Saudi Arabia: Luggage Market 2025

Luggage Market Size in Saudi Arabia

The Saudi luggage market was estimated at $X in 2021, standing approx. at the previous year. In general, consumption showed a perceptible decrease. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Luggage Production in Saudi Arabia

In value terms, luggage production contracted markedly to $X in 2021 estimated in export price. Overall, production saw a dramatic shrinkage. Luggage production peaked at $X in 2020, and then declined significantly in the following year.

Luggage Exports

Exports from Saudi Arabia

In 2021, exports of luggage and handbags from Saudi Arabia shrank to X tons, with a decrease of -8.5% compared with 2020. In general, exports recorded a abrupt contraction. The growth pace was the most rapid in 2020 when exports increased by 138% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, luggage exports reduced notably to $X in 2021. Overall, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 103% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Yemen (X tons) was the main destination for luggage exports from Saudi Arabia, accounting for a 60% share of total exports. Moreover, luggage exports to Yemen exceeded the volume sent to the second major destination, Oman (X tons), ninefold. The United Arab Emirates (X tons) ranked third in terms of total exports with a 5.9% share.

From 2012 to 2021, the average annual growth rate of volume to Yemen stood at -11.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+25.5% per year) and the United Arab Emirates (-0.4% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for luggage and handbags exports from Saudi Arabia, comprising 13% of total exports. The second position in the ranking was taken by Oman ($X), with a 5% share of total exports. It was followed by Yemen, with a 4.5% share.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates stood at +24.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+28.3% per year) and Yemen (-20.1% per year).

Export Prices by Country

In 2021, the average luggage export price amounted to $X per ton, falling by -31.4% against the previous year. Overall, the export price, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2018 an increase of 74% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Yemen ($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 the United Arab Emirates (+24.5%), while the prices for the other major destinations experienced more modest paces of growth.

Luggage Imports

Imports into Saudi Arabia

In 2021, approx. X tons of luggage and handbags were imported into Saudi Arabia; with a decrease of -5.1% against the year before. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2019 when imports increased by 43%. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, luggage imports expanded notably to $X in 2021. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 25%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) was the main supplier of luggage to Saudi Arabia, with a approx. 94% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -8.4%.

In value terms, China ($X) constituted the largest supplier of luggage and handbags to Saudi Arabia.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -4.5%.

Import Prices by Country

In 2021, the average luggage import price amounted to $X per ton, increasing by 16% against the previous year. In general, the import price continues to indicate prominent growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 42%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +4.2% per year.

Source: IndexBox Platform

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