Price for Containers for Compressed or Liquefied Gas, of Aluminium in Saudi Arabia - 2022
Contents:
- Price for Containers for Compressed or Liquefied Gas, of Aluminium in Saudi Arabia (FOB) - 2022
- Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Saudi Arabia
Price for Containers for Compressed or Liquefied Gas, of Aluminium in Saudi Arabia (FOB) - 2022
In 2021, the average export price for containers for compressed or liquefied gas, of aluminium amounted to $4.6 per unit, which is down by -19% against the previous year. Overall, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 78% against the previous year. Over the period under review, the average export prices reached the peak figure at $13 per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($88 per unit), while the average price for exports to Kuwait ($0.2 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 the United Arab Emirates (+28.0%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Saudi Arabia
In 2022, overseas shipments of containers for compressed or liquefied gas, of aluminium decreased by -54.2% to 1.3K units, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 5,124% against the previous year. As a result, the exports reached the peak of 117K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of containers for compressed or liquefied gas, of aluminium surged to $38K in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 3,354% against the previous year. As a result, the exports reached the peak of $670K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Containers for Compressed or Liquefied Gas, of Aluminium in Saudi Arabia (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 |
| Kuwait | 564 | 359 | -36.3% |
| Yemen | 7.5 | 64.0 | 753.3% |
| Others | 98.5 | -410.7 | -517.0% |
| Total | 670 | 12.8 | -98.1% |
Top Export Markets for Containers for Compressed or Liquefied Gas, of Aluminium from Saudi Arabia in 2022:
- Kuwait (2.3M units)
- Yemen (0.1M units)
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