GCC: Drawing Chalk Market 2024

Drawing Chalk Market Size in GCC

The GCC drawing chalk market declined dramatically to $X in 2022, with a decrease of X% against the previous year. In general, consumption, however, faced a abrupt setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Drawing Chalk Production in GCC

In value terms, drawing chalk production soared to $X in 2022 estimated in export price. Overall, production continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by X,300% against the previous year. The level of production peaked in 2022 and is likely to see gradual growth in the near future.

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Drawing Chalk Exports

Exports in GCC

In 2022, drawing chalk exports in GCC soared to X tons, jumping by X% against the previous year's figure. Overall, exports posted strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, drawing chalk exports soared to $X in 2022. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the one major exporters of pastels, drawing charcoals, writing or drawing chalks, namely the United Arab Emirates, represented more than two-thirds of total export.

The United Arab Emirates was also the fastest-growing in terms of the pastels, drawing charcoals, writing or drawing chalks exports, with a CAGR of X% from 2012 to 2022. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) also remains the largest drawing chalk supplier in GCC.

In the United Arab Emirates, drawing chalk exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, surging by X% against the previous year. Export price indicated a strong expansion from 2012 to 2022: its price 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, drawing chalk export price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Drawing Chalk Imports

Imports in GCC

In 2022, overseas purchases of pastels, drawing charcoals, writing or drawing chalks increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, drawing chalk imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a deep downturn. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates dominates imports structure, recording X tons, which was near X% of total imports in 2022. It was distantly followed by Saudi Arabia (X tons) and Kuwait (X tons), together comprising a X% share of total imports. Oman (X tons), Qatar (X tons) and Bahrain (X tons) followed a long way behind the leaders.

The United Arab Emirates experienced a relatively flat trend pattern with regard to volume of imports of pastels, drawing charcoals, writing or drawing chalks. At the same time, Oman (X%), Qatar (X%) and Bahrain (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. By contrast, Kuwait (X%) and Saudi Arabia (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.), Oman (X p.p.), Qatar (X p.p.), Kuwait (X p.p.) and Bahrain (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Saudi Arabia (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Kuwait ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Qatar, Bahrain and Oman lagged somewhat behind, together accounting for a further X%.

Oman, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in GCC amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, recorded a mild decline. The most prominent rate of growth was recorded in 2015 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Saudi Arabia ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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