Saudi Arabia - Tube Or Pipe Fittings Of Non-Malleable Cast Iron - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Saudi Arabia - 2022
Contents:
- Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Saudi Arabia (FOB) - 2022
- Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Saudi Arabia (CIF) - 2022
- Exports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Saudi Arabia
- Imports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Saudi Arabia
Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Saudi Arabia (FOB) - 2022
In 2021, the average export price for tube or pipe fittings of non-malleable cast iron amounted to $2,032 per ton, reducing by -47.5% against the previous year. Over the period under review, the export price, however, enjoyed modest growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 171%. The export price peaked at $5,047 per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Qatar ($4,955 per ton), while the average price for exports to Kuwait ($709 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 Egypt (+159.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Saudi Arabia (CIF) - 2022
The average import price for tube or pipe fittings of non-malleable cast iron stood at $10,205 per ton in 2021, picking up by 77% against the previous year. In general, the import price posted a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Singapore ($24,498 per ton), while the price for India ($2,930 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+57.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Saudi Arabia
In 2022, approx. 97 tons of tube or pipe fittings of non-malleable cast iron were exported from Saudi Arabia; increasing by 88% on the previous year's figure. Overall, exports, however, showed a abrupt curtailment.
In value terms, exports of tube or pipe fittings of non-malleable cast iron surged to $263K in 2022. In general, exports, however, recorded a drastic downturn.
| Export of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Saudi Arabia (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| United Arab Emirates | N/A | 142 | 241 | 69.7% |
| Bahrain | 76.0 | 78.5 | 190 | 58.1% |
| Kuwait | 1,674 | 69.8 | 56.7 | -81.6% |
| Qatar | N/A | N/A | 38.9 | 0% |
| India | N/A | N/A | 27.2 | 0% |
| Iraq | 3,857 | 67.1 | N/A | -98.3% |
| Others | -5,110.2 | -194.6 | -448.9 | -70.4% |
| Total | 496 | 162 | 105 | -54.0% |
Top Export Markets for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron from Saudi Arabia in 2022:
- United Arab Emirates (265.6 tons)
- Bahrain (115.2 tons)
- Kuwait (79.9 tons)
- India (24.4 tons)
- Qatar (7.9 tons)
Imports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Saudi Arabia
In 2021, the amount of tube or pipe fittings of non-malleable cast iron imported into Saudi Arabia skyrocketed to 14K tons, jumping by 76% against 2020 figures. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tube or pipe fittings of non-malleable cast iron surged to $146M in 2021. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Saudi Arabia (Million USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| Singapore | N/A | 4.2 | 38.5 | 816.7% |
| Romania | 0.4 | 0.5 | 32.0 | 794.4% |
| China | 8.0 | 5.8 | 29.7 | 92.7% |
| Indonesia | N/A | N/A | 12.4 | 0% |
| France | 4.0 | 4.5 | 9.0 | 50.0% |
| Japan | 4.2 | 1.2 | 7.4 | 32.7% |
| Italy | 2.6 | 2.2 | 2.8 | 3.8% |
| Germany | 1.0 | 5.6 | 1.9 | 37.8% |
| India | 3.0 | 1.9 | 0.9 | -45.2% |
| South Korea | 1.9 | 5.9 | N/A | 210.5% |
| Others | 13.2 | 14.8 | 10.9 | -9.1% |
| Total | 38.3 | 46.6 | 146 | 95.2% |
Top Suppliers of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron to Saudi Arabia in 2022:
- China (5.1K tons)
- Singapore (1.6K tons)
- Romania (1.4K tons)
- France (0.8K tons)
- Indonesia (0.6K tons)
- Italy (0.4K tons)
- Japan (0.4K tons)
- India (0.3K tons)
- Germany (0.2K tons)
This report provides an in-depth analysis of the market for non-malleable cast iron pipe fittings 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 2025.
Product coverage:
- Prodcom 24513030 - Tube or pipe fittings, of non-malleable cast iron
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
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