Saudi Arabia: Market for Floor, Wall Or Ceiling Coverings Of Plastics 2025

Market Size for Floor, Wall Or Ceiling Coverings Of Plastics in Saudi Arabia

After three years of growth, the Saudi market for floor, wall or ceiling coverings of plastics decreased by -9.3% to $X in 2022. In general, consumption, however, enjoyed a buoyant expansion. Consumption of peaked at $X in 2021, and then contracted in the following year.

Exports of Floor, Wall Or Ceiling Coverings Of Plastics

Exports from Saudi Arabia

In 2022, after two years of growth, there was decline in shipments abroad of floor, wall or ceiling coverings of plastics, when their volume decreased by -4.9% to X square meters. In general, exports recorded a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 50% against the previous year. Over the period under review, the exports of reached the peak figure at X square meters in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of floor, wall or ceiling coverings of plastics reduced to $X in 2022. Overall, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 56% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa (X square meters), Egypt (X square meters) and the United Arab Emirates (X square meters) were the main destinations of exports of floor, wall or ceiling coverings of plastics from Saudi Arabia, with a combined 53% share of total exports. Bahrain, Yemen, Kuwait and Jordan lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Jordan (with a CAGR of +57.9%), while the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X) remains the key foreign market for floor, wall or ceiling coverings of plastics exports from Saudi Arabia, comprising 30% of total exports. The second position in the ranking was held by Bahrain ($X), with a 14% share of total exports. It was followed by South Africa, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Egypt stood at -10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (+7.8% per year) and South Africa (-3.5% per year).

Export Prices by Country

In 2022, the average export price for floor, wall or ceiling coverings of plastics amounted to $X per square meter, declining by -4.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2016 when the average export price increased by 23% against the previous year. The export price peaked at $X per square meter in 2021, and then reduced slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($X per square meter), while the average price for exports to South Africa ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Libya (+24.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Floor, Wall Or Ceiling Coverings Of Plastics

Imports into Saudi Arabia

In 2022, supplies from abroad of floor, wall or ceiling coverings of plastics decreased by -12.1% to X square meters for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2019 when imports increased by 55%. Imports peaked at X square meters in 2021, and then reduced in the following year.

In value terms, imports of floor, wall or ceiling coverings of plastics reduced to $X in 2022. Overall, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2019 when imports increased by 37%. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, China (X square meters) constituted the largest plastic floor, wall and ceiling coverings supplier to Saudi Arabia, accounting for a 41% share of total imports. Moreover, imports of floor, wall or ceiling coverings of plastics from China exceeded the figures recorded by the second-largest supplier, Belgium (X square meters), twofold. India (X square meters) ranked third in terms of total imports with a 17% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +26.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+13.1% per year) and India (+31.5% per year).

In value terms, the largest plastic floor, wall and ceiling coverings suppliers to Saudi Arabia were China ($X), Belgium ($X) and Serbia ($X), together comprising 62% of total imports.

In terms of the main suppliers, Serbia, with a CAGR of +33.5%, saw 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

The average import price for floor, wall or ceiling coverings of plastics stood at $X per square meter in 2022, rising by 3.9% against the previous year. Overall, the import price, however, saw a perceptible decrease. The growth pace was the most rapid in 2014 an increase of 9%. As a result, import price attained the peak level of $X per square meter. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per square meter), while the price for India ($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 Luxembourg (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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