Saudi Arabia: Market for Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels 2022

Market Size for Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Saudi Arabia

The Saudi market for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses expanded notably to $X in 2020, picking up by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. Consumption peaked in 2020 and is expected to retain growth in years to come.

Production of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Saudi Arabia

In value terms, production of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses expanded significantly to $X in 2020 estimated in export prices. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. from 2010 to 2020, production growth failed to regain the momentum.

Exports of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Exports from Saudi Arabia

In 2020, exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from Saudi Arabia declined to X square meters, with a decrease of -X% on the year before. In general, exports saw a pronounced curtailment. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Exports peaked at X square meters in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

In value terms, exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses amounted to $X in 2020. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2008; however, from 2009 to 2020, exports remained at a lower figure.

Exports by Country

Kuwait (X square meters) was the main destination for exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from Saudi Arabia, accounting for a X% share of total exports. Moreover, exports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses to Kuwait exceeded the volume sent to the second major destination, Senegal (X square meters), threefold. The third position in this ranking was occupied by Ethiopia (X square meters), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Kuwait amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (+X% per year) and Ethiopia (-X% per year).

In value terms, Kuwait ($X) remains the key foreign market for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was occupied by Bahrain ($X), with a X% share of total exports. It was followed by Senegal, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Kuwait amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (+X% per year) and Senegal (+X% per year).

Export Prices by Country

In 2020, the average export price for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses amounted to $X per square meter, growing by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 when the average export price increased by X% y-o-y. As a result, export price reached the peak level of $X per square meter. from 2010 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Bahrain ($X per square meter), while the average price for exports to Djibouti ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Djibouti, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Imports into Saudi Arabia

In 2020, overseas purchases of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses were finally on the rise to reach X square meters for the first time since 2016, thus ending a three-year declining trend. Overall, imports continue to indicate a resilient increase. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked in 2020 and are likely to continue growth in the near future.

In value terms, imports of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses skyrocketed to $X in 2020. In general, imports posted a prominent expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X% year-to-year. Imports peaked in 2020 and are expected to retain growth in the near future.

Imports by Country

In 2020, China (X square meters) constituted the largest safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels supplier to Saudi Arabia, with a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from China amounted to +X%.

In value terms, China ($X) constituted the largest supplier of safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels to Saudi Arabia.

From 2007 to 2020, the average annual growth rate of value from China totaled +X%.

Import Prices by Country

In 2020, the average import price for safety glass, toughened (tempered), of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses amounted to $X per square meter, leveling off at the previous year. Over the period under review, the import price continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. The import price peaked at $X per square meter in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for China amounted to +X% per year.

Source: IndexBox Platform

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