Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Saudi Arabia - 2022
Contents:
- Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Saudi Arabia (FOB) - 2022
- Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Saudi Arabia
Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Saudi Arabia (FOB) - 2022
The average export price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $5,403 per ton in 2021, growing by 74% against the previous year. Over the period under review, the export price showed tangible growth. The export price peaked at $9,667 per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($13,266 per ton), while the average price for exports to Jordan ($2,714 per ton) was amongst the lowest.
From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+61.5%), while the prices for the other major destinations experienced a decline.
Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Saudi Arabia
In 2022, exports of footwear; parts, outer soles and heels, of rubber or plasticses from Saudi Arabia declined significantly to 8.7 tons, which is down by -56.1% on the year before. In general, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 87% against the previous year. As a result, the exports attained the peak of 20 tons, and then declined notably in the following year.
In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses dropped sharply to $82K in 2022. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 225% against the previous year. As a result, the exports attained the peak of $107K, and then dropped rapidly in the following year.
| Export of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| United Arab Emirates | 9.7 | 50.5 | 420.6% | ||
| Jordan | N/A | 42.7 | 0% | ||
| Bahrain | 5.4 | 6.6 | 22.2% | ||
| Kuwait | 17.9 | 4.4 | -75.4% | ||
| Turkey | N/A | 3.1 | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 33.0 | 107 | 224.2% | ||
Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from Saudi Arabia in 2022:
- Jordan (15.7 tons)
- United Arab Emirates (3.8 tons)
- Bahrain (1.2 tons)
- Turkey (0.8 tons)
- Kuwait (0.4 tons)
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