Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Saudi Arabia - 2022
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Saudi Arabia (CIF) - 2022
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Saudi Arabia (FOB) - 2022
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Saudi Arabia
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Saudi Arabia
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Saudi Arabia (CIF) - 2022
In 2022, the average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $2,087 per ton, falling by -6.4% against the previous year. Overall, the import price saw a abrupt setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 29% against the previous year. Over the period under review, average import prices reached the peak figure at $3,971 per ton in 2012; however, from 2013 to 2022, 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 the United States ($4,571 per ton), while the price for India ($1,292 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Saudi Arabia (FOB) - 2022
In 2022, the average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $2,650 per ton, standing approx. at the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 27%. As a result, the export price attained the peak level of $3,051 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
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 South Africa ($3,629 per ton), while the average price for exports to Jordan ($956 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 (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Saudi Arabia
In 2022, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) into Saudi Arabia totaled 20K tons, with an increase of 3.6% compared with 2021. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 9.1% against the previous year. As a result, imports reached the peak of 21K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) dropped modestly to $42M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 6.5% against the previous year. As a result, imports reached the peak of $44M, and then dropped slightly in the following year.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 8.6 | 7.9 | 10.5 | 10.0 | 5.2% |
| Italy | 6.9 | 7.7 | 9.5 | 9.1 | 9.7% |
| France | 3.8 | 3.6 | 4.3 | 4.1 | 2.6% |
| United States | 5.7 | 4.3 | 2.7 | 4.0 | -11.1% |
| China | 2.2 | 5.2 | 3.7 | 3.6 | 17.8% |
| Egypt | 3.7 | 2.9 | 2.5 | 2.9 | -7.8% |
| India | 1.5 | 1.4 | 1.0 | 1.2 | -7.2% |
| Others | 9.6 | 8.0 | 9.3 | 7.6 | -7.5% |
| Total | 41.9 | 41.1 | 43.7 | 42.4 | 0.4% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Saudi Arabia in 2022:
- United Arab Emirates (7.1K tons)
- Italy (5.0K tons)
- China (2.3K tons)
- France (1.0K tons)
- India (0.9K tons)
- United States (0.9K tons)
- Egypt (0.8K tons)
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Saudi Arabia
In 2022, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) from Saudi Arabia expanded significantly to 5K tons, growing by 11% against 2021 figures. Over the period under review, exports, however, showed a noticeable slump.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) rose markedly to $13M in 2022. In general, exports, however, continue to indicate a perceptible decrease.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 1.6 | 3.9 | 3.4 | 2.8 | 20.5% |
| Pakistan | 0.3 | 0.2 | 2.0 | 1.7 | 78.3% |
| Angola | 2.4 | 1.4 | 1.7 | 1.5 | -14.5% |
| Kuwait | 2.3 | 2.3 | 0.8 | 1.4 | -15.3% |
| Yemen | 0.6 | 0.9 | 1.3 | 1.0 | 18.6% |
| Algeria | 1.6 | 1.0 | 1.1 | 1.0 | -14.5% |
| Lebanon | 1.0 | 1.0 | 0.5 | 0.7 | -11.2% |
| United Arab Emirates | 0.8 | 1.5 | 0.1 | 0.6 | -9.1% |
| Bahrain | 0.6 | 0.6 | 0.6 | 0.5 | -5.9% |
| South Africa | 1.3 | 0.1 | 0.6 | 0.5 | -27.3% |
| Jordan | 0.1 | 0.2 | 0.5 | 0.4 | 58.7% |
| India | 0.4 | 0.6 | 0.2 | 0.3 | -9.1% |
| Oman | 0.1 | 0.2 | 0.2 | 0.1 | 0.0% |
| Others | 1.5 | 0.7 | -0.8 | 0.8 | -18.9% |
| Total | 14.6 | 14.5 | 12.2 | 13.3 | -3.1% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Saudi Arabia in 2022:
- Kuwait (1091.2 tons)
- Egypt (844.0 tons)
- Pakistan (514.8 tons)
- Angola (498.5 tons)
- Jordan (386.9 tons)
- Yemen (381.2 tons)
- Algeria (297.7 tons)
- United Arab Emirates (196.7 tons)
- Lebanon (190.7 tons)
- South Africa (150.6 tons)
- Bahrain (133.9 tons)
- Oman (118.4 tons)
- India (90.2 tons)
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This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in Saudi Arabia.
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Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
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Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
