Commercial Printing Price in Saudi Arabia - 2021

Contents:

1. Commercial Printing Price in Saudi Arabia (CIF) - 2022
2. Commercial Printing Price in Saudi Arabia (FOB) - 2022
3. Commercial Printing Imports in Saudi Arabia
4. Commercial Printing Exports in Saudi Arabia

Commercial Printing Price in Saudi Arabia (CIF) - 2022

In 2022, the average commercial printing import price amounted to $6,525 per ton, increasing by 9.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 29% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

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 the United States ($23,415 per ton), while the price for Indonesia ($1,581 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+28.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Commercial Printing Price in Saudi Arabia (FOB) - 2022

The average commercial printing export price stood at $3,554 per ton in 2022, rising by 11% against the previous year. Overall, the export price, however, saw a abrupt slump. The pace of growth was the most pronounced in 2013 when the average export price increased by 40% against the previous year. As a result, the export price reached the peak level of $12,311 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($9,592 per ton), while the average price for exports to Djibouti ($933 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 Bahrain (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Commercial Printing Imports in Saudi Arabia

For the third consecutive year, Saudi Arabia recorded decline in purchases abroad of commercial printing (except screen and books), which decreased by -27.9% to 20K tons in 2022. Over the period under review, imports faced a abrupt contraction. The smallest decline of -9.1% was in 2020.

In value terms, commercial printing imports shrank remarkably to $128M in 2022. Overall, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 3.2%. As a result, imports attained the peak of $162M, and then dropped rapidly in the following year.

Top Suppliers of Commercial Printing to Saudi Arabia in 2022:

1. China (3.8K tons)
2. Lebanon (3.5K tons)
3. United Arab Emirates (2.9K tons)
4. Egypt (2.4K tons)
5. United States (1.3K tons)
6. Malaysia (1.2K tons)
7. United Kingdom (0.9K tons)

Commercial Printing Exports in Saudi Arabia

In 2022, after three years of growth, there was significant decline in shipments abroad of commercial printing (except screen and books), when their volume decreased by -18.7% to 4.5K tons. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +8.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +29.2% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 41%. As a result, the exports attained the peak of 5.6K tons, and then fell markedly in the following year.

In value terms, commercial printing exports shrank to $16M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 19% against the previous year. As a result, the exports reached the peak of $18M, and then shrank in the following year.

Top Export Markets for Commercial Printing from Saudi Arabia in 2022:

1. Egypt (916.8 tons)
2. United Arab Emirates (553.4 tons)
3. Kuwait (542.9 tons)
4. Lebanon (311.8 tons)
5. Turkey (294.6 tons)
6. Bahrain (226.7 tons)
7. Jordan (205.2 tons)
8. Djibouti (131.7 tons)
9. United Kingdom (126.8 tons)
10. Niger (124.5 tons)
11. India (123.3 tons)
12. Ghana (82.2 tons)
13. United States (77.8 tons)

Source: IndexBox Market Intelligence Platform