Saudi Arabia: Market for Gypsum, Anhydrite And Limestone 2024

Market Size for Gypsum, Anhydrite And Limestone in Saudi Arabia

The Saudi gypsum, anhydrite and limestone market skyrocketed to $X in 2021, rising by 35% against the previous year. Overall, consumption posted a temperate increase. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Production of Gypsum, Anhydrite And Limestone in Saudi Arabia

In value terms, gypsum, anhydrite and limestone production soared to $X in 2021 estimated in export price. Over the period under review, production showed a tangible increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by 72% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Gypsum, Anhydrite And Limestone

Exports from Saudi Arabia

In 2021, exports of gypsum, anhydrite and limestone from Saudi Arabia shrank remarkably to X tons, with a decrease of -46.5% on 2020. In general, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2014 when exports increased by 37% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, gypsum, anhydrite and limestone exports contracted remarkably to $X in 2021. Overall, exports saw a deep slump. The pace of growth appeared the most rapid in 2019 when exports increased by 55%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Spain (X tons), Jordan (X tons) and Yemen (X tons) were the main destinations of gypsum, anhydrite and limestone exports from Saudi Arabia, together accounting for 97% of total exports.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +657.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) emerged as the key foreign market for gypsum, anhydrite and limestone exports from Saudi Arabia, comprising 110% of total exports. The second position in the ranking was held by Yemen ($X), with a 14% share of total exports. It was followed by Jordan, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Spain amounted to +242.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Yemen (-2.1% per year) and Jordan (-15.8% per year).

Export Prices by Country

In 2021, the average gypsum, anhydrite and limestone export price amounted to $X per ton, jumping by 23% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2019 when the average export price increased by 32%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Somalia (+9.7%), while the prices for the other major destinations experienced a decline.

Imports of Gypsum, Anhydrite And Limestone

Imports into Saudi Arabia

In 2016, approx. X tons of gypsum, anhydrite and limestone were imported into Saudi Arabia; waning by -5.9% compared with the year before. In general, imports showed a sharp downturn. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2016, imports remained at a lower figure.

In value terms, gypsum, anhydrite and limestone imports declined to $X in 2016. Overall, imports showed a sharp slump. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2016, imports failed to regain momentum.

Imports by Country

France (X tons), Egypt (X tons) and Jordan (X tons) were the main suppliers of gypsum, anhydrite and limestone imports to Saudi Arabia, with a combined 38% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Egypt (with a CAGR of +63.7%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Egypt ($X), France ($X) and Jordan ($X) appeared to be the largest gypsum, anhydrite and limestone suppliers to Saudi Arabia, with a combined 38% share of total imports.

Among the main suppliers, Egypt, with a CAGR of +63.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average gypsum, anhydrite and limestone import price stood at less than $X per ton in 2021, approximately mirroring the previous year. Over the period under review, the import price posted a resilient increase. The growth pace was the most rapid in 2014 when the average import price increased by 51% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, 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 China ($X per ton), while the price for Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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