Saudi Arabia: Ceramic Household Article Market 2024

Ceramic Household Article Market Size in Saudi Arabia

The Saudi ceramic household article market dropped dramatically to less than $X in 2022, reducing by X% against the previous year. In general, consumption, however, showed a mild descent. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Ceramic Household Article Production in Saudi Arabia

In value terms, ceramic household article production stood at less than $X in 2022 estimated in export price. In general, production saw a abrupt descent. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Ceramic household article production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Ceramic Household Article Exports

Exports from Saudi Arabia

In 2022, after two years of growth, there was significant decline in shipments abroad of ceramic household articles and toilet articles, when their volume decreased by X% to X tons. Over the period under review, exports showed a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, ceramic household article exports shrank markedly to $X in 2022. Overall, exports, however, showed a modest expansion. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons), Bahrain (X tons) and Oman (X tons) were the main destinations of ceramic household article exports from Saudi Arabia, with a combined X% share of total exports. Nigeria, Kuwait and Ethiopia lagged somewhat behind, together comprising a further X%.

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

In value terms, the United Arab Emirates ($X), Bahrain ($X) and Oman ($X) were the largest markets for ceramic household article exported from Saudi Arabia worldwide, together accounting for X% of total exports. Kuwait, Ethiopia and Nigeria lagged somewhat behind, together comprising a further X%.

Ethiopia, with a CAGR of X%, recorded the highest growth rate of 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 ceramic household article export price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price, however, showed a resilient expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by X%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Nigeria ($X per ton) was amongst the lowest.

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

Ceramic Household Article Imports

Imports into Saudi Arabia

In 2021, ceramic household article imports into Saudi Arabia fell to X tons, with a decrease of X% against the previous year. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, ceramic household article imports stood at $X in 2021. Overall, total imports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) was the main ceramic household article supplier to Saudi Arabia, accounting for a approx. X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of ceramic household articles and toilet articles to Saudi Arabia.

From 2012 to 2021, the average annual growth rate of value from China totaled X%.

Import Prices by Country

The average ceramic household article import price stood at $X per ton in 2021, rising by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 when the average import price increased by X%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :