Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Saudi Arabia - 2022
Contents:
- Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Saudi Arabia (FOB) - 2022
- Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Saudi Arabia (CIF) - 2022
- Exports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Saudi Arabia
- Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Saudi Arabia
Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Saudi Arabia (FOB) - 2022
The average export price for glass; unworked, in balls (other than microspheres of heading no. 7018) stood at $1,009 per ton in 2021, picking up by 40% against the previous year. Over the period under review, export price indicated a significant expansion from 2020 to 2021: its price increased at an average annual rate of +40.0% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Yemen ($1,060 per ton), while the average price for exports to Bahrain totaled $799 per ton.
From 2020 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (-0.1%).
Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Saudi Arabia (CIF) - 2022
The average import price for glass; unworked, in balls (other than microspheres of heading no. 7018) stood at $1,780 per ton in 2021, declining by -83.3% against the previous year. Overall, the import price, however, recorded a prominent increase. The growth pace was the most rapid in 2019 when the average import price increased by 62% against the previous year. Over the period under review, average import prices hit record highs at $36,174 per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($81,286 per ton), while the price for Oman ($231 per ton) was amongst the lowest.
From 2015 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+0.9%).
Exports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Saudi Arabia
In 2022, approx. 1.6 tons of glass; unworked, in balls (other than microspheres of heading no. 7018) were exported from Saudi Arabia; dropping by -5.7% on the year before. Over the period under review, exports saw a dramatic shrinkage.
In value terms, exports of glass; unworked, in balls (other than microspheres of heading no. 7018) declined sharply to $1.4K in 2022. In general, exports showed a dramatic curtailment.
| Export of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| Bahrain | 4.8 | 1.6 | -66.7% | ||
| Yemen | N/A | 0.2 | 0% | ||
| Spain | 4.7 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 9.5 | 1.8 | -81.1% | ||
Top Export Markets for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) from Saudi Arabia in 2022:
- Bahrain (2.0 tons)
- Yemen (0.1 tons)
Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Saudi Arabia
For the third year in a row, Saudi Arabia recorded growth in purchases abroad of glass; unworked, in balls (other than microspheres of heading no. 7018), which increased by 429% to 585 tons in 2021. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of glass; unworked, in balls (other than microspheres of heading no. 7018) fell to $1M in 2021. The total import value increased at an average annual rate of +6.8% from 2019 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 29%. As a result, imports reached the peak of $1.2M, and then dropped in the following year.
| Import of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 28.8 | 117 | 570 | 344.9% | |
| Austria | 577 | 924 | 137 | -51.3% | |
| Oman | N/A | N/A | 4.6 | 0% | |
| Others | 308 | 138 | 329 | 3.4% | |
| Total | 913 | 1,179 | 1,042 | 6.8% | |
Top Suppliers of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) to Saudi Arabia in 2022:
- China (1127.9 tons)
- Oman (20.0 tons)
- Austria (1.7 tons)
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