Report Update Nov 1, 2024

Saudi Arabia - Hygienic or Pharmaceutical Articles of Rubber - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Pharmaceutical Rubber Articles Market 2024

Pharmaceutical Rubber Articles Market Size in Saudi Arabia

After four years of growth, the Saudi pharmaceutical rubber articles market decreased by -12.6% to $X in 2021. Overall, consumption, however, recorded a strong increase. Over the period under review, the market attained the maximum level at $X in 2020, and then contracted in the following year.

Pharmaceutical Rubber Articles Production in Saudi Arabia

In value terms, pharmaceutical rubber articles production reduced to $X in 2021 estimated in export price. Overall, production, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by 96%. Pharmaceutical rubber articles production peaked at $X in 2020, and then shrank in the following year.

Pharmaceutical Rubber Articles Exports

Exports from Saudi Arabia

In 2021, approx. X units of hygienic or pharmaceutical articles of rubber were exported from Saudi Arabia; with a decrease of -9.7% against 2020 figures. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 618% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, pharmaceutical rubber articles exports skyrocketed to $X in 2021. In general, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2014 when exports increased by 351% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Yemen (X units), Sudan (X units) and Germany (X units) were the main destinations of pharmaceutical rubber articles exports from Saudi Arabia, together accounting for 90% of total exports.

From 2012 to 2021, the biggest increases were recorded for Yemen (with a CAGR of +34.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sudan ($X), Yemen ($X) and Germany ($X) appeared to be the largest markets for pharmaceutical rubber articles exported from Saudi Arabia worldwide, with a combined 92% share of total exports.

In terms of the main countries of destination, Yemen, with a CAGR of +37.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average pharmaceutical rubber articles export price amounted to $X per unit, with an increase of 35% against the previous year. Over the period under review, the export price continues to indicate noticeable growth. The most prominent rate of growth was recorded in 2018 an increase of 55%. The export price peaked at $X per unit in 2013; afterwards, it flattened through to 2021.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Kuwait ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+68.8%), while the prices for the other major destinations experienced more modest paces of growth.

Pharmaceutical Rubber Articles Imports

Imports into Saudi Arabia

Pharmaceutical rubber articles imports into Saudi Arabia was estimated at less than X units in 2021, flattening at the previous year. Overall, imports showed a relatively flat trend pattern.

In value terms, pharmaceutical rubber articles imports surged to $X in 2021. Over the period under review, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2015 when imports increased by 41%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hygienic or pharmaceutical articles of rubber in the world?

The countries with the highest volumes of pharmaceutical rubber articles consumption in 2020 were China, the UK and the U.S., together comprising 49% of global consumption. India, Japan, Germany, Indonesia, Mexico, Qatar, South Korea and France lagged somewhat behind, together comprising a further 30%.

What are the largest producers of hygienic or pharmaceutical articles of rubber in the world?

China constituted the country with the largest volume of pharmaceutical rubber articles production, accounting for 31% of total volume. Moreover, pharmaceutical rubber articles production in China exceeded the figures recorded by the second-largest producer, the U.S., twofold. India ranked third in terms of total production with a 11% share.

What are the leading suppliers of hygienic or pharmaceutical articles of rubber to Saudi Arabia?

In value terms, the largest pharmaceutical rubber articles suppliers to Saudi Arabia were Singapore, Brazil and China, together accounting for 59% of total imports. These countries were followed by Italy, the U.S., Taiwan Chinese) and India, which together accounted for a further 23%.

What is the average export price for hygienic or pharmaceutical articles of rubber in Saudi Arabia?

In 2020, the average pharmaceutical rubber articles export price amounted to $4.1 per unit, surging by 8.7% against the previous year.

What is the average import price for hygienic or pharmaceutical articles of rubber in Saudi Arabia?

In 2010, the average pharmaceutical rubber articles import price amounted to $14 per unit, waning by -5.7% against the previous year.

This report provides an in-depth analysis of the pharmaceutical rubber articles 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 22197130 - Hygienic or pharmaceutical articles of rubber (excluding sheath contraceptives)

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