Saudi Arabia: Market for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster 2024

Market Size for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in Saudi Arabia

The Saudi market for boards, sheets, panels, or tiles of gypsum or plaster shrank modestly to $X in 2022, reducing by X% against the previous year. In general, consumption, however, saw a tangible increase. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in Saudi Arabia

In value terms, production of boards, sheets, panels, or tiles of gypsum or plaster shrank slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a measured increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Production of peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Exports from Saudi Arabia

In 2022, exports of boards, sheets, panels, or tiles of gypsum or plaster from Saudi Arabia declined slightly to X square meters, flattening at 2021 figures. Overall, total exports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports of attained the peak figure at X square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of boards, sheets, panels, or tiles of gypsum or plaster dropped slightly to $X in 2022. In general, total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Jordan (X square meters), the United Arab Emirates (X square meters) and Bahrain (X square meters) were the main destinations of exports of boards, sheets, panels, or tiles of gypsum or plaster from Saudi Arabia, with a combined X% share of total exports. South Africa, India, Egypt and Lebanon lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Africa (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for board, sheet, panel, tile and similar article of plaster exported from Saudi Arabia were Jordan ($X), the United Arab Emirates ($X) and Bahrain ($X), together accounting for X% of total exports. South Africa, India, Egypt and Lebanon lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, South Africa, with a CAGR of X%, recorded the highest growth rate of 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 2022, the average export price for boards, sheets, panels, or tiles of gypsum or plaster amounted to $X per square meter, falling by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per square meter, and then reduced in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($X per square meter), while the average price for exports to South Africa ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Imports into Saudi Arabia

In 2022, supplies from abroad of boards, sheets, panels, or tiles of gypsum or plaster was finally on the rise to reach X square meters for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt decline. Imports peaked at X square meters in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, imports of boards, sheets, panels, or tiles of gypsum or plaster soared to $X in 2022. Over the period under review, imports, however, saw a abrupt contraction. Over the period under review, imports of attained the peak figure at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X square meters) constituted the largest supplier of board, sheet, panel, tile and similar article of plaster to Saudi Arabia, accounting for a X% share of total imports. Moreover, imports of boards, sheets, panels, or tiles of gypsum or plaster from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X square meters), fivefold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Germany (X% per year).

In value terms, China ($X) constituted the largest supplier of boards, sheets, panels, or tiles of gypsum or plaster to Saudi Arabia, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The average import price for boards, sheets, panels, or tiles of gypsum or plaster stood at $X per square meter in 2022, with a decrease of X% against the previous year. Over the period under review, the import price continues to indicate a mild setback. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per square meter, and then dropped markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per square meter), while the price for the United Arab Emirates ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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