Dredgers Price in Saudi Arabia - 2021

Contents:

1. Dredgers Price in Saudi Arabia (FOB) - 2022
2. Dredgers Price in Saudi Arabia (CIF) - 2022
3. Dredgers Exports in Saudi Arabia
4. Dredgers Imports in Saudi Arabia

Dredgers Price in Saudi Arabia (FOB) - 2022

In 2021, the average dredgers export price amounted to $9,424,345 per unit, increasing by 1,084% against the previous year. In general, the export price recorded a significant increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 3,514% against the previous year. As a result, the export price reached the peak level of $22,376,690 per unit. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Bangladesh ($95,211,055 per unit), while the average price for exports to the United Arab Emirates ($815,253 per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+48,372.3%), while the prices for the other major destinations experienced mixed trend patterns.

Dredgers Price in Saudi Arabia (CIF) - 2022

The average dredgers import price stood at $5,890,000 per unit in 2021, approximately reflecting the previous year. Overall, the import price saw a abrupt downturn. The pace of growth appeared the most rapid in 2013 when the average import price decreased by -92.3%. The import price peaked at $11,000,000 per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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 the Netherlands ($10,000,000 per unit), while the price for China amounted to $1,780,000 per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+44.4%).

Dredgers Exports in Saudi Arabia

In 2021, exports of dredgerses from Saudi Arabia dropped rapidly to 3 units, which is down by -96.6% on the year before. Over the period under review, exports saw a dramatic shrinkage. The exports peaked at 88 units in 2020, and then dropped significantly in the following year.

In value terms, dredgers exports reduced markedly to $28M in 2021. Overall, exports continue to indicate a precipitous contraction. Over the period under review, the exports reached the maximum at $70M in 2020, and then fell dramatically in the following year.

Top Export Markets for Dredgers from Saudi Arabia in 2022:

1. United Arab Emirates (1.0 units)
2. China (1.0 units)
3. Bangladesh (1.0 units)

Dredgers Imports in Saudi Arabia

In 2021, the amount of dredgerses imported into Saudi Arabia amounted to 2 units, almost unchanged from the previous year. Overall, imports showed a sharp downturn. The smallest decline of 99.9% was in 2020. Imports peaked at 99 units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, dredgers imports totaled $12M in 2021. In general, imports saw a sharp curtailment. The smallest decline of 99.9% was in 2020. Imports peaked at $437M in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Top Suppliers of Dredgers to Saudi Arabia in 2022:

1. Netherlands (1.0 units)
2. China (1.0 units)

Source: IndexBox Market Intelligence Platform