Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Saudi Arabia - 2022

Contents:

1. Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Saudi Arabia (FOB) - 2022
2. Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Saudi Arabia (CIF) - 2022
3. Exports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Saudi Arabia
4. Imports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Saudi Arabia

Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Saudi Arabia (FOB) - 2022

The average export price for laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds stood at $23,430 per ton in 2021, declining by -12.4% against the previous year. In general, the export price, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2013 an increase of 184%. Over the period under review, the average export prices hit record highs at $26,741 per ton in 2020, and then dropped in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Bahrain ($13,473 per ton), while the average price for exports to Qatar ($1,630 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+4,291.8%), while the prices for the other major destinations experienced a decline.

Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Saudi Arabia (CIF) - 2022

In 2021, the average import price for laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds amounted to $8,556 per ton, waning by -18.8% against the previous year. Overall, the import price, however, saw notable growth. The growth pace was the most rapid in 2013 when the average import price increased by 149% against the previous year. Over the period under review, average import prices hit record highs at $18,865 per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($42,657 per ton), while the price for China ($5,477 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+30.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Saudi Arabia

For the third year in a row, Saudi Arabia recorded decline in overseas shipments of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds, which decreased by -78.7% to 252 kg in 2022. Overall, exports recorded a sharp downturn. The smallest decline of -47.8% was in 2020.

In value terms, exports of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds declined dramatically to $6.8K in 2022. In general, exports showed a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 0.4% against the previous year. As a result, the exports reached the peak of $92K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated from Saudi Arabia in 2022:

1. Qatar (2.2 tons)
2. United Arab Emirates (1.8 tons)
3. Bahrain (0.8 tons)
4. Kuwait (0.3 tons)

Imports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Saudi Arabia

In 2021, after two years of growth, there was significant decline in overseas purchases of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds, when their volume decreased by -25.1% to 340 tons. Overall, imports, however, posted a resilient expansion. The growth pace was the most rapid in 2020 when imports increased by 88% against the previous year. As a result, imports reached the peak of 453 tons, and then contracted remarkably in the following year.

In value terms, imports of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds contracted notably to $2.9M in 2021. In general, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 27%. As a result, imports reached the peak of $4.8M, and then fell markedly in the following year.

Top Suppliers of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated to Saudi Arabia in 2022:

1. China (85.9 tons)
2. Germany (15.8 tons)
3. United States (13.0 tons)

Source: IndexBox Market Intelligence Platform