Saudi Arabia: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Saudi Arabia

The Saudi market for self-adhesive plastic tape in rolls of a width under 20cm fell to $X in 2022, which is down by -7.6% against the previous year. The market value increased at an average annual rate of +4.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Saudi Arabia

In value terms, production of self-adhesive plastic tape in rolls of a width under 20cm fell to $X in 2022 estimated in export price. In general, the total production indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +16.7% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by 59% against the previous year. Production of peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Saudi Arabia

In 2022, the amount of self-adhesive plastic tape in rolls of a width under 20cm exported from Saudi Arabia fell remarkably to X tons, dropping by -21.6% against the previous year. In general, exports showed a abrupt setback. The pace of growth was the most pronounced in 2017 with an increase of 139%. Over the period under review, the exports of attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm reduced sharply to $X in 2022. Over the period under review, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 132% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Algeria (X tons), Tunisia (X tons) and Spain (X tons) were the main destinations of exports of self-adhesive plastic tape in rolls of a width under 20cm from Saudi Arabia, together accounting for 44% of total exports. Egypt, Italy, Poland, Morocco, the UK, the Netherlands, Sudan, Lebanon, France and the United States lagged somewhat behind, together comprising a further 49%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +38.7%), while the other leaders experienced more modest paces of growth.

In value terms, Algeria ($X), Tunisia ($X) and Spain ($X) appeared to be the largest markets for self-adhesive plastic tape in rolls of a width under 20cm exported from Saudi Arabia worldwide, together accounting for 43% of total exports. Italy, Egypt, Morocco, Sudan, the UK, Poland, the Netherlands, France, Lebanon and the United States lagged somewhat behind, together comprising a further 48%.

In terms of the main countries of destination, Italy, with a CAGR of +42.0%, saw 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

The average export price for self-adhesive plastic tape in rolls of a width under 20cm stood at $X per ton in 2022, shrinking by -8.7% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 31% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sudan ($X per ton), while the average price for exports to Poland ($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 Italy (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Saudi Arabia

In 2022, purchases abroad of self-adhesive plastic tape in rolls of a width under 20cm was finally on the rise to reach X tons after two years of decline. In general, imports, however, continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2019 when imports increased by 32% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm expanded markedly to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 13%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), the United Arab Emirates (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of imports of self-adhesive plastic tape in rolls of a width under 20cm to Saudi Arabia, with a combined 66% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +7.7%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the United Arab Emirates ($X), China ($X) and the United States ($X) appeared to be the largest self-adhesive plastic tape in rolls of a width under 20cm suppliers to Saudi Arabia, together accounting for 60% of total imports.

The United Arab Emirates, with a CAGR of +23.2%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, with a decrease of -11% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2021 an increase of 38% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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