Saudi Arabia: Plastic Support Market 2025

Plastic Support Market Size in Saudi Arabia

The Saudi plastic support market stood at $X in 2022, surging by 7.6% against the previous year. The market value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Plastic Support Production in Saudi Arabia

In value terms, plastic support production rose significantly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -6.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by 31% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Plastic Support Exports

Exports from Saudi Arabia

In 2022, after three years of growth, there was decline in shipments abroad of spools, cops and similar supports of plastics, when their volume decreased by -1.4% to X tons. Overall, total exports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +5.0% 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 +39.1% against 2018 indices. The most prominent rate of growth was recorded in 2015 when exports increased by 52%. Over the period under review, the exports reached the maximum at X tons in 2021, and then contracted in the following year.

In value terms, plastic support exports rose significantly to $X in 2022. The total export value increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 when exports increased by 39%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Yemen (X tons), Sudan (X tons) and the United Arab Emirates (X tons) were the main destinations of plastic support exports from Saudi Arabia, together comprising 61% of total exports. Spain, Kuwait, Somalia, Bahrain, Egypt, Oman, Iraq, Algeria, Jordan and Tunisia lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +203.4%), while the other leaders experienced more modest paces of growth.

In value terms, Yemen ($X) remains the key foreign market for spools, cops and similar supports of plastics exports from Saudi Arabia, comprising 28% of total exports. The second position in the ranking was held by Sudan ($X), with a 14% share of total exports. It was followed by the United Arab Emirates, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Yemen stood at +9.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (-0.3% per year) and the United Arab Emirates (+15.3% per year).

Export Prices by Country

In 2022, the average plastic support export price amounted to $X per ton, picking up by 9.1% against the previous year. Overall, the export price, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2018 an increase of 16%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Algeria ($X per ton), while the average price for exports to Spain ($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 Iraq (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Support Imports

Imports into Saudi Arabia

In 2022, after two years of decline, there was significant growth in purchases abroad of spools, cops and similar supports of plastics, when their volume increased by 10% to X tons. Overall, total imports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -25.3% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 19%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, plastic support imports rose remarkably to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 20% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons), China (X tons) and Bahrain (X tons) were the main suppliers of plastic support imports to Saudi Arabia, together accounting for 64% of total imports. Spain, Germany, Turkey, Egypt, Italy, Taiwan (Chinese), India, Jordan and the United States lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +22.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United Arab Emirates ($X) and Bahrain ($X) constituted the largest plastic support suppliers to Saudi Arabia, with a combined 52% share of total imports. Germany, Spain, Turkey, Italy, Egypt, the United States, Jordan, Taiwan (Chinese) and India lagged somewhat behind, together comprising a further 35%.

Spain, with a CAGR of +21.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic support import price stood at $X per ton in 2022, waning by -2.7% against the previous year. Overall, the import price saw a slight decline. The pace of growth was the most pronounced in 2018 an increase of 11% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :