

The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Overall, the total production indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. In value terms, LCD or LED indicator panel production expanded markedly to $X in 2021 estimated in export price. Production of Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD) in Saudi Arabia Consumption peaked at $X in 2019 however, from 2020 to 2021, consumption remained at a lower figure. Based on 2021 figures, consumption decreased by -3.7% against 2019 indices.

In general, the total consumption indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine-year period. The Saudi market for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) expanded modestly to $X in 2021, rising by 4% against the previous year. Saudi Arabia: Market for Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD) 2023 Market Size for Indicator Panels Incorporating Liquid Crystal Devices (LCD) Or Light Emitting Diodes (LCD) in Saudi Arabia
