Saudi Arabia: Hard Plastic Comb Market 2024

Hard Plastic Comb Market Size in Saudi Arabia

The Saudi hard plastic comb market contracted notably to less than $X in 2022, with a decrease of 99.9% against the previous year. In general, consumption continues to indicate a mild decrease. Hard plastic comb consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Hard Plastic Comb Production in Saudi Arabia

In value terms, hard plastic comb production totaled $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. Hard plastic comb production peaked in 2022 and is likely to see gradual growth in the near future.

Hard Plastic Comb Exports

Exports from Saudi Arabia

After two years of growth, shipments abroad of hard rubber or plastic combs decreased by -32.3% to X kg in 2022. Over the period under review, exports saw a sharp reduction. The most prominent rate of growth was recorded in 2015 with an increase of 723% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, hard plastic comb exports dropped rapidly to $X in 2022. Overall, exports recorded a abrupt setback. The growth pace was the most rapid in 2015 with an increase of 1,632%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X kg) was the main destination for hard plastic comb exports from Saudi Arabia, accounting for a 59% share of total exports. Moreover, hard plastic comb exports to Turkey exceeded the volume sent to the second major destination, Ireland (X kg), fourfold. The Czech Republic (X kg) ranked third in terms of total exports with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey totaled +186.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+706.2% per year) and the Czech Republic (+266.7% per year).

In value terms, Turkey ($X) emerged as the key foreign market for hard rubber or plastic combs exports from Saudi Arabia, comprising 76% of total exports. The second position in the ranking was held by Ireland ($X), with a 10% share of total exports. It was followed by France, with a 1.3% share.

From 2012 to 2022, the average annual growth rate of value to Turkey stood at +94.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+507.6% per year) and France (+91.8% per year).

Export Prices by Country

In 2022, the average hard plastic comb export price amounted to $X per ton, reducing by -16.4% against the previous year. In general, the export price, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 an increase of 390%. As a result, the export price reached the peak level of $X per ton, and then contracted markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to the Czech Republic ($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 Yemen (+32.9%), while the prices for the other major destinations experienced more modest paces of growth.

Hard Plastic Comb Imports

Imports into Saudi Arabia

In 2021, approx. X tons of hard rubber or plastic combs were imported into Saudi Arabia; with an increase of 30% compared with 2020. Overall, imports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2019 when imports increased by 68%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, hard plastic comb imports surged to $X in 2021. In general, imports, however, continue to indicate a slight downturn. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest hard plastic comb supplier to Saudi Arabia, accounting for a 68% share of total imports. Moreover, hard plastic comb imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -11.0%.

In value terms, China ($X) constituted the largest supplier of hard rubber or plastic combs to Saudi Arabia, comprising 73% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 22% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled -2.5%.

Import Prices by Country

In 2021, the average hard plastic comb import price amounted to $X per ton, picking up by 19% against the previous year. In general, import price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hard plastic comb import price increased by +65.1% against 2019 indices. The growth pace was the most rapid in 2020 when the average import price increased by 39% against the previous year. The import price peaked in 2021 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Hong Kong SAR totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+18.4%).

Source: IndexBox Platform

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