudi market for ceramic wares for laboratory or technical uses, when its value decreased by -12.8% to $X. Overall, consumption, however, enjoyed strong growth. Consumption of peaked at $X in 2021, and then fell in the following year.

Exports of Ceramic Wares For Laboratory Or Technical Uses

Exports from Saudi Arabia

After two years of decline, shipments abroad of ceramic wares for laboratory or technical uses decreased by -40.1% to X kg in 2021. In general, exports continue to indicate a precipitous shrinkage. The pace of growth was the most pronounced in 2014 when exports increased by 4.9% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of ceramic wares for laboratory or technical uses reduced markedly to $X in 2021. Overall, exports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2014 when exports increased by 32% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X kg), Oman (X kg) and Bahrain (X kg) were the main destinations of exports of ceramic wares for laboratory or technical uses from Saudi Arabia.

From 2013 to 2021, the biggest increases were recorded for Oman (with a CAGR of +15,900.0%), while shipments for the other leaders experienced a decline.

In value terms, Oman ($X), the United Arab Emirates ($X) and Bahrain ($X) appeared to be the largest markets for ceramic wares for laboratory or technical uses exported from Saudi Arabia worldwide.

In terms of the main countries of destination, Oman, with a CAGR of +62.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for ceramic wares for laboratory or technical uses stood at $X per ton in 2021, waning by -4.9% against the previous year. In general, the export price, however, enjoyed a tangible increase. The pace of growth was the most pronounced in 2015 an increase of 41% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+7.7%), while the prices for the other major destinations experienced a decline.

Imports of Ceramic Wares For Laboratory Or Technical Uses

Imports into Saudi Arabia

After three years of growth, overseas purchases of ceramic wares for laboratory or technical uses decreased by -18.3% to X tons in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 254% against the previous year. Over the period under review, imports of hit record highs at X tons in 2021, and then dropped rapidly in the following year.

In value terms, imports of ceramic wares for laboratory or technical uses reduced modestly to $X in 2022. Over the period under review, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2019 when imports increased by 73% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest ceramic wares for laboratory or technical uses supplier to Saudi Arabia, accounting for a 69% share of total imports. Moreover, imports of ceramic wares for laboratory or technical uses from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +27.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+18.4% per year) and the United States (-8.4% per year).

In value terms, China ($X) constituted the largest supplier of ceramic wares for laboratory or technical uses to Saudi Arabia, comprising 57% of total imports. The second position in the ranking was taken by the United States ($X), with a 12% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled +29.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.0% per year) and Germany (+6.8% per year).

Import Prices by Country

In 2022, the average import price for ceramic wares for laboratory or technical uses amounted to $X per ton, picking up by 19% against the previous year. Over the period under review, the import price, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 70% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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