Saudi Arabia - Spools, Cops And Similar Supports Of Plastics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Support Price in Saudi Arabia - 2021
Contents:
- Plastic Support Price in Saudi Arabia (CIF) - 2022
- Plastic Support Price in Saudi Arabia (FOB) - 2022
- Plastic Support Imports in Saudi Arabia
- Plastic Support Exports in Saudi Arabia
Plastic Support Price in Saudi Arabia (CIF) - 2022
In 2022, the average plastic support import price amounted to $3,863 per ton, falling by -2.7% against the previous year. Overall, the import price recorded a mild curtailment. The pace of growth was the most pronounced in 2018 when the average import price increased by 11% against the previous year. Over the period under review, average import prices reached the maximum at $4,561 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($11,219 per ton), while the price for the United Arab Emirates ($2,616 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.
Plastic Support Price in Saudi Arabia (FOB) - 2022
In 2022, the average plastic support export price amounted to $2,529 per ton, increasing by 9.1% against the previous year. Over the period under review, the export price, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 16%. The export price peaked at $3,574 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($6,138 per ton), while the average price for exports to Spain ($1,621 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 in Saudi Arabia
In 2022, overseas purchases of spools, cops and similar supports of plastics were finally on the rise to reach 19K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt curtailment.
In value terms, plastic support imports rose significantly to $74M in 2022. Over the period under review, imports, however, showed a abrupt decline.
| Import of Plastic Support in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 24.7 | 20.5 | 18.7 | 18.5 | -9.2% |
| United Arab Emirates | 22.0 | 15.8 | 10.7 | 14.1 | -13.8% |
| Bahrain | 5.4 | 4.7 | 6.5 | 5.7 | 1.8% |
| Germany | 8.2 | 4.8 | 5.1 | 5.2 | -14.1% |
| Spain | 5.7 | 4.4 | 5.0 | 4.4 | -8.3% |
| Turkey | 4.0 | 3.4 | N/A | 3.5 | -4.4% |
| Italy | 3.3 | 5.0 | 3.5 | 3.4 | 1.0% |
| Egypt | 1.7 | 1.9 | 2.8 | 2.5 | 13.7% |
| Taiwan (Chinese) | 2.6 | 1.6 | 1.3 | 1.6 | -14.9% |
| Jordan | 2.5 | 2.2 | 1.0 | 1.6 | -13.8% |
| India | 1.9 | 1.2 | 1.5 | 1.3 | -11.9% |
| Others | 20.0 | 13.3 | 12.7 | 11.8 | -16.1% |
| Total | 102 | 78.8 | 68.5 | 73.6 | -10.3% |
Top Suppliers of Plastic Support to Saudi Arabia in 2022:
- United Arab Emirates (5.4K tons)
- China (4.8K tons)
- Bahrain (2.0K tons)
- Spain (1.0K tons)
- Germany (0.9K tons)
- Turkey (0.8K tons)
- Egypt (0.7K tons)
- Italy (0.6K tons)
- Taiwan (Chinese) (0.4K tons)
- Jordan (0.4K tons)
- India (0.4K tons)
Plastic Support Exports in Saudi Arabia
After three years of growth, shipments abroad of spools, cops and similar supports of plastics decreased by -1.4% to 16K tons in 2022. The total export volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 6.6% against the previous year.
In value terms, plastic support exports expanded markedly to $40M in 2022. The total export value increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 21%. As a result, the exports attained the peak of $43M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Plastic Support in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Yemen | 8.2 | 10.4 | 11.6 | 11.0 | 10.3% |
| Sudan | 11.2 | 4.1 | 2.5 | 5.4 | -21.6% |
| United Arab Emirates | 2.4 | 8.7 | 3.2 | 4.3 | 21.5% |
| Algeria | 0.3 | 0.8 | 3.3 | 3.1 | 117.8% |
| Egypt | 3.4 | 3.0 | 2.6 | 2.7 | -7.4% |
| Iraq | 0.6 | 5.3 | 1.1 | 2.2 | 54.2% |
| Kuwait | 1.2 | 1.0 | 2.0 | 1.9 | 16.6% |
| Oman | 1.5 | 1.9 | 1.5 | 1.5 | 0.0% |
| Spain | 0.1 | 1.8 | 1.5 | 1.4 | 141.0% |
| Bahrain | 1.7 | 1.3 | 1.1 | 1.3 | -8.6% |
| Jordan | 1.0 | 0.8 | 1.1 | 1.1 | 3.2% |
| Somalia | 0.6 | 0.6 | 1.1 | 1.1 | 22.4% |
| Tunisia | 0.4 | 0.9 | 0.9 | 0.9 | 31.0% |
| Others | 2.8 | 1.9 | 3.4 | 2.1 | -9.1% |
| Total | 35.3 | 42.6 | 37.0 | 39.8 | 4.1% |
Top Export Markets for Plastic Support from Saudi Arabia in 2022:
- Yemen (5.0K tons)
- Sudan (2.6K tons)
- United Arab Emirates (1.9K tons)
- Spain (0.9K tons)
- Kuwait (0.7K tons)
- Bahrain (0.6K tons)
- Iraq (0.6K tons)
- Oman (0.6K tons)
- Egypt (0.6K tons)
- Somalia (0.6K tons)
- Algeria (0.5K tons)
- Jordan (0.4K tons)
- Tunisia (0.3K tons)
This report provides an in-depth analysis of the plastic support 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 22221910 - Spools, cops, bobbins and similar supports, of plastics
- Prodcom 22221920 - Plastic caps and capsules for bottles
- Prodcom 22221930 - Plastic stoppers, lids, caps and other closures (excluding for bottles)
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
-
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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