Saudi Arabia: Porcelain Technical Ware Market 2024

Porcelain Technical Ware Market Size in Saudi Arabia

The Saudi porcelain technical ware market reduced sharply to $X in 2022, waning by X% against the previous year. In general, consumption, however, recorded a modest increase. As a result, consumption reached the peak level of $X, and then reduced markedly in the following year.

Porcelain Technical Ware Production in Saudi Arabia

In value terms, porcelain technical ware production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Porcelain Technical Ware Exports

Exports from Saudi Arabia

In 2022, approx. X tons of porcelain ceramic wares for laboratory, technical, and chemical use were exported from Saudi Arabia; waning by X% against the previous year. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, porcelain technical ware exports reduced dramatically to $X in 2022. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Bahrain (X tons) was the main destination for porcelain technical ware exports from Saudi Arabia, accounting for a X% share of total exports. Moreover, porcelain technical ware exports to Bahrain exceeded the volume sent to the second major destination, Qatar (X kg), fourfold.

From 2016 to 2022, the average annual growth rate of volume to Bahrain stood at X%.

In value terms, Bahrain ($X) emerged as the key foreign market for porcelain ceramic wares for laboratory, technical, and chemical use exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was taken by Qatar ($X), with a X% share of total exports.

From 2016 to 2022, the average annual rate of growth in terms of value to Bahrain stood at X%.

Export Prices by Country

The average porcelain technical ware export price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Qatar amounted to $X per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (X%).

Porcelain Technical Ware Imports

Imports into Saudi Arabia

In 2022, porcelain technical ware imports into Saudi Arabia declined notably to X tons, shrinking by X% against 2021 figures. In general, imports, however, saw measured growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then contracted dramatically in the following year.

In value terms, porcelain technical ware imports shrank notably to $X in 2022. Over the period under review, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then dropped remarkably in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest porcelain technical ware supplier to Saudi Arabia, accounting for a X% share of total imports. Moreover, porcelain technical ware imports from China exceeded the figures recorded by the second-largest supplier, Bahrain (X tons), more than tenfold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a X% share.

From 2013 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bahrain (X% per year) and the United Arab Emirates (X% per year).

In value terms, China ($X), the United Arab Emirates ($X) and Bahrain ($X) appeared to be the largest porcelain technical ware suppliers to Saudi Arabia, with a combined X% share of total imports.

China, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average porcelain technical ware import price stood at $X per ton in 2022, jumping by X% against the previous year. In general, the import price showed a resilient expansion. As a result, import price reached 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 the United Arab Emirates ($X per ton), while the price for Bahrain ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%).

Source: IndexBox Platform

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