Saudi Arabia: Concrete Tile Market 2024

Concrete Tile Market Size in Saudi Arabia

The Saudi concrete tile market totaled $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, saw a slight reduction. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Concrete Tile Production in Saudi Arabia

In value terms, concrete tile production expanded modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a slight curtailment. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

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Concrete Tile Exports

Exports from Saudi Arabia

In 2022, shipments abroad of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2015 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, concrete tile exports contracted significantly to $X in 2022. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bahrain (X tons) was the main destination for concrete tile exports from Saudi Arabia, with a X% share of total exports. Moreover, concrete tile exports to Bahrain exceeded the volume sent to the second major destination, Jordan (X tons), threefold. The third position in this ranking was taken by Kuwait (X tons), with a X% share.

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

In value terms, Jordan ($X), Bahrain ($X) and the United Arab Emirates ($X) constituted the largest markets for concrete tile exported from Saudi Arabia worldwide, with a combined X% share of total exports.

Jordan, 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 concrete tile export price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price, however, posted a measured expansion. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then reduced sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Bahrain ($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 Iraq (X%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete Tile Imports

Imports into Saudi Arabia

In 2022, overseas purchases of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone were finally on the rise to reach X tons after three years of decline. Overall, imports, however, showed a abrupt descent. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, concrete tile imports reduced to $X in 2022. In general, imports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest concrete tile supplier to Saudi Arabia, accounting for a X% share of total imports. Moreover, concrete tile imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Jordan (X tons), threefold. Spain (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Jordan (X% per year) and Spain (X% per year).

In value terms, the largest concrete tile suppliers to Saudi Arabia were the United Arab Emirates ($X), China ($X) and Spain ($X), together accounting for X% of total imports.

In terms of the main suppliers, Spain, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average concrete tile import price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price, however, saw a modest expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Jordan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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