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Saudi Arabia - Iron Or Steel Washers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Washer Price in Saudi Arabia - 2021
Contents:
- Metal Washer Price in Saudi Arabia (CIF) - 2022
- Metal Washer Price in Saudi Arabia (FOB) - 2022
- Metal Washer Imports in Saudi Arabia
- Metal Washer Exports in Saudi Arabia
Metal Washer Price in Saudi Arabia (CIF) - 2022
In 2022, the average metal washer import price amounted to $5,752 per ton, with a decrease of -11.7% against the previous year. Over the period under review, the import price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 20% against the previous year. As a result, import price attained the peak level of $10,362 per ton. From 2014 to 2022, the average import prices remained 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 ($55,225 per ton), while the price for China ($2,906 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Washer Price in Saudi Arabia (FOB) - 2022
The average metal washer export price stood at $28,726 per ton in 2021, increasing by 19% against the previous year. Overall, the export price recorded a buoyant increase. The growth pace was the most rapid in 2014 an increase of 101%. The export price peaked at $31,541 per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($167,605 per ton), while the average price for exports to Egypt ($381 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+28.1%), while the prices for the other major destinations experienced mixed trend patterns.
Metal Washer Imports in Saudi Arabia
In 2022, approx. 4.6K tons of iron or steel washers were imported into Saudi Arabia; jumping by 27% compared with the previous year. The total import volume increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, metal washer imports expanded significantly to $26M in 2022. Over the period under review, imports, however, recorded a abrupt contraction.
Import of Metal Washer in Saudi Arabia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.3 | 6.1 | 6.1 | 5.8 | 3.1% |
Japan | 7.0 | 5.0 | 3.8 | 4.9 | -11.2% |
Germany | 3.7 | 2.7 | 3.7 | 3.5 | -1.8% |
Italy | 2.7 | 2.0 | 2.0 | 2.1 | -8.0% |
India | 1.1 | 1.3 | 1.4 | 1.3 | 5.7% |
South Korea | 1.1 | 1.2 | N/A | 1.2 | 2.9% |
Taiwan (Chinese) | 0.4 | 0.6 | N/A | 0.7 | 20.5% |
Others | 9.9 | 10.0 | 6.4 | 6.6 | -12.6% |
Total | 31.3 | 29.0 | 23.5 | 26.2 | -5.8% |
Top Suppliers of Metal Washer to Saudi Arabia in 2022:
- China (2006.6 tons)
- Japan (1332.7 tons)
- India (369.5 tons)
- Germany (173.1 tons)
- Taiwan (Chinese) (104.1 tons)
- South Korea (76.4 tons)
- Italy (74.7 tons)
Metal Washer Exports in Saudi Arabia
In 2021, the amount of iron or steel washers exported from Saudi Arabia shrank to 9.3 tons, waning by -7.2% on the previous year's figure. Over the period under review, exports saw a deep setback.
In value terms, metal washer exports amounted to $268K in 2021. The total export value increased at an average annual rate of +10.0% over the period from 2020 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Metal Washer in Saudi Arabia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
Italy | N/A | 176 | 0% | ||
Bahrain | 75.6 | 33.5 | -55.7% | ||
United Arab Emirates | 64.6 | 17.1 | -73.5% | ||
Oman | N/A | 4.2 | 0% | ||
Hong Kong SAR | N/A | 3.6 | 0% | ||
France | N/A | 2.4 | 0% | ||
Egypt | N/A | 0.7 | 0% | ||
Chile | 64.2 | N/A | 0% | ||
Peru | 39.5 | N/A | 0% | ||
Others | N/A | 31.1 | 0% | ||
Total | 244 | 268 | 9.8% |
Top Export Markets for Metal Washer from Saudi Arabia in 2022:
- Bahrain (2.5 tons)
- Egypt (1.8 tons)
- Hong Kong SAR (1.5 tons)
- Italy (1.0 tons)
- Oman (0.7 tons)
- United Arab Emirates (0.6 tons)
- France (0.6 tons)
This report provides an in-depth analysis of the metal washer market in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25941230 - Iron or steel washers (excluding spring washers and other lock washers)
Country coverage:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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