Saudi Arabia - Statuettes And Other Ornamental Articles Of Plastic - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Ornamental Articles Price in Saudi Arabia - 2021
Contents:
- Plastic Ornamental Articles Price in Saudi Arabia (CIF) - 2022
- Plastic Ornamental Articles Price in Saudi Arabia (FOB) - 2022
- Plastic Ornamental Articles Imports in Saudi Arabia
- Plastic Ornamental Articles Exports in Saudi Arabia
Plastic Ornamental Articles Price in Saudi Arabia (CIF) - 2022
The average plastic ornamental articles import price stood at $4,553 per ton in 2021, growing by 12% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, plastic ornamental articles import price increased by +63.3% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 22%. The import price peaked in 2021 and is likely to see steady growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2021, the rate of growth in terms of prices for China amounted to +7.0% per year.
Plastic Ornamental Articles Price in Saudi Arabia (FOB) - 2022
The average plastic ornamental articles export price stood at $5,092 per ton in 2022, rising by 17% against the previous year. Overall, the export price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 77% against the previous year. The export price peaked at $13,906 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($19,224 per ton), while the average price for exports to Denmark ($737 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 Qatar (+23.7%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Ornamental Articles Imports in Saudi Arabia
For the third consecutive year, Saudi Arabia recorded growth in overseas purchases of statuettes and other ornamental articles of plastic, which increased by 30% to 4.7K tons in 2021. Overall, total imports indicated a significant expansion from 2019 to 2021: its volume increased at an average annual rate of +26.9% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +60.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, plastic ornamental articles imports skyrocketed to $21M in 2021. In general, total imports indicated significant growth from 2019 to 2021: its value increased at an average annual rate of +27.8% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +63.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Plastic Ornamental Articles in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 11.6 | 12.1 | 18.9 | 27.6% | |
| Others | 1.5 | 2.6 | 2.5 | 29.1% | |
| Total | 13.1 | 14.7 | 21.4 | 27.8% | |
Top Suppliers of Plastic Ornamental Articles to Saudi Arabia in 2022:
- China (4.5K tons)
Plastic Ornamental Articles Exports in Saudi Arabia
After three years of growth, overseas shipments of statuettes and other ornamental articles of plastic decreased by -27.5% to 20 tons in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. As a result, the exports attained the peak of 28 tons, and then fell remarkably in the following year.
In value terms, plastic ornamental articles exports fell markedly to $104K in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +18.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 44% against the previous year. As a result, the exports reached the peak of $122K, and then shrank rapidly in the following year.
| Export of Plastic Ornamental Articles in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | N/A | N/A | N/A | 29.8 | 0% |
| Germany | N/A | N/A | N/A | 24.5 | 0% |
| France | N/A | 0.7 | 8.6 | 6.1 | 195.2% |
| Netherlands | 1.0 | 1.3 | 0.2 | 2.5 | 35.7% |
| Denmark | N/A | N/A | N/A | 1.3 | 0% |
| Portugal | N/A | N/A | N/A | 0.7 | 0% |
| India | N/A | N/A | N/A | 0.4 | 0% |
| Kuwait | 11.1 | 0.9 | 22.1 | N/A | 41.1% |
| United Arab Emirates | 2.8 | 64.7 | 9.7 | N/A | 86.1% |
| Senegal | N/A | N/A | 0.9 | N/A | 0% |
| Morocco | 4.7 | N/A | N/A | N/A | 0% |
| Oman | 19.6 | 15.1 | 66.0 | N/A | 83.5% |
| Singapore | 7.1 | N/A | N/A | N/A | 0% |
| Others | 15.3 | 2.0 | 14.8 | 38.2 | 35.7% |
| Total | 61.5 | 84.8 | 122 | 104 | 19.1% |
Top Export Markets for Plastic Ornamental Articles from Saudi Arabia in 2022:
- Bahrain (9.3 tons)
- Denmark (1.8 tons)
- Germany (1.3 tons)
- Netherlands (0.6 tons)
- France (0.6 tons)
- Portugal (0.5 tons)
- India (0.3 tons)
This report provides an in-depth analysis of the plastic ornamental articles market in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22292620 - Statuettes and other ornamental articles of plastic (including photograph, picture and similar frames)
Country coverage:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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