Saudi Arabia: Market for Scouring Pastes And Powders 2024

Market Size for Scouring Pastes And Powders in Saudi Arabia

In 2021, the Saudi scouring pastes and powders market increased by 1.8% to $X, rising for the seventh consecutive year after two years of decline. In general, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +112.8% against 2014 indices. Scouring pastes and powders consumption peaked in 2021 and is likely to continue growth in the near future.

Production of Scouring Pastes And Powders in Saudi Arabia

In value terms, scouring pastes and powders production totaled $X in 2021 estimated in export price. Over the period under review, the total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -0.5% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 39%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Scouring Pastes And Powders

Exports from Saudi Arabia

In 2021, overseas shipments of scouring pastes and powders decreased by -35.9% to X tons, falling for the third year in a row after two years of growth. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 2,807%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, scouring pastes and powders exports contracted remarkably to $X in 2021. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 3,119% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Lebanon (X tons) was the main destination for scouring pastes and powders exports from Saudi Arabia, with a 81% share of total exports. Moreover, scouring pastes and powders exports to Lebanon exceeded the volume sent to the second major destination, Oman (X tons), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Lebanon totaled +33.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+54.7% per year) and Kuwait (-18.1% per year).

In value terms, Lebanon ($X) remains the key foreign market for scouring pastes and powders exports from Saudi Arabia, comprising 91% of total exports. The second position in the ranking was held by Oman ($X), with a 7.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Lebanon amounted to +36.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+59.4% per year) and Kuwait (-12.1% per year).

Export Prices by Country

The average scouring pastes and powders export price stood at $X per ton in 2021, growing by 14% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.6%. The export price peaked at $X per ton in 2014; afterwards, it flattened through to 2021.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Lebanon ($X per ton), while the average price for exports to Oman ($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 Kuwait (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Scouring Pastes And Powders

Imports into Saudi Arabia

After two years of growth, overseas purchases of scouring pastes and powders decreased by -50.3% to X tons in 2014. In general, imports recorded a sharp decline. The growth pace was the most rapid in 2013 with an increase of 1.7%. As a result, imports attained the peak of X tons, and then declined remarkably in the following year.

In value terms, scouring pastes and powders imports shrank significantly to $X in 2014. Over the period under review, imports recorded a sharp setback. The smallest decline of -10% was in 2013. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2014, imports failed to regain momentum.

Imports by Country

In 2014, Jordan (X tons) constituted the largest supplier of scouring pastes and powders to Saudi Arabia, accounting for a 86% share of total imports. Moreover, scouring pastes and powders imports from Jordan exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold.

From 2012 to 2014, the average annual rate of growth in terms of volume from Jordan amounted to -22.8%.

In value terms, Jordan ($X) constituted the largest supplier of scouring pastes and powders to Saudi Arabia, comprising 59% of total imports. The second position in the ranking was taken by the United States ($X), with an 18% share of total imports.

From 2012 to 2014, the average annual rate of growth in terms of value from Jordan totaled -19.1%.

Import Prices by Country

In 2014, the average scouring pastes and powders import price amounted to $X per ton, increasing by 27% against the previous year. Over the period from 2012 to 2014, it increased at an average annual rate of +5.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Jordan ($X per ton) was amongst the lowest.

From 2012 to 2014, the most notable rate of growth in terms of prices was attained by Jordan (+4.1%).

Source: IndexBox Platform

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