Saudi Arabia - Tableware And Kitchenware Of Wood - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Wood Kitchenware and Tableware in Saudi Arabia - 2021
Contents:
- Price for Wood Kitchenware and Tableware in Saudi Arabia (CIF) - 2022
- Price for Wood Kitchenware and Tableware in Saudi Arabia (FOB) - 2022
- Imports of Wood Kitchenware and Tableware in Saudi Arabia
- Exports of Wood Kitchenware and Tableware in Saudi Arabia
Price for Wood Kitchenware and Tableware in Saudi Arabia (CIF) - 2022
The average wood kitchenware and tableware import price stood at $3,666 per ton in 2021, picking up by 23% against the previous year. Overall, import price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +9.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wood kitchenware and tableware import price increased by +96.3% against 2015 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 33% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.
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 India ($6,690 per ton), while the price for China ($3,545 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood Kitchenware and Tableware in Saudi Arabia (FOB) - 2022
The average wood kitchenware and tableware export price stood at $1,826 per ton in 2022, shrinking by -5.1% against the previous year. In general, the export price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2016 when the average export price increased by 184% against the previous year. Over the period under review, the average export prices attained the maximum at $6,610 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($2,415 per ton), while the average price for exports to South Africa ($205 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 Sudan (+90.0%), while the prices for the other major destinations experienced a decline.
Imports of Wood Kitchenware and Tableware in Saudi Arabia
In 2022, the amount of tableware and kitchenware of wood imported into Saudi Arabia shrank to 5.2K tons, with a decrease of -10.4% on the year before. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 26%.
In value terms, wood kitchenware and tableware imports reduced notably to $18M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 55%. As a result, imports attained the peak of $21M, and then reduced sharply in the following year.
Import of Wood Kitchenware and Tableware in Saudi Arabia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
China | 12.0 | 10.7 | 16.4 | 16.9% | |
India | 1.0 | 0.6 | 1.7 | 30.4% | |
Vietnam | 1.6 | 0.7 | 0.6 | -38.8% | |
Pakistan | 0.3 | N/A | N/A | 0% | |
Others | 2.5 | 1.7 | 2.6 | 2.0% | |
Total | 17.5 | 13.8 | 21.3 | 10.3% |
Top Suppliers of Wood Kitchenware and Tableware to Saudi Arabia in 2022:
- China (4.6K tons)
- India (0.3K tons)
- Vietnam (0.2K tons)
Exports of Wood Kitchenware and Tableware in Saudi Arabia
In 2022, shipments abroad of tableware and kitchenware of wood decreased by -40.6% to 131 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 432% against the previous year. As a result, the exports reached the peak of 220 tons, and then shrank notably in the following year.
In value terms, wood kitchenware and tableware exports plummeted to $239K in 2022. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 688%. As a result, the exports attained the peak of $424K, and then shrank rapidly in the following year.
Export of Wood Kitchenware and Tableware in Saudi Arabia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 0.1 | N/A | 1.6 | 102 | 906.6% |
Canada | N/A | N/A | N/A | 16.3 | 0% |
Czech Republic | N/A | N/A | N/A | 0.9 | 0% |
Belgium | N/A | N/A | N/A | 0.6 | 0% |
South Africa | N/A | N/A | 0.1 | 0.5 | 400.0% |
Oman | 47.6 | 52.0 | 360 | N/A | 175.0% |
Others | 1.9 | 1.8 | 62.3 | 119 | 297.1% |
Total | 49.5 | 53.8 | 424 | 239 | 69.0% |
Top Export Markets for Wood Kitchenware and Tableware from Saudi Arabia in 2022:
- France (42.3 tons)
- Canada (22.7 tons)
- Belgium (2.8 tons)
- South Africa (2.2 tons)
- Czech Republic (1.7 tons)
This report provides an in-depth analysis of the market for wood kitchenware and tableware 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 16291200 - Tableware and kitchenware of wood
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
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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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