GCC: Wallpaper Market 2024

Wallpaper Market Size in GCC

The GCC wallpaper market declined remarkably to $X in 2022, which is down by X% against the previous year. Overall, consumption recorded a mild curtailment. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Wallpaper Production in GCC

In value terms, wallpaper production contracted modestly to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume increased by X,600% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Wallpaper Exports

Exports in GCC

Wallpaper exports contracted significantly to X tons in 2022, reducing by X% compared with 2021. In general, exports continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of export peaked at X tons in 2021, and then contracted significantly in the following year.

In value terms, wallpaper exports dropped notably to $X in 2022. Overall, exports, however, posted strong growth. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then declined markedly in the following year.

Exports by Country

The United Arab Emirates was the major exporter of wallpaper and wall coverings in GCC, with the volume of exports accounting for X tons, which was near X% of total exports in 2022. It was distantly followed by Kuwait (X tons), mixing up an X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to wallpaper exports from the United Arab Emirates stood at X%. At the same time, Kuwait (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of the United Arab Emirates and Kuwait increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest wallpaper supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by Kuwait ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates stood at X%.

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, remaining constant against the previous year. Over the period under review, the export price, however, recorded a prominent expansion. The growth pace was the most rapid in 2021 an increase of X%. As a result, the export price reached the peak level of $X per ton, leveling off in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while the United Arab Emirates totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%).

Wallpaper Imports

Imports in GCC

In 2022, the amount of wallpaper and wall coverings imported in GCC fell rapidly to X tons, waning by X% compared with 2021 figures. In general, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, wallpaper imports shrank significantly to $X in 2022. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United Arab Emirates represented the main importer of wallpaper and wall coverings in GCC, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. It was distantly followed by Kuwait (X tons), Bahrain (X tons), Qatar (X tons) and Oman (X tons), together generating a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Bahrain (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the United Arab Emirates ($X), Kuwait ($X) and Qatar ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, Kuwait, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in GCC stood at $X per ton in 2022, surging by X% against the previous year. Import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wallpaper import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kuwait ($X per ton), while Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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