Saudi Arabia: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2024

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Saudi Arabia

The Saudi market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders reached $X in 2022, with an increase of X% against the previous year. Overall, consumption enjoyed a strong increase. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Saudi Arabia

In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders dropped modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a prominent expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production of attained the maximum level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports from Saudi Arabia

In 2022, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders from Saudi Arabia contracted significantly to X square meters, declining by X% against the previous year's figure. Over the period under review, exports saw a deep reduction. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked at X square meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders dropped sharply to $X in 2022. In general, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports of attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Jordan (X square meters), Bahrain (X square meters) and Yemen (X square meters) were the main destinations of exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders from Saudi Arabia, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Yemen (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders exported from Saudi Arabia were Jordan ($X), Bahrain ($X) and Hong Kong SAR ($X), together accounting for X% of total exports. Yemen, the United Arab Emirates, Australia, Ghana and Lebanon lagged somewhat behind, together accounting for a further X%.

Yemen, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders amounted to $X per thousand square meters, with an increase of X% against the previous year. Overall, the export price, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per thousand square meters in 2016; however, from 2017 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 Hong Kong SAR ($X per thousand square meters), while the average price for exports to Yemen ($X per thousand square meters) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports into Saudi Arabia

In 2019, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders into Saudi Arabia shrank modestly to X square meters, which is down by X% on the year before. Overall, imports faced a abrupt setback. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, imports attained the peak of X square meters. From 2018 to 2019, the growth of imports of failed to regain momentum.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders fell sharply to $X in 2019. In general, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2017 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2019, imports failed to regain momentum.

Imports by Country

China (X square meters), India (X square meters) and the United Arab Emirates (X square meters) were the main suppliers of imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders to Saudi Arabia, together comprising X% of total imports.

From 2012 to 2019, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders to Saudi Arabia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2019, the average annual growth rate of value from the United Arab Emirates amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and India (X% per year).

Import Prices by Country

In 2019, the average import price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders amounted to $X per square meter, which is down by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. As a result, import price attained the peak level of $X per square meter, and then reduced markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2019, amid the top importers, the country with the highest price was the United Arab Emirates ($X per square meter), while the price for India ($X per square meter) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :