Saudi Arabia: Ceramic Tile Market 2024

Ceramic Tile Market Size in Saudi Arabia

In 2022, the Saudi ceramic tile market decreased by X% to $X, falling for the second year in a row after three years of growth. Overall, consumption showed a relatively flat trend pattern. Ceramic tile consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Ceramic Tile Production in Saudi Arabia

In value terms, ceramic tile production soared to $X in 2022 estimated in export price. In general, the total production indicated a noticeable increase 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 increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, production attained the maximum level in 2022 and is likely to continue growth in years to come.

Ceramic Tile Exports

Exports from Saudi Arabia

In 2022, ceramic tile exports from Saudi Arabia fell to X square meters, with a decrease of X% on 2021. Overall, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X square meters in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, ceramic tile exports expanded notably to $X in 2022. In general, exports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Jordan (X square meters) was the main destination for ceramic tile exports from Saudi Arabia, accounting for a X% share of total exports. Moreover, ceramic tile exports to Jordan exceeded the volume sent to the second major destination, Bahrain (X square meters), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Jordan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (X% per year) and the United States (X% per year).

In value terms, Jordan ($X) remains the key foreign market for ceramic tiles exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was held by Bahrain ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Jordan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average ceramic tile export price amounted to $X per square meter, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. 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 2022, amid the top suppliers, the country with the highest price was the United States ($X per square meter), while the average price for exports to Jordan ($X per square meter) was amongst the lowest.

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

Ceramic Tile Imports

Imports into Saudi Arabia

In 2022, supplies from abroad of ceramic tiles decreased by X% to X square meters, falling for the second year in a row after two years of growth. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports reached the peak figure at X square meters in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, ceramic tile imports shrank to $X in 2022. Over the period under review, imports saw a noticeable decrease. The pace of growth was the most pronounced in 2020 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

India (X square meters), Spain (X square meters) and China (X square meters) were the main suppliers of ceramic tile imports to Saudi Arabia, together comprising X% of total imports. Italy, Egypt and Bahrain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Bahrain (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest ceramic tile suppliers to Saudi Arabia were Spain ($X), India ($X) and Italy ($X), together accounting for X% of total imports. China, Egypt and Bahrain lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Bahrain, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average ceramic tile import price stood at $X per square meter in 2022, surging by X% against the previous year. Over the period under review, import price indicated a pronounced increase 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, ceramic tile import price increased by X% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per square meter), while the price for India ($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 China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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