Saudi Arabia - Copper; bars, rods and profiles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Copper Bar, Rod and Profile in Saudi Arabia - 2021
Contents:
- Price for Copper Bar, Rod and Profile in Saudi Arabia (CIF) - 2022
- Price for Copper Bar, Rod and Profile in Saudi Arabia (FOB) - 2022
- Imports of Copper Bar, Rod and Profile in Saudi Arabia
- Exports of Copper Bar, Rod and Profile in Saudi Arabia
Price for Copper Bar, Rod and Profile in Saudi Arabia (CIF) - 2022
In 2022, the average import price for copper bars, rods and profiles amounted to $6,613 per ton, dropping by -12.9% against the previous year. In general, the import price continues to indicate a noticeable decrease. The growth pace was the most rapid in 2021 an increase of 21% against the previous year. The import price peaked at $8,253 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($30,983 per ton), while the price for the United Arab Emirates ($6,399 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Copper Bar, Rod and Profile in Saudi Arabia (FOB) - 2022
In 2022, the average export price for copper bars, rods and profiles amounted to $7,655 per ton, dropping by -12.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 27% against the previous year. As a result, the export price reached the peak level of $8,708 per ton, and then declined in the following year.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Morocco ($10,295 per ton) and the United Arab Emirates ($9,855 per ton), while the average price for exports to Italy ($6,956 per ton) and Egypt ($7,023 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper Bar, Rod and Profile in Saudi Arabia
In 2022, supplies from abroad of copper bars, rods and profiles was finally on the rise to reach 3.3K tons after two years of decline. In general, imports, however, showed a precipitous decline.
In value terms, copper bar, rod and profile imports stood at $22M in 2022. Overall, imports, however, recorded a precipitous curtailment.
Import of Copper Bar, Rod and Profile in Saudi Arabia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 143 | 13.2 | 5.5 | 17.4 | -50.4% |
India | 1.4 | 1.1 | 4.7 | 1.6 | 4.6% |
Malaysia | 1.9 | 2.7 | 2.4 | 0.8 | -25.0% |
Thailand | 2.0 | 2.3 | 1.0 | 0.6 | -33.1% |
Others | 5.1 | 4.5 | 6.0 | 1.4 | -35.0% |
Total | 154 | 23.8 | 19.6 | 21.7 | -48.0% |
Top Suppliers of Copper Bar, Rod and Profile to Saudi Arabia in 2022:
- United Arab Emirates (2722.7 tons)
- India (199.1 tons)
- Malaysia (98.9 tons)
- Thailand (81.6 tons)
Exports of Copper Bar, Rod and Profile in Saudi Arabia
In 2022, the amount of copper bars, rods and profiles exported from Saudi Arabia surged to 960 tons, growing by 16% on 2021. Over the period under review, exports, however, recorded a pronounced curtailment.
In value terms, copper bar, rod and profile exports reached $7.3M in 2022. The total export value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 7.8% against the previous year. As a result, the exports attained the peak of $7.5M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Copper Bar, Rod and Profile in Saudi Arabia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Egypt | 0.9 | 0.7 | 3.2 | 3.4 | 55.7% |
Italy | 3.0 | 2.1 | 1.3 | 1.5 | -20.6% |
United Arab Emirates | 1.5 | 3.3 | 1.4 | 1.5 | 0.0% |
Kuwait | 1.2 | 0.2 | 0.3 | 0.4 | -30.7% |
Bahrain | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
Jordan | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
Sudan | 0.2 | 0.2 | N/A | N/A | 0.0% |
Others | 0.1 | 0.8 | 0.6 | 0.1 | 0.0% |
Total | 7.0 | 7.5 | 7.2 | 7.3 | 1.4% |
Top Export Markets for Copper Bar, Rod and Profile from Saudi Arabia in 2022:
- Egypt (489.3 tons)
- Italy (209.3 tons)
- United Arab Emirates (153.5 tons)
- Kuwait (47.8 tons)
- Bahrain (24.9 tons)
- Jordan (21.2 tons)
This report provides an in-depth analysis of the market for copper bar, rod and profile 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 24442200 - Copper and copper alloy bars, rods, profiles and hollow profiles (excluding bars and rods obtained by casting or sintering, copper wire rod in coils)
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
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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
This report provides an in-depth analysis of the market for copper bar, rod and profile in Saudi Arabia.
This report provides an in-depth analysis of the market for copper bars, wire and plates in Saudi Arabia.
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This report provides an in-depth analysis of the market for copper bar, rod and profile in Saudi Arabia.
This report provides an in-depth analysis of the market for copper bars, wire and plates in Saudi Arabia.
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