Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Saudi Arabia - 2022

Contents:

1. Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Saudi Arabia (FOB) - 2022
2. Exports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Saudi Arabia

Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Saudi Arabia (FOB) - 2022

In 2022, the average export price for festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses amounted to $0.9 per unit, therefore, remained relatively stable against the previous year. In general, the export price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2015 when the average export price increased by 50% against the previous year. The export price peaked at $7.2 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($3.3 per unit), while the average price for exports to Nigeria ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-0.6%), while the prices for the other major destinations experienced a decline.

Exports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Saudi Arabia

After three years of growth, overseas shipments of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses decreased by -24.1% to 6M units in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 5,012%. The exports peaked at 7.9M units in 2021, and then shrank significantly in the following year.

In value terms, exports of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses declined significantly to $5.5M in 2022. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 2,625%. Over the period under review, the exports of reached the peak figure at $7.3M in 2021, and then fell notably in the following year.

Top Export Markets for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes from Saudi Arabia in 2022:

1. Bahrain (4.6M units)
2. United Kingdom (0.7M units)
3. Nigeria (0.3M units)
4. United Arab Emirates (0.2M units)

Source: IndexBox Market Intelligence Platform