GCC: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced 2024

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in GCC

The GCC market for boards, sheets, panels, tiles and similar articles of plaster not faced soared to $X in 2022, jumping by X% against the previous year. Over the period under review, consumption, however, continues to indicate a perceptible contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in GCC

In value terms, production of boards, sheets, panels, tiles and similar articles of plaster not faced totaled $X in 2022 estimated in export price. The total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production of growth remained at a somewhat lower figure.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Exports in GCC

In 2022, approx. X square meters of boards, sheets, panels, tiles and similar articles of plaster not faced were exported in GCC; reducing by X% compared with the previous year. In general, exports showed a noticeable decline. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked at X square meters in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster not faced fell dramatically to $X in 2022. Over the period under review, exports continue to indicate a pronounced curtailment. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia was the major exporting country with an export of about X square meters, which reached X% of total exports. It was distantly followed by the United Arab Emirates (X square meters), making up a X% share of total exports.

Exports from Saudi Arabia decreased at an average annual rate of X% from 2012 to 2022. The United Arab Emirates (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Saudi Arabia (X p.p.) displayed negative dynamics.

In value terms, the largest board, sheet, panel, tile and similar article of plaster not faced supplying countries in GCC were Saudi Arabia ($X) and the United Arab Emirates ($X).

In terms of the main exporting countries, Saudi Arabia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in GCC amounted to $X per square meter, surging by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per square meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per square meter), while Saudi Arabia amounted to $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%).

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Imports in GCC

In 2022, approx. X square meters of boards, sheets, panels, tiles and similar articles of plaster not faced were imported in GCC; increasing by X% against 2021 figures. Overall, imports, however, showed a noticeable contraction. The pace of growth was the most pronounced in 2018 with an increase of X%. The volume of import peaked at X square meters in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster not faced surged to $X in 2022. In general, imports, however, continue to indicate a slight setback. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates represented the main importer of boards, sheets, panels, tiles and similar articles of plaster not faced in GCC, with the volume of imports reaching X square meters, which was approx. X% of total imports in 2022. Saudi Arabia (X square meters) ranks second in terms of the total imports with a X% share, followed by Bahrain (X%) and Oman (X%).

The United Arab Emirates was also the fastest-growing in terms of the boards, sheets, panels, tiles and similar articles of plaster not faced imports, with a CAGR of X% from 2012 to 2022. Bahrain (X%), Oman (X%) and Saudi Arabia (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Oman (X p.p.), Bahrain (X p.p.) and Saudi Arabia (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported boards, sheets, panels, tiles and similar articles of plaster not faced in GCC, comprising X% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with an X% share of total imports. It was followed by Oman, with a X% share.

In the United Arab Emirates, imports of boards, sheets, panels, tiles and similar articles of plaster not faced expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Saudi Arabia (X% per year) and Oman (X% per year).

Import Prices by Country

The import price in GCC stood at $X per square meter in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. As a result, import price attained the peak level of $X per square meter. From 2018 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Oman ($X per square meter), while Bahrain ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :