Hand Saws Price in Saudi Arabia - 2021

Contents:

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

Hand Saws Price in Saudi Arabia (CIF) - 2022

In 2021, the average hand saws import price amounted to $6,254 per ton, jumping by 19% against the previous year. Overall, the import price recorded a resilient increase. The most prominent rate of growth was recorded in 2019 an increase of 36%. The import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($39,201 per ton), while the price for Italy ($3,251 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+24.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Hand Saws Price in Saudi Arabia (FOB) - 2022

The average hand saws export price stood at $4,102 per ton in 2022, with a decrease of -9.8% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by 122% against the previous year. Over the period under review, the average export prices reached the peak figure at $10,899 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($22,445 per ton), while the average price for exports to Italy ($1,300 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 the United States (+75.9%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Saws Imports in Saudi Arabia

After two years of growth, purchases abroad of hand sawses decreased by -30.9% to 2.2K tons in 2021. Overall, imports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 6.5%. As a result, imports attained the peak of 3.2K tons, and then fell markedly in the following year.

In value terms, hand saws imports plummeted to $14M in 2021. Over the period under review, imports saw a deep downturn. The growth pace was the most rapid in 2020 with an increase of 7.6% against the previous year. As a result, imports attained the peak of $17M, and then fell dramatically in the following year.

Import of Hand Saws in Saudi Arabia (Million USD)
COUNTRY201920202021CAGR,
2019-2021
China2.64.34.430.1%
Italy2.82.02.0-15.5%
Germany3.52.42.0-24.4%
South Korea1.02.52.041.4%
Slovenia1.10.6N/A-45.5%
Others4.54.93.5-11.8%
Total15.516.713.8-5.6%

Top Suppliers of Hand Saws to Saudi Arabia in 2022:

  1. China (1016.8 tons)
  2. Italy (628.2 tons)
  3. South Korea (101.6 tons)
  4. Germany (97.1 tons)

Hand Saws Exports in Saudi Arabia

In 2022, approx. 17 tons of hand sawses were exported from Saudi Arabia; with a decrease of -70.1% compared with the year before. Over the period under review, exports recorded a precipitous shrinkage. The growth pace was the most rapid in 2021 when exports increased by 34% against the previous year. As a result, the exports attained the peak of 57 tons, and then declined rapidly in the following year.

In value terms, hand saws exports fell markedly to $70K in 2022. In general, exports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year.

Export of Hand Saws in Saudi Arabia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BahrainN/A5.927.050.0191.1%
IndiaN/AN/AN/A6.60%
ItalyN/A6.810.65.5-10.1%
JordanN/A17.2161N/A836.0%
Egypt24119.911.0N/A-78.6%
OmanN/A6.57.2N/A10.8%
Sudan120136N/AN/A13.3%
Others3.036.541.27.636.3%
Total36422925869.7-42.4%

Top Export Markets for Hand Saws from Saudi Arabia in 2022:

  1. Bahrain (8.1 tons)
  2. Italy (4.3 tons)
  3. India (0.3 tons)

Source: IndexBox Market Intelligence Platform

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