Saudi Arabia: Plaster Market 2025

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

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