Liquid Elevators Price in Saudi Arabia - 2021

Contents:

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

Liquid Elevators Price in Saudi Arabia (CIF) - 2022

In 2022, the average liquid elevators import price amounted to $24 per unit, shrinking by -72.6% against the previous year. Overall, the import price showed a sharp reduction. The growth pace was the most rapid in 2019 an increase of 484% against the previous year. The import price peaked at $235 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,118 per unit), while the price for China ($21 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+20.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Liquid Elevators Price in Saudi Arabia (FOB) - 2022

The average liquid elevators export price stood at $2,495 per unit in 2022, approximately reflecting the previous year. Over the period under review, the export price, however, recorded temperate growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 64%. The export price peaked at $2,498 per unit in 2021, and then reduced in the following year.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +21.4% per year.

Liquid Elevators Imports in Saudi Arabia

In 2022, approx. 366K units of liquid elevatorses were imported into Saudi Arabia; increasing by 605% against the previous year. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 3,251%. As a result, imports reached the peak of 570K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, liquid elevators imports soared to $8.7M in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 260%. As a result, imports attained the peak of $13M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Liquid Elevators in Saudi Arabia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1.41.01.93.940.7%
United States0.32.50.32.191.3%
China0.40.50.51.035.7%
SerbiaN/A2.3N/AN/A0%
ItalyN/A2.9N/AN/A0%
Others1.53.71.81.74.3%
Total3.612.94.58.734.2%

Top Suppliers of Liquid Elevators to Saudi Arabia in 2022:

  1. China (48.8K units)
  2. Japan (6.2K units)
  3. United States (1.9K units)

Liquid Elevators Exports in Saudi Arabia

In 2022, approx. 1.1K units of liquid elevatorses were exported from Saudi Arabia; rising by 14% compared with the year before. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +6.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -22.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 57%. As a result, the exports attained the peak of 1.4K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, liquid elevators exports totaled $2.7M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 68%. As a result, the exports attained the peak of $3M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Liquid Elevators in Saudi Arabia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1.70.11.02.716.7%
KuwaitN/A0.1N/AN/A0%
IraqN/AN/AN/AN/A0%
BahrainN/A2.71.1N/A-59.3%
Others0.10.10.3N/A73.2%
Total1.83.02.32.714.5%

Top Export Markets for Liquid Elevators from Saudi Arabia in 2022:

  1. United Arab Emirates (1.1K units)

Source: IndexBox Market Intelligence Platform

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