Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Saudi Arabia - 2022
Contents:
- Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Saudi Arabia (FOB) - 2022
- Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Saudi Arabia
Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Saudi Arabia (FOB) - 2022
The average export price for containers for compressed or liquefied gas, of iron or steel stood at $28 per unit in 2021, falling by -30.5% against the previous year. In general, the export price, however, continues to indicate measured growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 80%. Over the period under review, the average export prices reached the maximum at $48 per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was South Korea ($90 per unit), while the average price for exports to Yemen ($2.9 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 Kuwait (+1.7%), while the prices for the other major destinations experienced a decline.
Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Saudi Arabia
In 2022, approx. 9.2K units of containers for compressed or liquefied gas, of iron or steel were exported from Saudi Arabia; with a decrease of -84.4% compared with 2021. Overall, exports continue to indicate a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 79% against the previous year. Over the period under review, the exports of hit record highs at 120K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of containers for compressed or liquefied gas, of iron or steel dropped dramatically to $452K in 2022. In general, exports showed a dramatic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 25%. The exports peaked at $5.7M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Containers for Compressed or Liquefied Gas, of Iron or Steel in Saudi Arabia (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| United Arab Emirates | N/A | 2,826 | 1,148 | -59.4% |
| India | N/A | 54.9 | 584 | 963.8% |
| South Korea | N/A | 396 | 497 | 25.5% |
| Bahrain | N/A | 189 | 367 | 94.2% |
| Egypt | 380 | 715 | 326 | -7.4% |
| Jordan | N/A | 13.7 | 288 | 2002.2% |
| Kuwait | 5,347 | 91.0 | 198 | -80.8% |
| Qatar | N/A | N/A | 38.7 | 0% |
| Yemen | N/A | N/A | 29.3 | 0% |
| Others | N/A | -2,977.7 | -1,844.3 | -38.1% |
| Total | 5,726 | 1,308 | 1,631 | -46.6% |
Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Saudi Arabia in 2022:
- United Arab Emirates (238.9K units)
- Jordan (23.2K units)
- Kuwait (22.4K units)
- Bahrain (13.3K units)
- India (12.9K units)
- Yemen (10.1K units)
- Egypt (9.9K units)
- Qatar (7.7K units)
- South Korea (5.5K units)
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