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Saudi Arabia - Plastic Parts For Lamps And Lighting Fittings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLamp Plastic Parts Price in Saudi Arabia - 2021
Contents:
- Lamp Plastic Parts Price in Saudi Arabia (CIF) - 2022
- Lamp Plastic Parts Price in Saudi Arabia (FOB) - 2022
- Lamp Plastic Parts Imports in Saudi Arabia
- Lamp Plastic Parts Exports in Saudi Arabia
Lamp Plastic Parts Price in Saudi Arabia (CIF) - 2022
In 2022, the average lamp plastic parts import price amounted to $6,209 per ton, dropping by -10.3% against the previous year. Overall, the import price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 71% against the previous year. As a result, import price attained the peak level of $9,108 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($18,985 per ton), while the price for Egypt ($4,173 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Lamp Plastic Parts Price in Saudi Arabia (FOB) - 2022
In 2022, the average lamp plastic parts export price amounted to $19,755 per ton, growing by 38% against the previous year. In general, the export price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 68%. Over the period under review, the average export prices hit record highs at $22,512 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($66,714 per ton), while the average price for exports to Nigeria ($1,420 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 the United Arab Emirates (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.
Lamp Plastic Parts Imports in Saudi Arabia
In 2022, approx. 1.4K tons of plastic parts for lamps and lighting fittings were imported into Saudi Arabia; waning by -16.8% against 2021 figures. In general, imports, however, saw perceptible growth. The most prominent rate of growth was recorded in 2021 when imports increased by 167% against the previous year. As a result, imports attained the peak of 1.6K tons, and then contracted significantly in the following year.
In value terms, lamp plastic parts imports fell rapidly to $8.4M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 103% against the previous year. As a result, imports reached the peak of $11M, and then fell rapidly in the following year.
Import of Lamp Plastic Parts in Saudi Arabia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.6 | 1.6 | 7.6 | 4.9 | 2.1% |
Italy | 0.5 | 0.4 | 1.0 | 0.7 | 11.9% |
Egypt | N/A | 0.3 | N/A | 0.2 | -18.4% |
Jordan | N/A | N/A | 0.3 | N/A | 0% |
Others | 3.2 | 3.2 | 2.3 | 2.7 | -5.5% |
Total | 8.4 | 5.5 | 11.2 | 8.4 | 0.0% |
Top Suppliers of Lamp Plastic Parts to Saudi Arabia in 2022:
- China (1112.6 tons)
- Egypt (45.6 tons)
- Italy (35.5 tons)
Lamp Plastic Parts Exports in Saudi Arabia
In 2022, after three years of growth, there was significant decline in overseas shipments of plastic parts for lamps and lighting fittings, when their volume decreased by -55.4% to 2.8 tons. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 374%. As a result, the exports attained the peak of 6.3 tons, and then reduced markedly in the following year.
In value terms, lamp plastic parts exports dropped sharply to $56K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 334%. As a result, the exports reached the peak of $91K, and then reduced rapidly in the following year.
Export of Lamp Plastic Parts in Saudi Arabia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sudan | 12.8 | 11.7 | 74.5 | 41.8 | 48.4% |
United Arab Emirates | 5.2 | 7.8 | 6.2 | 10.7 | 27.2% |
Nigeria | 0.7 | 0.6 | 2.9 | 1.4 | 26.0% |
Djibouti | 0.2 | 0.1 | 1.6 | 0.7 | 51.8% |
Gambia | N/A | N/A | 0.9 | N/A | 0% |
Others | 1.0 | 0.7 | 4.6 | 1.1 | 3.2% |
Total | 19.9 | 20.9 | 90.6 | 55.7 | 40.9% |
Top Export Markets for Lamp Plastic Parts from Saudi Arabia in 2022:
- Sudan (1441.0 kg)
- Nigeria (971.0 kg)
- United Arab Emirates (268.0 kg)
- Djibouti (77.0 kg)
This report provides an in-depth analysis of the lamp plastic parts market in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22292400 - Plastic parts for lamps, lighting fittings and illuminated signs and name-plates
Country coverage:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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