Report Update Nov 1, 2024

Saudi Arabia - Gypsum Plasters - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Plaster Market 2024

Plaster Market Size in Saudi Arabia

The Saudi plaster market expanded significantly to $X in 2022, rising by 13% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Plaster consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Plaster Production in Saudi Arabia

In value terms, plaster production rose markedly to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 40%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Plaster Exports

Exports from Saudi Arabia

In 2022, approx. X tons of plaster were exported from Saudi Arabia; reducing by -40.8% against 2021 figures. Overall, exports, however, showed a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 441%. As a result, the exports reached the peak of X tons, and then reduced rapidly in the following year.

In value terms, plaster exports shrank significantly to $X in 2022. Over the period under review, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of 426%. The exports peaked at $X in 2021, and then fell markedly in the following year.

Exports by Country

India (X tons), Egypt (X tons) and the United Arab Emirates (X tons) were the main destinations of plaster exports from Saudi Arabia, with a combined 99% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +53.6%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for plaster exported from Saudi Arabia were Egypt ($X), India ($X) and the United Arab Emirates ($X), with a combined 99% share of total exports.

In terms of the main countries of destination, India, with a CAGR of +38.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average plaster export price amounted to $X per ton, surging by 2% against the previous year. In general, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plaster export price decreased by -9.6% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 54% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+14.6%), while the prices for the other major destinations experienced a decline.

Plaster Imports

Imports into Saudi Arabia

Plaster imports into Saudi Arabia soared to X tons in 2014, increasing by 711% compared with the previous year. In general, imports recorded a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, plaster imports surged to $X in 2014. Over the period under review, imports posted a notable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

France (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of plaster imports to Saudi Arabia, with a combined 71% share of total imports.

From 2012 to 2014, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +1.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the United States ($X) and Germany ($X) constituted the largest plaster suppliers to Saudi Arabia, together comprising 68% of total imports.

The United States, with a CAGR of 0.0%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average plaster import price stood at $X per ton in 2014, waning by -49% against the previous year. Over the period under review, the import price recorded a deep downturn. The pace of growth was the most pronounced in 2013 an increase of 59% against the previous year. As a result, import price attained the peak level of $X per ton, and then declined significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2014, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2014, the most notable rate of growth in terms of prices was attained by Germany (-31.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for plaster in the world?

China constituted the country with the largest volume of plaster consumption, comprising approx. 25% of total volume. Moreover, plaster consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. Russia ranked third in terms of total consumption with a 5.5% share.

What are the largest producers of plaster in the world?

China remains the largest plaster producing country worldwide, accounting for 25% of total volume. Moreover, plaster production in China exceeded the figures recorded by the second-largest producer, the United States, fourfold. The third position in this ranking was occupied by Turkey, with a 5.9% share.

What are the leading suppliers of plaster to Saudi Arabia?

In value terms, France, the United States and Germany constituted the largest plaster suppliers to Saudi Arabia, together accounting for 52% of total imports.

What are the leading importers of plaster from Saudi Arabia?

In value terms, Bahrain remains the key foreign market for plaster exports from Saudi Arabia, comprising 44% of total exports. The second position in the ranking was occupied by the UK, with a 15% share of total exports. It was followed by Egypt, with a 13% share.

What is the average export price for plaster in Saudi Arabia?

In 2021, the average plaster export price amounted to $60 per ton, which is down by -30% against the previous year.

What is the average import price for plaster in Saudi Arabia?

In 2014, the average plaster import price amounted to $380 per ton, with a decrease of -1.6% against the previous year.

This report provides an in-depth analysis of the plaster market in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 23522000 - Plasters consisting of calcined gypsum or calcium sulphate (including for use in building, for use in dressing woven fabrics or surfacing paper, for use in dentistry)

Country coverage:

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023